4032 City Terrace Drive

Los Angeles, CA 90063

$699,000

List Price

4

bed Beds

4

shower Baths

2,065 sqft

straighten / sqft

1939

calendar_month Built

Property Description

Huge investment opportunity in City Terrace! Fourplex with 1+1 units (per title), each approximately 500+/- sqft. Ideal for owner/users and investors! Situated on a 2,407 sqft corner lot and offers convenient location near CalState LA, 10 Freeway, and Metrolink transit center, just 10 minutes from downtown LA, Dodger Stadium, and top LA restaurants. This property is perfect for owner-occupants seeking to live in one unit and offset mortgage with rental income, or investors looking to maximize returns through rentals or value-add renovations, making this an attractive investment opportunity in the heart of LA. Property has existing code violations that a buyer will need to take on subject to and fix after close of escrow.

Listing Information

List Price $699,000
Status Active
MLS 25481241
Type Residential Income
Year Built 1939
Lot Size 2,407
Structure Size 2,065
DOM 1
Courtesy Of Keller Williams Studio City
Listing Agent David Weinberger DRE#01349349
Co-Listing Agent Megan Husri DRE#02089901

Interior Features

Total Bedroom
Bedrooms 4
Bathroom Information
Features Tile Counters
Total Bathroom
Bathrooms 4
Flooring Information
Material Laminate
Fireplace Information
Features None
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Other Structures
Features Open, Patio
View Yes

Maps

Listing information courtesy of: David Weinberger, Megan Husri, Keller Williams Studio City 818-970-0915. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 14th, 2025 at 1:44 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.