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Sold for $451,000
  • $451,000

    3856 City Terrace Dr, Los Angeles, CA 90063

    2beds
    3baths
    1,777sqft
    Multi Family
    Built in 1939
    -- sqft lot
    $690,000 Zestimate®
    $254/sqft
    $3,128 Estimated rent

    Home value

    $690,000

    $587,000 - $794,000

    $3,128/mo

    Zestimate® history
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    $2,864/mo

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    What's special

    Residential unitSpacious commercial unit
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Chang DRE # 01963056 949-232-5881,

    Keller Williams Realty Los Feliz 323-300-1000,

    Kyle Asai DRE # 02000770 310-994-0687,

    Keller Williams Realty Los Feliz

    Bought with:

    Subscriber Non, DRE # 13252

    Non-Participant Office

    Source: CLAW,MLS#: 25-488843MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    Heating
    • Other
    Cooling
    • None
    Interior area
    • Total structure area: 1,777
    • Total interior livable area: 1,777 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - 2 Car
    • Has garage: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 2,295 Square Feet
    Details
    • Additional structures: None
    • Parcel number: 5228003025
    • Zoning: LCC3*
    • Special conditions: Standard
    • Other equipment: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1939

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $254/sqft
    • Tax assessed value: $42,116
    • Annual tax amount: $2,301
    • Date on market: 1/24/2025

    Price history

    DateEventPrice
    3/4/2025Sold$451,000-9.8%$254/sqft
    Source: CLAW #25-488843 Report a problem
    2/24/2025Pending sale$500,000$281/sqft
    Source: CLAW #25-488843 Report a problem
    1/24/2025Listed for sale$500,000-15.1%$281/sqft
    Source: CLAW #25-488843 Report a problem
    1/24/2025Listing removed$589,000$331/sqft
    Source: CLAW #24-462311 Report a problem
    11/12/2024Listed for sale$589,000$331/sqft
    Source: CLAW #24-462311 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,301 +8.2%$43,815 +2%
    2024$2,128 +1%$42,957 +2%
    2023$2,107 +2%$42,116 +2%
    2022$2,066 +1.5%$41,291 +2%
    2021$2,035 +0.1%$40,482 +1%
    2020$2,033 $40,068 +2%
    2019$2,033 +4.3%$39,283 +2%
    2018$1,949 $38,514 +2%
    2017$1,949 +1.3%$37,760 +2%
    2016$1,925 +2.6%$37,021 +1.5%
    2015$1,876 $36,466
    Find assessor info on the county website

    Neighborhood: 90063

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $690,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $690,000