$ 1,050,000
-
$1,050,000
Price -
5
Bed -
3
Bath -
2,150
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing PF5630m - Pf24801m
4419-23 City Terrace Drive is a unique opportunity to acquire a duplex plus a contiguous parcel of land together for sale in the City Terrace neighborhood (90063 zip code) of unincorporated Los Angeles County. It is well located on a spacious street in the hills of City Terrace. It is strategically located with convenient access to the 10 and 710 freeways. This is the first time the property is being offered for sale in over four decades. The duplex comprises a 3Bdr 2Bath unit downstairs and a 2Bdr 1Bath unit upstairs. The 3Bdr 2Bath unit downstairs is currently vacant. It has direct access to its 2-car garage, washer and dryer hookups, and patio. The 2Bdr 1Bath unit upstairs has its own balcony. It has indirect access to its 1-car garage. Both units have access to an expansive backyard with fruit trees. There is a total of 3 garage parking spaces, which is rare for similar sales comparables in this submarket. The duplex has an estimated building square footage of 2,150 SF. It sits on a parcel of approximately 5,445 SF. The units are individually metered for gas & electricity, which the tenants pay. Landlord pays water and trash. The property is subject to unincorporated Los Angeles County Rent Stabilization and Tenant Protections Ordinance (RSTPO). Buyer to verify. The property is being sold together with a contiguous parcel of land (separate APN), which totals an estimated 5,449 SF. This offers a prospective Buyer with an excellent redevelopment or ADU opportunity. The current ownership notes that the duplex property may encroach onto the parcel of land by roughly one foot. A new water heater was installed in the upstairs unit in 2020 and a garage door opener for the double garage door in 2022. Although there have not been major recent capital improvements to the roof, electrical, or plumbing, the site is well maintained. 4419-23 City Terrace Drive is ideal for a Buyer seeking strong in-place rental income, value-add or owner-occupied potential via the vacant unit, and possible redevelopment potential with the contiguous vacant lot.
Listing Highlights for 4419 City Terrace Dr
Status
Pending
Days on Site
30
Property Type
Multi-Family
MLS ®
PF25225260
Year Built
1969
Total Square Footage
2,150
Lot/Acreage
0.25
County
Los Angeles
Area
CTER - City Terrace
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 2-5 Units/Acre,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 2
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5225009025
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
4419 City Terrace Dr City Terrace, CA 90063
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
