A rating for the building relative to other buildings of the same type throughout the country.Learn more
127Units
6Stories
2006Year Built
$331K - $1.5MValue Range
Available Units
For Sale
For Rent
Highlights
Concierge
Steam Room
Fitness Center
Elevator
Indoor Pool
24-Hour Security
A senior living oasis in the heart of Little Tokyo
Teramachi, located at 267 S San Pedro Street, is a 55+ senior living community that stands as a cornerstone of Downtown Los Angeles' vibrant Little Tokyo district. Completed in 2006, this six-story condominium complex houses 127 units, offering a blend of modern comfort and cultural richness. The building's contemporary design features a curved facade with large windows and balconies, creating an inviting atmosphere for its residents. Teramachi's prime location puts it at the center of one of LA's most historically significant neighborhoods, providing easy access to a wealth of cultural attractions, dining options, and urban amenities.
Spacious layouts with panoramic city views
Teramachi offers a range of floor plans to suit various needs, from cozy one-bedroom units to expansive three-bedroom homes. The one-bedroom layouts span from 690 to 860 square feet, with prices ranging from $297,000 to $355,000. These units typically feature open living areas, well-appointed kitchens, and private balconies.
The two-bedroom units, which make up the majority of the building, offer more generous spaces ranging from 960 to 2,050 square feet, with prices between $340,000 and $639,000. These homes often include master suites with walk-in closets, guest bedrooms, and two full bathrooms. Many units boast floor-to-ceiling windows that flood the space with natural light and provide stunning views of the city skyline or the San Gabriel Mountains.
For those seeking the ultimate in space and luxury, Teramachi also offers a limited number of three-bedroom units, approximately 2,100 square feet in size. These penthouse-level homes feature high ceilings, expansive living areas, and premium finishes throughout.
Regardless of the size, all units in Teramachi come equipped with modern amenities. Kitchens feature granite countertops, stainless steel appliances, and breakfast bars. Many units have been updated with quartz countertops and contemporary fixtures. In-unit laundry facilities, central air conditioning and heating, and ample storage space are standard across all floor plans.
One of the most appealing features of Teramachi's units is the private balconies, which offer residents a personal outdoor retreat with views of the bustling cityscape or the tranquil courtyard below. Some top-floor units even include fireplaces in the living rooms, adding an extra touch of coziness to these urban homes.
Monthly HOA fees range from $800 to $1,300, covering building and grounds maintenance, an alarm system, earthquake insurance, clubhouse access, water, sewer, and trash services. This comprehensive fee structure ensures that residents can enjoy a worry-free lifestyle in their Teramachi home.
Resort-inspired amenities with a cultural touch
Teramachi goes above and beyond to create a community-centric living experience for its residents. The centerpiece of the complex is its beautifully landscaped central courtyard, featuring serene gardens, a tranquil koi pond, and soothing fountains and waterfalls. This oasis in the heart of the city provides a perfect spot for relaxation and socializing.
The building's amenities cater to both active and leisurely lifestyles. A well-equipped fitness center and sauna allow residents to maintain their health and wellness routines without leaving the premises. For those who enjoy outdoor recreation, the complex offers an indoor-outdoor pool with a sundeck and spa, perfect for year-round enjoyment.
Community engagement is fostered through several shared spaces. A two-story community recreation room, complete with a full kitchen, serves as a hub for social gatherings and events. This versatile space includes a billiards table and ping pong table, encouraging friendly competition and interaction among neighbors. Each floor also features a guest lounge, which can be reserved for overnight visitors, adding convenience for residents hosting out-of-town family and friends.
Safety and security are paramount at Teramachi. The building operates with 24-hour security and a front desk, ensuring peace of mind for all residents. The gated community includes secure underground parking, with each unit allocated at least one parking space – a valuable amenity in downtown Los Angeles. Ample guest parking is also available, a rarity in this urban setting.
For outdoor entertaining, community barbecues are provided, allowing residents to enjoy al fresco dining and social gatherings. The building's unique features, such as the koi pond and water features, create a serene atmosphere that sets Teramachi apart from typical urban residences.
These thoughtfully curated amenities and services combine to create a living environment that balances the energy of downtown living with the comfort and tranquility of a private retreat, tailored specifically to the needs and preferences of its 55+ community.
Cultural immersion in the heart of Little Tokyo
Teramachi's location in the historic Little Tokyo district of Downtown Los Angeles offers residents a unique blend of cultural richness and urban convenience. This vibrant neighborhood is a hub of Japanese American culture and history.
Just steps from the building, residents can explore the Japanese Village Plaza, a charming outdoor shopping center featuring traditional architecture and a variety of Japanese shops and eateries. The plaza is home to popular restaurants like Daikokuya, known for its authentic ramen, and Sushi Gen, a local favorite for fresh sushi.
