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4032 City Terrace Dr

Los Angeles, CA 90063
  • $699,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 25-481241
UPDATED: 64 min ago
$699,000
  • 4
    BEDS
  • 0.06
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,065
    SQFT
  • $338
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1939
County:
Area:

School Ratings & Info

Description

Huge investment opportunity in City Terrace! Fourplex with 1+1 units (per title), each approximately 500+/- sqft. Ideal for owner/users and investors! Situated on a 2,407 sqft corner lot and offers convenient location near CalState LA, 10 Freeway, and Metrolink transit center, just 10 minutes from downtown LA, Dodger Stadium, and top LA restaurants. This property is perfect for owner-occupants seeking to live in one unit and offset mortgage with rental income, or investors looking to maximize returns through rentals or value-add renovations, making this an attractive investment opportunity in the heart of LA. Property has existing code violations that a buyer will need to take on subject to and fix after close of escrow.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-02-09T09:42:36.247. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/159399619
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4032 City Terrace Dr Los Angeles, CA 90063

  • Price: $699,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 64 min ago
  • MLS #: 25-481241
4
Beds
4
Baths
0
½ Baths
0.06
Acres
2,065
SQFT
$338
$/SQFT
1939
Built
Neighborhood:
East La
County:
Los Angeles
Area:
East La
Property Description
Huge investment opportunity in City Terrace! Fourplex with 1+1 units (per title), each approximately 500+/- sqft. Ideal for owner/users and investors! Situated on a 2,407 sqft corner lot and offers convenient location near CalState LA, 10 Freeway, and Metrolink transit center, just 10 minutes from downtown LA, Dodger Stadium, and top LA restaurants. This property is perfect for owner-occupants seeking to live in one unit and offset mortgage with rental income, or investors looking to maximize returns through rentals or value-add renovations, making this an attractive investment opportunity in the heart of LA. Property has existing code violations that a buyer will need to take on subject to and fix after close of escrow.
Exterior Features

Levels Two Lot Description Walk StreetSidewalksFenced Lot Location Corner LotCity Lot Size Area 2407 Other Structures None Parking Garage UncoveredGatedOtherParking Space Patio Features Patio Open Paved YN Yes Pool Description None Pool YN No Spa None Spa YN No Total Parking 2 View Description Walk StreetCityCity Lights View YN Yes

Interior Features

Bathroom Features Tile Cooling Wall/WindowWall Unit(s) Equipment Range/Oven Fireplace Rooms None Flooring MixedLaminate Heating Other

Property Features

Alley YN Yes Assessed Total Value 472976 Disclosures As IsCourt Approval Required Gross Income 87936 Gross Operating Income 86177 Like Units1 4 Net Operating Income 66974.00 Number Of Buildings 2 Number Of Units 4 Property Condition Additions/Alter Sale Type Standard Security Features GatedWindow Bars Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 19204 Type Of Units 4 Year Built Source Vendor Enhanced Zoning LCC3YY

Listing provided courtesy of David Weinberger DRE#01349349 of Keller Williams Studio City: 818-432-1500.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-02-09T09:42:36.247. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The John Jay Group - Bennion Deville Homes
74996 Highway 111
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