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Key Details
Sold Price $970,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW24137593
Sold Date 10/24/24
Bedrooms 5
HOA Y/N No
Lot Size 5,242 Sqft
Property Description
Welcome to this lovely multi family residence property that has a freshly painted exterior and new roof. Youll 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.
Welcome to this lovely multi family residence property that has a freshly painted exterior and new roof. Youll 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 Los Angeles (90063)
Zoning Public Rec
Building
Story 2
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $93
Acceptable Financing Cash, Conventional, FHA, VA
Space Rent $2,475
Listing Terms Cash, Conventional, FHA, VA
Financing Conventional
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Bought with NON LISTED AGENT • San Diego
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