4225 City Terrace Dr, Los Angeles, CA 90063
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4225 City Terrace Dr Los Angeles, CA 90063

$550,000 Sold Price as of 09/10/2021
  • 3 Beds
  • 3 Baths
  • 2,200 Sq.Ft.
Sold
$550,000 Sold Price as of 09/10/2021 Refinance Your Mortgage

Map preview of 4225 City Terrace Dr, Los Angeles, CA 90063

Property Overview: 4225 City Terrace Dr Los Angeles, CA has 3 bedrooms, 3 bathrooms, 2,200 living square feet and 2,256 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to offer this 3-unit multifamily investment property located at 4225 City Terrace Dr., Los Angeles. The 2,256 square foot property consists of three 1 bedroom 1 bath units with 2 rear parking spaces. All units are occupied on a month to month tenancy. The exterior received a fresh coat of paint. Centrally located and within a few blocks from Cal State LA and the USC School of Medicine - Keck Hospital - LA C-USC Medical Center. Easy access to DTLA , Little Tokyo & the Metro Gold Line along with major highways 5/10/60/710 FWY.The apartments are separately metered for gas and electricity. ALL UNITS TO BE DELIVERED OCCUPIED.

Listed by Raymon Roberts | BRE #00551809 | Ray Roberts Realty
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 182

Home details

Lot Sq. Ft
2,256
HOA Dues
$0/mo
Year built
1949
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
RS20252253
City
Los Angeles
County
Los Angeles
Time on Site
1259 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $824
  • Total Rent: $824
  • Pro Forma/Market Rent: $824
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $824
  • Total Rent: $824
  • Pro Forma/Market Rent: $824
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $875
  • Total Rent: $875
  • Pro Forma/Market Rent: $875
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18.79
  • Gross Scheduled Income: $30,276
  • Net Operating Income: $10,596
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $10,597
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 4225 City Terrace Dr

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Tile
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Assigned, Private, Uncovered
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Appraiser
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 5226013003
  • Year Built Source: Appraiser
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Private, Public
  • Utilities: Electricity Available, Natural Gas Available, Water Available
Location / Neighborhood
Location Information
  • Directions: Off of N. Eastern Ave. and City Terrace Dr.
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 4225 City Terrace Dr

Last sold for $550,000 on September 10th, 2021
  • September, 2021

  • Sep 15, 2021

    Date

    Sold

    CRMLS: RS20252253

    $550,000

    Price

  • Aug 10, 2021

    Date

    Active Under Contract

    CRMLS: RS20252253

    $560,000

    Price

  • May 21, 2021

    Date

    Active

    CRMLS: RS20252253

    $560,000

    Price

  • May 18, 2021

    Date

    Price Change

    CRMLS: RS20252253

    $560,000

    Price

  • Mar 30, 2021

    Date

    Withdrawn

    CRMLS: RS20252253

    $567,000

    Price

  • Feb 25, 2021

    Date

    Price Change

    CRMLS: RS20252253

    $567,000

    Price

  • Jan 15, 2021

    Date

    Active

    CRMLS: RS20252253

    $569,000

    Price

  • Jan 11, 2021

    Date

    Active Under Contract

    CRMLS: RS20252253

    $569,000

    Price

  • Dec 12, 2020

    Date

    Active

    CRMLS: RS20252253

    $569,000

    Price

  • December, 2020

  • Dec 29, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 1995

  • Jun 13, 1995

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 4225 City Terrace Dr

Assessed Value (2020): $107,735
Year Land Value Improved Value Assessed Value
2020 $42,914 $64,821 $107,735

Home Value Compared to the Market

This property vs the competition

4225 City Terrace Dr sold on September 10, 2021 for 50.44% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $254.55 per/sqft which puts the price per square foot 66.24% lower than the current median sale per square foot for the city of Los Angeles.

About 4225 City Terrace Dr

Detailed summary of property

4225 City Terrace Dr is a multi family that recently sold in Los Angeles, CA 90063. This multi family property offered 3 bedrooms, 3 bathrooms, roughly 2,200 living square feet, and sits on an approximately 2,256 square foot lot. 4225 City Terrace Dr was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $550,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 50.44% lower than the current median priced home. Local homes that are currently for sale include 444 W Gage Ave, 936 E 91st St and 1351 W 39th St. While the average home in Los Angeles, CA is selling in 99 days, 4225 City Terrace Dr has a days on market of 182 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 4225 City Terrace Dr Los Angeles, CA 90063 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4225 City Terrace Dr

Public county record property details
Beds
3
Baths
3
Year built
1949
Sq. Ft.
1,976
Lot Size
2,256
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
244
APN
5226-013-003

The source for these homes facts are from public records.

90063 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$641
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$633
Total Inventory
41
Median Sale to List Price %
100.01%
Avg Days on Market
35
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.