3856 City Terrace Drive

Los Angeles, CA 90063

$589,000
Price
2
Beds
1.5
Baths
1,777 Sq. Ft.
$331 / Sq. Ft.
1,777
Sq. Ft.
$331
per Sq. Ft.

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,...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. Please note there is some un-permitted alterations 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!
  1. Listed by Matthew Chang • DRE #01963056 • Brokerage DRE #01269474 • Keller Williams Realty Los Feliz
  2. Listed by Kyle Asai • DRE #02000770 • Brokerage DRE #01269474 • Keller Williams Realty Los Feliz

Property Details for 3856 City Terrace Drive

Zoning
LCC3*
Parcel Number
5228003025
Total Units
2.0
Living Area
1777
Source Living Area
Vendor Enhanced
Area
East LA
Vacancy Rate
100
Lot Size Area
2297
LISTING UPDATED: 11/19/2024 12:01 AM

Property Details for 3856 City Terrace Drive

StatusActive
MLS #24-462311
Days on Market54
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1939
Lot Size0.05 AC / 2,297 SF
CountyLos Angeles County

Building Information for 3856 City Terrace Drive

Stories2Residences-Year Built1939Building Size-Lot Size0.05 AC / 2,297 SF

Property Information for 3856 City Terrace Drive

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Resi / Com
Contract Info
Contract Info
  • Disclosures: Other
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0527
  • Lot Size Square Feet: 2297
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car
  • Total Parking: 1
  • Parking Features: Garage - Single Door
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Other
  • Equipment: Other
  • Common Walls: Attached
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-12-2024
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $25,418.00
  • Assessed Improvement Percent: 60.35
  • Assessed Land Value: $16,698.00
  • Assessed Land Percent: 39.65
  • Assessed Total Value: $42,116.00

Property History for 3856 City Terrace Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3856 City Terrace Drive

Taxable ValueLand$17,031Additions$25,926Total$42,957
Tax Record2024$2,128 ($177 / month)
Home Facts
Total Finished SqFt1,777 SqFtAbove Grade Finished SqFt1,777 SqFtStories1Lot Size2,297 SqFtStyleOffice BuildingYear Built1939ZoningLCC3*CountyLOS ANGELESAPN5228-003-025

Schools near 3856 City Terrace Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Robert F. Kennedy Elementary School
PublicK to 6

Animo Ellen Ochoa Charter Middle
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3856 City Terrace Drive is a multi-family home for sale in Los Angeles, CA 90063. This property was listed for sale on November 11, 2024 by Keller Williams Realty Los Feliz, it's currently listed at $589,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Robert F. Kennedy Elementary School, Animo Ellen Ochoa Charter Middle and Humanitas Academy Of Art And Technology At Esteban E. Torres High No. 4. 3856 City Terrace Drive is a 2-bed, 1.5-bath, 1,777 sqft multi-family home built in 1939.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Los Feliz, Matthew Chang, DRE #01963056; Keller Williams Realty Los Feliz, Kyle Asai, DRE #02000770

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.