View Photos

4361 City Terrace Dr Los Angeles, CA 90063

$680,000 Sold Price as of 04/21/2020

3 Beds
3 Baths
-- Sq.Ft.

Sold

$680,000 Sold Price as of 04/21/2020 Refinance Your Mortgage

Map preview of 4361 City Terrace Dr, Los Angeles, CA 90063

Property Overview: 4361 City Terrace Dr Los Angeles, CA has 3 bedrooms, 3 bathrooms, -- living square feet and 3,861 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Well maintained triplex in the heart of City View Terrace in East Los Angeles generating $45,200 in gross annual income. Minutes from Cal State L.A., BROKER'S OPEN ON SATURDAY 2/22/20. PLEASE CALL AGENT FOR DETAILS. DTLA, major freeways and public transport. Units include a 2 bd/1 ba, 1 bd/1 ba and a studio. Monthly rent collected is $3768. Spanish triplex has views of the hillside from the upper unit and is located across from City Terrace Elementary School. Each unit has its own garage parking space. Common patio space serves as an amenity for all units and undeveloped land sits just above the units for owner imagination. Great unit for owner occupancy. Live in one and rent the others. Property is under County rent control; buyer or buyer's agent to conduct all due diligence. Do not disturb tenants.

Listed by Amalia Ochoa | BRE #01933675 | The Proud Crowd Inc.
Co-listed by Michael Fucci | BRE #01886363 | The Proud Crowd Inc.

Last checked: 40 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 36

Home details

Lot Sq. Ft: 3,861
HOA Dues: $0/mo
Year built: 1924
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 20545954
City: Los Angeles
County: Los Angeles
Time on Site: 1272 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 3
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,450
Total Rent: $1,450
Pro Forma/Market Rent: $2,000

Unit Breakdown 2

# of Units: 1
# of Beds: 0
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,200
Total Rent: $1,200
Pro Forma/Market Rent: $1,200

Unit Breakdown 3

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,118
Total Rent: $1,118
Pro Forma/Market Rent: $1,400

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 15.45
Gross Scheduled Income: --
Net Operating Income: $25,960
Gross Operating Income: $45,216

Annual Expense Breakdown

Total Operating Expense: --
New Taxes: $2,315
Insurance: $1,858
Water/Sewer: $1,046

Property Details for 4361 City Terrace Dr

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Garage - Three Door

Property Information

Total # of Units: 3
Parcel Number: 5225010011

Location / Neighborhood

Location Information

Directions: See Google maps.

View more facts & features

Local Los Angeles Agent

Sale History for 4361 City Terrace Dr

Last sold for $680,000 on April 21st, 2020

April, 2020
Apr 22, 2020

Date

Sold

CRMLS: 20545954

$680,000

Price
Mar 31, 2020

Date

Active Under Contract

CRMLS: 20545954

$699,000

Price
Mar 3, 2020

Date

Pending

CRMLS: 20545954

$699,000

Price
Feb 27, 2020

Date

Active Under Contract

CRMLS: 20545954

$699,000

Price
Jan 21, 2020

Date

Active

CRMLS: 20545954

$699,000

Price
April, 2020
Apr 21, 2020

Date

Sold (Public Records)

Public Records

$680,000

Price
April, 2012
Apr 18, 2012

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 4361 City Terrace Dr

Assessed Value (2020): $275,634

Year	Land Value	Improved Value	Assessed Value
2020	$229,698	$45,936	$275,634

Home Value Compared to the Market

This property vs the competition

4361 City Terrace Dr sold on April 21, 2020 for 45.13% lower than the current median sold price for the city of Los Angeles which is $1,274,000.

About 4361 City Terrace Dr

Detailed summary of property

4361 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 -- living square feet, and sits on an approximately 3,861 square foot lot. 4361 City Terrace Dr was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $680,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 45.13% lower than the current median priced home. Local homes that are currently for sale include 2043-2045 City View Ave, 509 Camulos St and 1117 Amalia Ave. While the average home in Los Angeles, CA is selling in 102 days, 4361 City Terrace Dr has a days on market of 36 days. There are currently 3917 homes for sale in the Los Angeles real estate market and 2621 of them are single family homes while 1181 of them are condos and 107 are townhomes. For more information on this home for sale at 4361 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 4361 City Terrace Dr

Public county record property details

Beds: 3
Baths: 3
Year built: 1924
Sq. Ft.: 1,815
Lot Size: 3,868
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 52
APN: 5225-010-011

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

$640,000

Median List Price/Sq.Ft.

$640

Median Sold Price

$700,000

Median Sold Price/Sq.Ft.

$633

Total Inventory

Median Sale to List Price %

100.01%

Avg Days on Market

Loan Type

Conventional (42.86%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Homes for Sale Near 4361 City Terrace Dr

Nearby Homes for Sale

4032 City Terrace Dr, Los Angeles, CA 90063

Recently Sold Homes Near 4361 City Terrace Dr

$1,055,000 Last Sold Price

6 Beds

4 Baths

2240 Sq.Ft.

1520 Helen
Los Angeles, CA 90063

$655,000 Last Sold Price

4 Beds

3 Baths

1382 Sq.Ft.

4409 Comly St
Los Angeles, CA 90063

$725,000 Last Sold Price

7 Beds

5 Baths

1664 Sq.Ft.

1556 Helen Dr
Los Angeles, CA 90063

1511 N Eastern Ave, Los Angeles, CA 90063

$815,000 Last Sold Price

8 Beds

4 Baths

2870 Sq.Ft.

1511 N Eastern Ave
Los Angeles, CA 90063

Related Resources to 4361 City Terrace Dr

New Listings in 90063

Popular Zip Codes

Popular Cities

Other Los Angeles Resources

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.