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$ 1,050,000
Est. payment | /mo
5 Beds
0.25 Acres Lot
$ 1,050,000
Est. payment | /mo
5 Beds
0.25 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PF25225260
Bedrooms 5
Lot Size 0.250 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
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 foo
Location
State CA
County Los Angeles
Zoning Assessor
Direction From 10W exit 710N/Eastern Ave S, take Ramona Blvd and Eastern Ave to City Terrace Dr.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Tax ID 5225009025
Listed by Andy Chan San Diego
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Coronado Premier Properties
Broker Associate | Lic# 01976606