3538 City Terrace Dr, Los Angeles, CA 90063
FOR SALE

3538 City Terrace Dr
Los Angeles, CA 90063

  • 4 Beds
  • 3 Baths
  • 2,784 sqft
  • 4 Beds
  • 3 Baths
  • 2,784 sqft

$1,179,995

Est. Mortgage $7,535/mo*
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Local Information

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Description

Presenting a charming duplex located on 3538 City Terrace Dr, this property is ready to take your real estate portfolio to new heights. This property is a rare find, featuring two units, each with its own distinct charm and privacy. Live in one unit while renting out the other to generate passive income, or rent out both units for an excellent cash flow. Whether you're an investor looking to expand or a savvy buyer seeking potential, this C2-zoned duplex offers a myriad of possibilities that will surely capture your imagination. This property presents countless development possibilities. The C2 zoning designation allows for a diverse range of opportunities. Whether you envision creating office spaces, opening retail stores, starting a restaurant, establishing a hotel or motel, even setting up medical facilities, or consider adding an Additional Dwelling Unit (ADU) to increase rental income, this property's zoning makes it possible. Nestled in a vibrant neighborhood of Los Angeles, this duplex is conveniently situated near schools, parks, shops, and dining, making it an attractive choice for potential tenants or residents. Los Angeles has a robust rental market, and this duplex offers the chance to tap into the high demand for rental properties in the area. Don't miss out on this golden opportunity to own a versatile property that promises a remarkable return on investment. Whether you're a seasoned investor or a first-time buyer, 3538 City Terrace Dr invites you to capitalize on its incredible potential and make your mark on Los Angeles real estate. Contact us today to schedule a private showing and explore the endless possibilities this duplex holds. Don't wait; seize the opportunity to secure a prime investment property in one of LA's most dynamic locations. Act fast, as this gem won't stay on the market for long!

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$424
Listed
96 days ago

Home Details for 3538 City Terrace Dr

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3
Dimensions and Layout
Living Area: 2784 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Refrigerator, Disposal, Range/Oven, Washer, DryerDishwasherDisposalDryerRefrigeratorWasher
Heating & Cooling
Heating: WallHas CoolingAir Conditioning: Wall Unit(s)Has HeatingHeating Fuel: Wall
Levels, Entrance, & Accessibility
Levels: Two

Exterior Features

Exterior Home Features
Other Structures: None
Parking & Garage
Number of Covered Spaces: 3Open Parking Spaces: 4No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 7Parking: Detached,Direct Access,Private,Garage - 3 Car,Garage Is Detached

Days on Market

Days on Market: 96

Property Information

Year Built
Year Built: 1930
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family

Price & Status

Price
List Price: $1,179,995Price Per Sqft: $424

Active Status

MLS Status: Active

Location

Direction & Address
City: Los Angeles

Agent Information

Listing Agent
Listing ID: 24-350653

Building

Building Area
Building Area: 2784 Square Feet

Lot Information

Lot Area: 5449.356 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2.25Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 24-350653
Last check for updates: 1 day ago
Listing courtesy of Shavarsh Alajajyan DRE # 01490112, (818) 355-2827
Equity Union, (818) 989-2000
Source: CLAW, MLS#24-350653

Price History for 3538 City Terrace Dr

DatePriceEventSource
01/23/2024$1,179,995Listed For SaleCLAW #24-350653
01/22/2024ListingRemovedCLAW #23-293313
11/07/2023$1,180,000PriceChange
CLAW #23-293313
07/22/2023$1,199,000Listed For SaleCLAW #23-293313
11/20/2017$698,888ListingRemovedAgent Provided
10/23/2017$698,888PendingAgent Provided
10/10/2017$698,888PriceChange
Agent Provided
09/29/2017$699,000Listed For SaleAgent Provided
05/27/1988$129,001Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$3,967
Assessment$237,294
Home facts updated by county records

