$513,000
$640,000
19.8%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,000 SqFt
SOLD DATE : 07/23/2024
Key Details
Sold Price $513,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,000 sqft
Price per Sqft $513
MLS Listing ID OC24104400
Sold Date 07/23/24
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1918
Lot Size 4,734 Sqft
Property Description
This home in the heart of City of Terrace offers a rare chance for investors or homebuyers to craft their dream residence in a Los Angeles neighborhood. The main house features 2 bedrooms and 1 bathroom, complemented by a refinished 1-bedroom, 1-bathroom apartment basement with a separate private entrance. With it's first-time listing on the market in 39 years, this charming property presents a unique opportunity. Located in City Terrace—an unincorporated area of LA County—there is no rent control in this neighborhood! Boasting LCR3 zoning, the property opens up a myriad of possibilities for development and expansion. Plus, enjoy alley access at the back of the house and city views from the patio. With some TLC and upgrades, this house has it all. Don't miss out on this versatile gem!
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LCR3*
Rooms
Main Level Bedrooms 2
Interior
Interior Features Balcony
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup, Outside
Exterior
Parking Features Driveway Down Slope From Street, Driveway
Pool None
Community Features Street Lights, Sidewalks
View Y/N Yes
View City Lights
Private Pool No
Building
Lot Description 0-1 Unit/Acre, 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5224014007
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Freddie Mac, USDA Loan, VA Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Freddie Mac, USDA Loan, VA Loan
Financing Cash
Special Listing Condition Standard
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Bought with Alicia Moncada • Alta Realty Group CA, Inc