$1,105,000
SOLD OCT 18, 2024

3538 City Terrace Dr Los Angeles, CA 90063

4 Beds
4 Baths
2,784 Sq Ft
5,452 Sq Ft Lot

Recently Sold

$397 Per Sq Ft

6% Below List Price

26 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Neighborhood Views
  • Wrought Iron Fence
  • Abraham Lincoln High School Rated A
  • Laundry Room
  • Wall Furnace

About This Home

As of October 2024

LOCATION,LOCATION..GREAT INVESTMENT OPPORTUNITY...BEAUTIFUL DUPLEX,LOCATED IN A GREAT AREA OF EAST LOS ANGELES,2784 SF OF LIVING SPACE AREA..THIS VERY SPACIOUS DUPLEX FEATURES 2 SPACIOUS BEDROOMS AND 2 BATHROOMS EACH, DEEP LOT,LONG DRIVEWAY,3 ONE CAR GARAGES,PLUS PLENTY OF PARKING SPACE.THIS PROPERTY HAS LOTS OF POTENTIAL.IT WILL NO LAST.

Last Agent to Sell the Property

Jesse Barocio

Century 21 Realty Masters Brokerage Phone: 323.244.3562 License #00975018 Listed on: 08/21/2024

Century 21 Realty Masters

Last Buyer's Agent

Isabel Vasquez

Big Block Powerhouse Realty License #01240004

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,200

Year Built

  • Built in 1930

Lot Details

  • 5,452 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • 4 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,784 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 9 / 2
  • Tax Tract Number 592
  • Assessor Parcel Number 5228017009
  • $1,232 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,200

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 589998
  • Property Attached: No
  • View: Yes
  • Zoning: LCC2*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5228017009
  • Year Built: 1930
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 396.91
  • Room Type: All Bedrooms Down, All Bedrooms Up

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5452.00
  • Lot Size Acres: 0.1252

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 5452.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 5308.01
  • Tax Lot: 9
  • Tax Tract Number: 592
  • TaxOtherAnnualAssessmentAmount: 1232.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Sep 16, 2024
Sold by
Lagmay Marilyn Go
Bought by
Vasquez Martin
Seller's Agent
Jesse Barocio
Century 21 Realty Masters
Buyer's Agent
Isabel Vasquez
Big Block Powerhouse Realty
List Price
$1,179,995
Sold Price
$1,105,000
Premium/Discount to List
-$74,995
-6.36%
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
Original Mortgage
$884,000
Outstanding Balance
$875,574
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$284,683
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,105,000 Wfg National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $884,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Pending -- -- --
03/13/2025 03/13/25 Price Changed $1,195,000 -4.4% $429 / Sq Ft
01/17/2025 01/17/25 For Sale $1,250,000 +13.1% $449 / Sq Ft
10/18/2024 10/18/24 Sold $1,105,000 -6.4% $397 / Sq Ft
08/21/2024 08/21/24 For Sale $1,179,995 0.0% $424 / Sq Ft
04/05/2021 04/05/21 Rented $1,000 0.0% --
03/26/2021 03/26/21 Under Contract -- -- --
02/27/2021 02/27/21 For Rent $1,000 0.0% --
12/08/2020 12/08/20 Rented $1,000 0.0% --
11/27/2020 11/27/20 Under Contract -- -- --
11/13/2020 11/13/20 For Rent $1,000 0.0% --
03/10/2020 03/10/20 Rented $1,000 -16.7% --
03/09/2020 03/09/20 Under Contract -- -- --
10/29/2019 10/29/19 For Rent $1,200 +33.3% --
08/25/2019 08/25/19 Rented $900 0.0% --
08/23/2019 08/23/19 Under Contract -- -- --
05/22/2019 05/22/19 For Rent $900 -21.7% --
04/19/2019 04/19/19 Rented $1,150 0.0% --
03/24/2019 03/24/19 Price Changed $1,150 -4.2% $0 / Sq Ft
02/14/2019 02/14/19 For Rent $1,200 +41.2% --
10/25/2018 10/25/18 Rented $850 -5.6% --
09/11/2018 09/11/18 Rented $900 0.0% --
09/09/2018 09/09/18 For Rent $900 +5.9% --
08/12/2018 08/12/18 For Rent $850 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,200 $1,105,000 $500,000 $605,000
2024 $4,200 $242,039 $138,846 $103,193
2023 $3,967 $237,294 $136,124 $101,170
2022 $3,810 $232,642 $133,455 $99,187
2021 $3,754 $228,082 $130,839 $97,243
2019 $3,653 $221,318 $126,959 $94,359
2018 $3,521 $216,979 $124,470 $92,509
2016 $3,356 $208,556 $119,638 $88,918
2015 $3,309 $205,424 $117,841 $87,583
2014 $3,313 $201,401 $115,533 $85,868
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24172837

California Regional Multiple Listing Service (CRMLS)

APN: 5228-017-009