$970,000
$1,020,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
5,240 Sqft Lot
SOLD DATE : 10/24/2024
Key Details
Sold Price $970,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW24137593
Sold Date 10/24/24
HOA Y/N No
Year Built 1939
Lot Size 5,240 Sqft
Property Description
Welcome to this lovely multi family residence property that has a freshly painted exterior and new roof. You’ll have your own private backyard and patio with plenty of room for BBQs and for kids & pets to run around. The backyard has adequate space to install a tiny house. The house has been renovated over the years to maintain the feel and look of this majestic development by Walter Leimert. This property has a spectacular view of the Monterrey Hills. The combination of unique houses and rolling topography give City Terrace a distinct charm within the landscape in Los Angeles. Nestled deep in its alleys and canyons are murals, sculptures, and charming houses with colorful gardens. This amazing multi family residence is a great opportunity for investors and first time buyers who want to live in one and collect rent for the second unit. According to most recent data, the average rent in the 90063 area is $2,799. This spectacular and beautiful property is located on one of the most desirable neighborhoods in Los Angeles with a centralized location to most cities such as Glendale, Pasadena, Alhambra, Downey, Whittier, LAX, and Burbank Airport.
The prime location of this property is adjacent to easy access to the 10 freeway putting you within minutes of Downtown, Art District, Dodger Stadium, USC and CSU-LA.
Schools near the property include City Terrace elementary school and Engineering and Technology Academy Esteban Torres highs School. Do not miss out of living in the most fascinating pockets in the geography of L.A.
Location
State CA
County Los Angeles
Area C23 - Metropolitan
Zoning LCR3*
Interior
Fireplace No
Laundry Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Suburban
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5228006001
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Tracy B Do • Coldwell Banker Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "