Los Angeles, CA 90063 3538 City Terrace Drive

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Presented By: Shavarsh Alajajyan with Equity Union;
  • MLS# 24350653
  • 01/22/2024
  • Request Tour
  • Request Info
  • BedBeds • 4
  • BathBaths • 3
  • FootageSQFT • 2,784
  • GarageGarage • 1

Home Details

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!
Presented By: Shavarsh Alajajyan with Equity Union;

Interior Features for 3538 City Terrace Drive

Bedrooms

Total Bedrooms4

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths3

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Street SuffixDrive
Total Stories

General for 3538 City Terrace Drive

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Refrigerator, Dryer, Washer
Attached Garage No
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
Days on Market14
DirectionsSee Google Maps
Garage Y/NYes
Gross Income69600.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet5452.0
MLS AreaELA - East Los Angeles
MobileHomeRemainsYNNo
Net Operating Income61200.0
New ConstructionNo
Occupancy TypeTenant
Open Parking Spaces4.0
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameCity Terrace
Total Units2
View Y/NNo
Waterfront Y/NNo
Year Built1930
ZoningLCC2*

Exterior for 3538 City Terrace Drive

Building Area Total2784.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1252
Lot Size Area5452.0
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesDoorMulti, DirectAccess, Garage, Private
SpaNo
Total Parking7.0

Additional Details

Price History

1527188455

First Team Client Services

Price $1,179,995
MLS#24350653
List Date 01/22/2024
Property Type Multi-Family
Phone 714.964.3311
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