$299,900
Original list price: $334,900
MLS: TR25100694
Beds
1
Baths
1
Sq Ft
690
Lot
—
Year Built
2006
MLS #
TR25100694
Days on Market
402
Listed
May 11, 2025
Description
Welcome to your ideal retreat within the serene Teramachi community, a gated 55+ senior facility located in the vibrant heart of Little Tokyo, Downtown Los Angeles. This delightful one-bedroom, one-bath condominium offers a perfect blend of modern living and community-oriented amenities. Step inside to discover a thoughtfully designed layout featuring an in-unit laundry for added convenience. Enjoy the comfort of modern amenities as you relax in your cozy living space, which opens up to a private balcony. This unit has one secured parking space, complemented by available guest parking for visitors. The Teramachi community truly enhances your lifestyle with an array of fantastic association amenities, including a sauna for relaxation, a well-equipped fitness facility, and a spacious two-story multi-purpose room. This versatile space can be reserved for family gatherings and features its own kitchen, alongside tables for dining and activities such as card, pool, and ping pong tables. Convenience is at your doorstep, with shopping, restaurants, and transportation options just a short walk away. Embrace the area's rich culture and arts, with access to museums and cultural centers within Little Tokyo. Experience a vibrant, fulfilling lifestyle in this exceptional condominium, where comfort, security, and community unite seamlessly. Don’t miss the opportunity to make this charming home your own!
Location
Los Angeles, Los Angeles County, CA 90012
Open on Google Maps ↗Listed by: Steven Sakata · RE/MAX Galaxy
Payment estimate
$3,345
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $29,990 · Loan: $269,910
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $1,710
- Property tax (1.25%)
- $312
- Homeowners insurance
- $300
- Mortgage insurance
- $112
- HOA dues
- $911
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $10,497 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90012 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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