$451,000
$500,000
9.8%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2.5 Baths
1,777 SqFt
SOLD DATE : 03/04/2025
Key Details
Sold Price $451,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,777 sqft
Price per Sqft $253
MLS Listing ID 25-488843
Sold Date 03/04/25
Bedrooms 2
Year Built 1939
Lot Size 2,297 Sqft
Acres 0.0527
Property Sub-Type Multi-Family
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 East La
Zoning LCC3*
Rooms
Other Rooms None
Interior
Heating Other
Cooling None
Equipment Other
Exterior
Parking Features Garage - 2 Car
Garage Spaces 2.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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Bought with Non-Participant Office