Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

267 S San Pedro Street

Los Angeles, CA, 90012

1 / 24View all 24 photos

$299,900

MLS: TR25100694

Beds

1

Baths

1

Sq Ft

690

Lot

Year Built

2006

MLS #

TR25100694

Days on Market

294

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

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Listed by: Steven Sakata · RE/MAX Galaxy

Payment estimate

$2,383

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $29,990 · Loan: $269,910

%
Principal & Interest
$1,658
Property tax (1.25%)
$312
Homeowners insurance
$300
Mortgage insurance
$112
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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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

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.

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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