Los Angeles, CA 90063,3856 City Terrace DR

$451,000

$500,000

9.8%
Est.Price: ?

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Est. payment /mo

2 Beds

2 Baths

1,777 SqFt


SOLD DATE : 03/04/2025

Key Details

Sold Price $451,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,777 sqft

Price per Sqft $253

MLS Listing ID 25488843

Sold Date 03/04/25

Bedrooms 2

HOA Y/N No

Year Built 1939

Lot Size 2,295 Sqft

Property Description

Welcome to 3856 City Terrace Dr., where potential and opportunity meet in a highly desirable location! This versatile mixed-use property offers an ideal setup with a spacious commercial unit on the ground floor, perfect for a coffee shop, bakery small business, retail space, or creative studio. Upstairs, you'll find a residential unit ready to be designed into a comfortable living area or an additional rental space, maximizing your investment potential. The property will be delivered fully vacant, giving you a clean slate to bring your vision to life. With three separate gas and electric meters, the setup is ideal for those looking to maximize rental income or operate a business while maintaining separate utilities. Please note there is some un-permitted alterations to the garage that needs attention, making this property a great fit for cash buyers who can see its long-term value and are ready to make it shine. Located in a vibrant area with steady foot traffic, this property is a rare find for those looking to create something unique and profitable. Ready to make 3856 City Terrace Dr. Your next big venture? Reach out today to explore this opportunity!

Location

State CA

County Los Angeles

Area Ela - East Los Angeles

Zoning LCC3*

Interior

Cooling None

Fireplace No

Exterior

Parking Features Door-Multi, Garage

Total Parking Spaces 2

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5228003025

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Matthew Chang • Keller Williams Realty Los Feliz
Bought with Subscriber Non • Non-Participant Office
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