new - 2 days on rocket

3856 City Terrace Dr, Los Angeles, CA, 90063

$589,000

Home List Price

$6,994*

Closing Credit

2 Bedrooms
1 Bath
1,777 SqFt
$331/SqFt
House

Location

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3856 City Terrace Dr, Los Angeles$589,000

Buyer Closing Credits

$6,994*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDoor-Single, Garage
Year Built1939
CoolingNone
MLS #24462311
Lot Size0.05 Acres
StatusActive

About 3856 City Terrace Dr

Welcome to 3856 City Terrace Dr., where potential and opportunity meet in a highly desirable location! This versatile mixed-use property offers an ideal setup with a spacious commercial unit on the ground floor, perfect for a coffee shop, bakery small business, retail space, or creative studio. Upstairs, you'll find a residential unit ready to be designed into a comfortable living area or an additional rental space, maximizing your investment potential. The property will be delivered fully vacant, giving you a clean slate to bring your vision to life. Please note there is some un-permitted alterations that needs attention, making this property a great fit for cash buyers who can see its long-term value and are ready to make it shine. Located in a vibrant area with steady foot traffic, this property is a rare find for those looking to create something unique and profitable. Ready to make 3856 City Terrace Dr. Your next big venture? Reach out today to explore this opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1939
  • Stories: 2
  • Living Area: 1,777 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Los Feliz
  • Office Phone: (323) 300-1000
  • Listing Agent: Matthew Chang

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Door-Single, Garage

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: I-10 Freeway and City Terrace Dr exit.

Price Information

Listing Price Info

Price Summary:

  • List Price: $589,000
  • Price Per SqFt: $331/SqFt

Tax Information:

  • Annual Amount: $2,035
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

3856 City Terrace Dr vs Los Angeles

2 DAYS ON ROCKET

-36 Days

$589,000

-$434.4K Less

$331/SqFt

-$310 Less

KEY TAKEAWAY

This property is $434.4K less than the Median Sold Price and $310/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24462311

Listing Office:

  • Office Name: Keller Williams Realty Los Feliz
  • Office Phone: (323) 300-1000
  • Listing Agent: Matthew Chang

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 6:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,035$40,482
2020$2,004$40,068
2019$1,948$39,283
2018$1,925$38,514
2017$1,925$37,760

History based on county public records data.

Payment Calculator

$3,007

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,832

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-293950
5
/10

  • Robert F. Kennedy Elementary

  • 4010 Ramboz Dr

  • 0.24 miles

  • Public District Grades KG-6

school-card-donut-293951
4
/10

  • Harrison Street Elementary

  • 3529 City Terrace Dr

  • 0.42 miles

  • Public District Grades KG-6

school-card-donut-293952
7
/10

  • City Terrace Elementary School

  • 4350 City Terrace Dr

  • 0.56 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,730. Residents of Los Angeles, CA typically earn between $35k-100k each year. The most common type of family is married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3856 City Terrace Dr

What is the listing price of this property?

The listing price of 3856 City Terrace Dr property is $589,000.

What type of property is this?

The property 3856 City Terrace Dr is a house located in Los Angeles, California, 90063.

Is this property for sale now?

Active Listing: 3856 City Terrace Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,035 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3856 City Terrace Dr has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 3856 City Terrace Dr is 1,777 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3856 City Terrace Dr is 1939.

Rocket Homes›California›Los Angeles County›Los Angeles›90063›3856 City Terrace Dr

This home is located at 3856 City Terrace Dr in Los Angeles, CA and zip code 90063 in the The Eastside neighborhood. This 1,777 square foot home, which was built in 1939, sits on a 0.05 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $589,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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