Thank you
Shavarsh Alajajyan
Equity Union
818-989-2000
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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Total Bedrooms : 4
Total Baths: 3
Full Baths: 0
Half Baths: 0
Property Appliances: Dishwasher,Disposal,Refrigerator,Dryer,Washer
Wall Furnace
Has Heating
Year Built: 1930
Building Area Total: 2,784
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1252
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 5452
Original List Price: 1,179,995
Listing Contract Date: 2024-01-22
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5228017009
Garage Description: Door-Multi,Direct Access,Garage,Private
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: ELA - East Los Angeles
Postal Code Plus 4: 3735
Directions: See Google Maps
Zoning: LCC2*
Source Property Type: Residential Income
Area: ELA - East Los Angeles
Property Age: 94
Year Built Source: Vendor Enhanced
Total Square Feet Living: 2784
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
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1243 Schick Avenue, Los Angeles, CA,90063 | $145,000 | -- | -- | -- | 7151 Sqft |
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ByOwner last updated this listing 05/19/2024 @ 10:59
MLS: 24350653
LISTED BY: Shavarsh Alajajyan, Equity Union
SOURCE: CRMLS
Buyer Agency Compensation: 2.25%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.