Comparable Sales for 3538 City Terrace Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3109 Winter St, Los Angeles, CA
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4
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3418 Whiteside St, Los Angeles, CA
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1,814
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1,818
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$710,000
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$800,000
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3,092
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$950,000
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3
1,702
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1,368
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2
990
2621 Chelsea St, Los Angeles, CA
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$550,000
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3
2,170

What Locals Say about Los Angeles

  • 79vb8t6r6c
    "Limited sidewalks and street lighting at night. I rarely walk or stroll around in the area and drive everywhere. A few restaurants and a coffee shop is walkable, about 15 minutes on near Wilshire."
    0
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  • Neighbor not friend
    "Car traffic due to alt freeway entrances has become dangerous for walking or biking. Some vandalism exists. "
    1
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  • Greg Klein
    "I grew up here, and it feels very much like home. The traffic is minimal, there’s both high and lower end shops, and it’s incredibly safe and quiet."
    0
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  • BZ
    "Venice is unique and eclectic with wonderful restaurants and a fun nightlife. It’s a great place for young people. "
    1
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  • Adam Harman
    "Very walkable streets and high dog population neighborhood. Lots of people out walking in the evenings on a nice day, many with baby strollers, dogs or both."
    0
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  • Adam Harman
    "We moved to this neighborhood as a predominate work-from-home location. It’s a good community with lots of lot space where even in heavy commuter traffic you can get to the west side in ~45 mins. This feels especially satisfying compared to further out communities that people go for similar space but require 1-1.5 hour commutes each way."
    0
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  • Adam Harman
    "Neighborhood has yearly events, such as a holiday get together and the area draws a lot of people for Halloween festivities. There’s a number of young families that have come into the area in the past couple years and there’s good above average interaction and playtime amongst them, compared to other areas of Los Angeles from experience."
    0
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  • Trulia User
    "I mostly commute by car or bicycle. There are glstretts with sidewalks and many trees, quite area to walk with dogs. Also, Lake Balboa and VNSO within 10min drive. I like Sherman Oaks "
    0
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  • Amolina23
    "Don’t have kids here, it is not a safe place but there is a lot of culture #Respect you gotta hustle to be here fr "
    3
    Flag
  • John
    "A few good parks for dogs at the periphery of the neighborhood, many dog lovers. However sidewalks disappear at critical moments making walking with a dog treacherous and there's some big dog phobia here (same as many parts of LA) "
    0
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  • Trulia User
    "I work in the area it seems pretty safe at night but still there are some seedy characters. But not harmful. I feel safe going to my car and work "
    1
    Flag
  • Trulia User
    "I’m not a parent. But there are A lot of families in the area. Very walkable but pricey. Good schools I think. "
    0
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  • 7r6vvrxtc2
    "Bums everywhere, screaming….lots of oglers when walking down the street….crowded, no playgrounds . Good for visit, not for living. "
    2
    Flag
  • Natalia Modenova
    "It’s clean and safe it’s very good for kids of all ages really that’s it that I have to say - well my friends raise kids here "
    0
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  • rnewcomb33
    "Nobody knows anyone Some neighborhoods are brotherly and others are distant and less interactive. Knownmsayin? "
    0
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  • Chalit V
    "Great convenient safe area next to everything. Beach. Shopping. Downtown. Long Beach. OC. Restaurants. "
    0
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  • Pxleclipse
    "There are cool art-related events at Giant Robot. B Sweet has a live band on certain nights of the week."
    1
    Flag
