Estimated payment $2,991/month
Highlights
- Fitness Center
- 24-Hour Security
- Open Floorplan
- Koi Pond
- Active Adult
- Clubhouse
About This Home
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!
Listing Agent
RE/MAX Galaxy Brokerage Phone: 626-255-9123 License #01041875 Listed on: 05/11/2025
Property Details
Home Type
- Condominium
Year Built
- Built in 2006
HOA Fees
- $911 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Available
- Automatic Gate
- Assigned Parking
- Community Parking Structure
Home Design
- Contemporary Architecture
- Entry on the 1st floor
- Turnkey
- Copper Plumbing
Interior Spaces
- 690 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Living Room
- Carpet
- Laundry Room
Kitchen
- Eat-In Kitchen
- Gas Oven
- Gas Range
- Range Hood
- Granite Countertops
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
- Bathtub
Outdoor Features
- Koi Pond
Additional Features
- Two or More Common Walls
- Urban Location
- Central Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 1 / 2
- Tax Tract Number 53558
- Assessor Parcel Number 5161025019
- Seller Considering Concessions
Community Details
Overview
- Active Adult
- 148 Units
- Teramachi Association, Phone Number (626) 529-3918
- Teramachi Owners Association
- Maintained Community
Amenities
- Sauna
- Billiard Room
- Meeting Room
Recreation
Pet Policy
- Pets Allowed with Restrictions
Security
- 24-Hour Security
- Resident Manager or Management On Site
- Controlled Access
Map
About This Building
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,029 | $390,000 | $78,000 | $312,000 |
| 2024 | $6,029 | $497,333 | $206,272 | $291,061 |
| 2023 | $5,910 | $487,582 | $202,228 | $285,354 |
| 2022 | $5,628 | $478,022 | $198,263 | $279,759 |
| 2021 | $5,555 | $468,650 | $194,376 | $274,274 |
| 2019 | $5,384 | $454,751 | $188,611 | $266,140 |
| 2018 | $5,367 | $445,835 | $184,913 | $260,922 |
| 2016 | $5,123 | $428,525 | $177,734 | $250,791 |
| 2015 | $5,047 | $422,089 | $175,065 | $247,024 |
| 2014 | $5,065 | $413,822 | $171,636 | $242,186 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/12/2025 12/12/25 | For Sale | $430,000 | +43.4% | $443 / Sq Ft |
| 11/16/2025 11/16/25 | Price Changed | $299,900 | -6.3% | $435 / Sq Ft |
| 07/23/2025 07/23/25 | Price Changed | $319,900 | -1.5% | $464 / Sq Ft |
| 07/22/2025 07/22/25 | Price Changed | $324,900 | -3.0% | $471 / Sq Ft |
| 05/11/2025 05/11/25 | For Sale | $334,900 | -- | $485 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $390,000 | Pacific Coast Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title | |
| Grant Deed | $393,000 | Chicago Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $292,500 | New Conventional | |
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $200,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR25100694
APN: 5161-025-060
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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