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3926 City Terrace Drive, Los Angeles, CA 90063

8 Bed, 3 Bath Multi-Family Home For Sale

3926 City Terrace Drive, Los Angeles, CA 90063 House For Sale - MLS #16138904
Off the Market
$650,000
8
3
Multi-Family
4 Family
This listing is courtesy of Estiven Orozco Torres from Keller Williams Realty Downtown LA.

Property Description for 3926 City Terrace Drive, Los Angeles, CA 90063

Non rent control, Mixed use with wide range of uses including Restaurants, Retail Space, Day care, Clinic, or Mixed use Development, on LCC3 Zonning with 5,000 Sqft lot. Adjacent 2,500 Sqft empty parking lot available for sale APN# 5228-004-007 Site address 3924 City Terrace Dr. Subject Property is located on the main commercial corridor of East Los Angeles' fastest appreciating neighborhoods. There is currently two Commercial fronts that can be combined to create one large commercial space. Property offers high visibility when exiting the 10 East Freeway off of City Terrace Dr or when accessing City Terrace Dr for any commute in or out of the area and there's always an abundance of Street Parking. Residential Income Property on the rear with a Two bedroom one Bath on top and a one Bedroom one bath on the bottom. Additional Six Bedroom residence build out behind retail spaces. Can be accessed through Service Street on the rear. This is an 8% CAP rate property with huge upside potential

Interior Details

4,231 sq. ft.
$153.63/sq. ft.
Other

Exterior Details

0.12 acres
5,091 sq. ft.
6

Other Details

16138904
1948

Units Description

Unit #1
Rent: $850     

Unit #3
Bedrooms: 6      Full / Half Baths: 2      Rent: $450     

Unit #4
Bedrooms: 2      Full / Half Baths: 1      Rent: $1,100     

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