  • Trulia User
    "I wouldn’t raise a child here. Look further out. There are nice apartments, sure, but the environment alone isn’t great for walks or going out with kids. "
    0
    Flag
  • Hannah Gutierrez
    "Residents are very supportive of schools in the neighborhoods when it comes to fundraising, food insecurity, parades, etc"
    0
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  • Blondecowboyinla
    "We have friendly neighbors who know each other, interact, talk and invite neighbors over for events and get togethers."
    0
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  • Sugar1975
    "Friendliest families that have lived on Lemon Grove and Hobart for over 15 years. Lemon Grove Park and Melrose Hills make for a nice late afternoon walk with our two toddlers. "
    0
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  • Fzjjg6m8hq
    "Not good place for dogs traffic is too out of control people drive super fast run stop signs not a nice area neighbor wise "
    0
    Flag
  • Trulia User
    "I am very close to the expo line down town to Santa Monica and everything in between very easy and convenient to get to with a short walk "
    0
    Flag
  • Gwendolyn Anthony
    "Not available bad this scares is not safe for the disable. B very careful. Senior citizen beware. Safety is a issues"
    2
    Flag
  • Lucy Ceja
    "Dogs that are kept inside are too loud and some dogs even can jump the fence. Lots of dogs also leave outside no owner no leashed not dangerous dogs "
    1
    Flag
  • Evelin
    "There’s regular traffic, and there’s some good areas and some bad areas people usually commute by car "
    0
    Flag
  • Charles CJ Ramsey III
    "It’s definitely a lot more peaceful than the inner city. It’s a quiet area with a lot of hard working families. "
    1
    Flag
  • Santiago Juyo
    "Food and trash on the ground can be dangerous so annoying to deal with here in Venice. Lots of green areas "
    1
    Flag
  • Aldric G.
    "Dog owners would like walking their dogs around the neighborhood as the blocks are big enough for good walking distances and there is a park nearby for dogs to run around and play."
    0
    Flag
  • Djgmyzwdkp
    "Great place to raise kids, close to parks, music centers, and children’s private classes , water wings, gymnasium etc."
    0
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  • Gsauce2327
    "I live on Altura Ave and my neighbors are some of the best people I know. My neighbors older son goes to the same school as my oldest and he drives him to school. In the summer months our neighbor lets my kids use his pool to cool off."
    1
    Flag
  • Balaji.swami
    "Many events, elks lodge, Halloween and other partners year around. Neighbors grow their own food and plant trees"
    2
    Flag
  • M9dwwn7679
    "Lots of dog walkers about, active community, especially in the mornings and evenings. Some small dog parks are around. "
    1
    Flag
  • Logan Martin
    "Daily driver, apartment complex gated. Double gates. Left right left right straight for a while then over the hill. "
    0
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  • Hv24c2h8yj
    "Everyone want keeps to themselves. It's pretty quit. The downside is there aren't too many healthy food options and areas to work out."
    3
    Flag
  • Paul N Caporaso
    "Diversity and architecture are both very important aspects of the neighborhood. There are great small businesses as well, especially along Pico. Needs safer streets though as cars speed all the time and the area is pinch point for several main boulevards. "
    2
    Flag
  • Jasmine.rubin93
    "Very cultural and pretty views Great community nice neighbors Feels like you live in a small town inside the city "
    0
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  • elianna arvizu
    "I lived in this neighborhood for over a year. The weekends are loud you can hear music being played from houses down the street. Not walkable at all. Huge dogs everywhere and doesn’t feel the safest. Pretty dirty and unmaintained. Closest grocery store is a food for less which is dirty and not where I would want to buy my groceries."
    14
    Flag
  • Wesley S
    "No good for living in this place, a lot homeless, streets dirty, not safely for your family or friends"
    0
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  • Meagan8819
    "It is pretty scary here. As soon as we can come up we are out of this place. Going north or somewhere we do these gunshots every night. "
    5
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LGBTQ Local Legal Protections

Shavarsh Alajajyan, Equity Union
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
3538 City Terrace Dr, Los Angeles, CA 90063 is a 4 bedroom, 3 bathroom, 2,784 sqft multi-family built in 1930. This property is currently available for sale and was listed by CLAW on Jan 23, 2024. The MLS # for this home is MLS# 24-350653.