3538 City Terrace Drive Los Angeles, CA $ 1,179,995
3538 City Terrace Drive
$ 1,179,995
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3538 City Terrace Drive

Los Angeles, CA, 90063
$ 1,179,995
Baths0.0 Sq 2,784

Monthly Estimate*

$ 7,843

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,179,995. This 2,784 square foot home was built in 1930 on a lot size of 0.13.

Presenting a charming duplex located on 3538 City Terrace Dr, this property is ready to take your real estate portfolio to new heights. This property is a rare find, featuring two units, each with its own distinct charm and privacy. Live in one unit while renting out the other to generate passive income, or rent out both units for an excellent cash flow. Whether you're an investor looking to expand or a savvy buyer seeking potential, this C2-zoned duplex offers a myriad of possibilities that will surely capture your imagination. This property presents countless development possibilities. The C2 zoning designation allows for a diverse range of opportunities. Whether you envision creating office spaces, opening retail stores, starting a restaurant, establishing a hotel or motel, even setting up medical facilities, or consider adding an Additional Dwelling Unit (ADU) to increase rental income, this property's zoning makes it possible. Nestled in a vibrant neighborhood of Los Angeles, this duplex is conveniently situated near schools, parks, shops, and dining, making it an attractive choice for potential tenants or residents. Los Angeles has a robust rental market, and this duplex offers the chance to tap into the high demand for rental properties in the area. Don't miss out on this golden opportunity to own a versatile property that promises a remarkable return on investment. Whether you're a seasoned investor or a first-time buyer, 3538 City Terrace Dr invites you to capitalize on its incredible potential and make your mark on Los Angeles real estate. Contact us today to schedule a private showing and explore the endless possibilities this duplex holds. Don't wait; seize the opportunity to secure a prime investment property in one of LA's most dynamic locations. Act fast, as this gem won't stay on the market for long!

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Multi-Family Active

Price

$ 1,179,995

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.13

Year Built

1930

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024350653

Features
General
Heating Wall Furnace
Possession Close of Escrow
Zoning LCC2*
Pool Features Private
Year Built 1930
Levels Two
County Los Angeles
Net Operating Income 61200.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 2.25
Senior Community Y/N No
MLS Area ELA - East Los Angeles
Lot Size Square Feet 5452.0
Street Name City Terrace
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Kitchen Appliances Disposal Dishwasher Refrigerator
Heating Y/N Yes
Street Suffix Drive
Laundry Features Washer Included Dryer Included
Total Baths 0
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Exterior
Parking Features Direct Garage Access
Lot Size Area 5452.0
Building Area Total 2784.0
Lot Size Acres 0.13
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Shavarsh Alajajyan

Listing Agent

Equity Union

Broker

Affordability Calculator

$7,843
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,843
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/23/2024$1,179,995 Listed Price

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3538 City Terrace Drive, Los Angeles, CA, 90063 is a Multi-Family Home for sale at $1,179,995 with 2,784 sqft and a lot size of 0.13. 3538 City Terrace Drive is a studio with 0.0 baths and was built in 1930. The property's zip code is 90063 which is in Los Angeles, CA