$1,179,995 Price Analysis   ♡   Los Angeles, CA 90063 4 bed 3 bath 2,784 SqFt ($423/SqFt) 5,452SqFt lot. Built 1930 Listed 2024-01-23, Taxes $3,810 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
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 dding 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 limitless 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!
Presented by Shavarsh Alajajyan at
Equity Union.
Property MLS #24-350653 from TheMLSCLAW
Full Bathrooms: 3
Heating Features: Wall
Garage Spaces: 3
Garage Description: Detached, Direct Entrance, Private, Garage - 3 Car, Garage Is Detached
Parking Total: 7
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 5452
Calculated Total Monthly Association Fees: 0
Number of Units: 2
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 2921, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 3500
County: Los Angeles
Directions: See Google Maps
Source Property Type: Residential Income
Area: East LA
Source Neighborhood: East LA
Parcel Number: 5228-017-009
Postal Code Plus 4: 3735
Zoning: LCC2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $99,187 + $133,455 $232,642 | $3,810 |
| 2021 | $97,243 + $130,839 $228,082 | $3,753 |
| 2020 | $96,246 + $129,498 $225,744 | $3,770 |
| 2019 | $94,359 + $126,959 $221,318 | $3,653 |
| 2018 | $92,509 + $124,470 $216,979 | $3,521 |
| 2017 | $90,696 + $122,030 $212,726 | $3,457 |
| 2016 | $88,918 + $119,638 $208,556 | $3,355 |
| 2015 | $87,583 + $117,841 $205,424 | $3,309 |
| 2014 | $85,868 + $115,533 $201,401 | $3,312 |
| 2013 | $85,480 + $115,011 $200,491 | $3,293 |
| 2012 | $83,804 + $112,756 $196,560 | $3,302 |
| 2010 | $82,161 + $110,546 $192,707 | $3,215 |
| 2009 | $81,741 + $109,981 $191,722 | $3,100 |
| 2009 | $81,547 + $109,720 $191,267 | $3,100 |
| 2008 | $80,139 + $107,825 $187,964 | $2,982 |
| 2007 | $78,568 + $105,711 $184,279 | $2,870 |
$1,179,995
TheMLSCLAW
Listing removed 2024-01-23
$0
TheMLSCLAW
Price Changed 2023-11-07
$1,180,000
TheMLSCLAW
Listed 2023-07-22
$1,199,000
TheMLSCLAW
Listing removed 2023-03-03
$1,000
CRMLS
Listing removed 2022-12-07
$1,000
CRMLS
Listing removed 2020-10-27
$0
CRMLS
Listed for rent 2020-08-27
$900
CRMLS
Listing removed 2020-07-27
$1,000
CRMLS
Listing removed 2019-10-03
$1,150
CRMLS
Listing removed 2019-08-25
$900
CRMLS
Listed for rent 2019-05-22
$900
CRMLS
Listing removed 2019-04-19
$1,150
CRMLS
Price Changed for rent 2019-03-24
$1,150
CRMLS
Listed for rent 2019-02-14
$1,200
CRMLS
Listing removed 2018-12-27
$900
CRMLS
Listing removed 2018-12-27
$925
CRMLS
Listing removed 2018-10-26
$850
CRMLS
Listing removed 2018-10-25
$850
CRMLS
Listing removed 2018-09-11
$900
CRMLS
Listed for rent 2018-09-09
$900
CRMLS
Listing removed 2018-08-18
$950
CRMLS
Listed for rent 2018-08-12
$850
CRMLS
Listed for rent 2018-08-12
$925
CRMLS
Listing removed 2017-11-21
$698,888
CRMLS
Price Changed 2017-10-10
$698,888
CRMLS
Listed 2017-09-28
$699,000
CRMLS
Listing removed 2009-03-07
$595,000
CRMLS
Listed 2008-08-18
$595,000
CRMLS
Sold 1976-03-11
$23,500
Public Record
Year Built: 1930
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 94
Year Built Source: Vendor Enhanced
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.