• 3538 City Terrace Drive Los Angeles, CA 90063

  • $1,179,995
  • 4
    Bed(s)
  • 0
    Baths
  • 2,784
    Sq Ft
  • 5452
    Sqft
  • Listed By: Shavarsh Alajajyan, Equity Union, DRE #01490112
  • Source: CRMLS

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!

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 4

Bathroom Information

Total Baths: 3

Full Baths: 0

Half Baths: 0

Interior Features

Property Appliances: Dishwasher,Disposal,Refrigerator,Dryer,Washer

Heating Source

Wall Furnace

Has Heating

Building Information

Year Built: 1930

Building Area Total: 2,784

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1252

Lot Size Source: Vendor Enhanced

Lot Size Square Feet: 5452

Listing Price Information

Original List Price: 1,179,995

Listing Contract Date: 2024-01-22

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5228017009

Garage and Parking

Garage Description: Door-Multi,Direct Access,Garage,Private

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

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

Building and Construction

Property Age: 94

Year Built Source: Vendor Enhanced

Total Square Feet Living: 2784

Levels or Stories: Two

Building Total Stories: 2

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Snow Drive, Los Angeles, CA,90063 $185,000 -- -- -- 6438 Sqft
801 N Hazard, Los Angeles, CA,90063 $1,195,000 -- -- 4,460 10651 Sqft
4156 Woolwine Drive, Los Angeles, CA,90063 $169,000 -- -- -- 3184 Sqft
1004 N Hicks Avenue, Los Angeles, CA,90063 $1,150,000 8 4 5,168 7249 Sqft
3520 Pomeroy, Los Angeles, CA,90063 $525,000 -- -- -- 7244 Sqft
411 N Brannick Avenue #F, Los Angeles, CA,90063 $494,900 3 2 1,179 --
501 S Lorena Street, Los Angeles, CA,90063 $940,000 -- -- 2,200 4250 Sqft
1256 Schick Avenue, Los Angeles, CA,90063 $145,000 -- -- -- 7140 Sqft
Schick Avenue, Los Angeles, CA,90063 $145,000 -- -- -- 7533 Sqft
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.

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