Cultural attractions abound in the area. The Japanese American Cultural & Community Center is located nearby, adding to the neighborhood's rich cultural landscape. The Geffen Contemporary at MOCA (Museum of Contemporary Art) is just a short walk away, offering world-class exhibitions in a spacious, converted warehouse setting. The nearby Arts District is home to numerous galleries, street art, and creative spaces, perfect for art enthusiasts.
Little Tokyo is also a food lover's paradise. Beyond Japanese cuisine, the area boasts a diverse culinary scene. Residents can explore the historic Grand Central Market, a food hall featuring a variety of local vendors and cuisines. For grocery shopping, there are two Japanese markets within walking distance, as well as a Korean grocery market, offering a wide selection of Asian ingredients and prepared foods.
Entertainment options are plentiful in the surrounding downtown area. The Walt Disney Concert Hall, home to the Los Angeles Philharmonic, and the Music Center, which hosts various performing arts events, are both within easy reach. Sports fans will appreciate the proximity to the Crypto.com Arena (formerly Staples Center), home to the Lakers, Clippers, and Kings.
For those who enjoy outdoor activities, Grand Park offers 12 acres of green space in the heart of the city, perfect for picnics, outdoor concerts, and community events. The historic Olvera Street, considered the "birthplace of Los Angeles," is also nearby, offering a glimpse into the city's Mexican heritage.
This prime location allows Teramachi residents to immerse themselves in a rich tapestry of cultures, cuisines, and experiences, all while enjoying the convenience and excitement of downtown living.
Unparalleled connectivity in a transit-rich urban core
Teramachi's location in Downtown Los Angeles provides residents with exceptional access to a variety of transportation options, making it easy to navigate the city and beyond without relying on a personal vehicle.
Public transit is abundant and easily accessible. The Little Tokyo/Arts District Metro station, served by the Gold Line light rail, is just a 10-minute walk from Teramachi. This line connects residents to other parts of Downtown, as well as to Pasadena and East Los Angeles. For broader metro access, the Pershing Square station, about a 15-minute walk away, offers connections to both the Purple and Red Lines, providing easy access to Hollywood, Koreatown, and North Hollywood.
Bus service in the area is comprehensive. The San Pedro St & 3rd St bus stop, located just a minute's walk from Teramachi, is served by the DASH A line, offering frequent service throughout Downtown. Additional bus lines, including the 40 Beverly Blvd route, can be accessed from nearby stops, expanding transit options even further.
For regional travel, Union Station is approximately a 20-minute walk or a short drive from Teramachi. As the main transportation hub of Los Angeles, Union Station provides access to Metrolink commuter rail services, Amtrak long-distance trains, and additional Metro rail and bus lines. From here, residents can easily reach destinations throughout Southern California and beyond.
The neighborhood's excellent walkability means that many daily errands and activities can be accomplished on foot. The area's relatively flat terrain and well-maintained sidewalks make walking a pleasant and practical option for getting around the immediate vicinity.
For those who prefer cycling, the neighborhood is very bike-friendly, with dedicated bike lanes on many nearby streets. The Metro Bike Share program has several stations in the area, offering an eco-friendly option for short trips.
When driving is necessary, Teramachi's location provides easy access to major freeways. The 101 and 110 freeways are both within a short drive, connecting residents to other parts of Los Angeles and Southern California. For air travel, Los Angeles International Airport (LAX) is about a 25-minute drive away, while Bob Hope Airport in Burbank offers an alternative about 25 minutes to the north.
This wealth of transportation options ensures that Teramachi residents can easily explore all that Los Angeles has to offer, whether they're commuting for work, running errands, or embarking on leisure activities throughout the city and beyond.
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Quantarium
Current List Price
Sold Price
Area Factors
High Crime
Crime Score®
10/ 10
Very Bikeable
Bike Score®
83/ 100
Walker's Paradise
Walk Score®
95/ 100
Rider's Paradise
Transit Score®
100/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
San Julian Park
6 min walk
Basketball
Picnic Area
Spring Street Park
7 min walk
Picnic Area
Playground
City Hall Park Center
9 min walk
Picnic Area
Multi-Purpose Field
Arts District Dog Park
12 min walk
Dog Park
Parking Lot
Arts District Park
13 min walk
Los Angeles Plaza Park
14 min walk
Events
Amusement Rides
Multi-Purpose Field
Grand Park
2 min drive
Picnic Area
Community Center
Multi-Purpose Field
Ord and Yale Street Park
2 min drive
Picnic Area
Playground
Walking Paths
Grand Hope Park
2 min drive
Picnic Area
Playground
Schools
Source:
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