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3361 City Terrace Drive, City Terrace, California 90063, City Terrace, 90063 - 4 bed, 2 bath

3361 City Terrace Drive, City Terrace, California 90063 home-pic-0
ACTIVE$899,000
3361 City Terrace Drive, City Terrace, California 90063
4Beds
2Baths
1,410Sqft
3,922Lot
Year Built
1933
Close
-
List price
$899K
Original List price
$899K
Price/Sqft
$638
HOA
-
Days on market
-
Sold On
-
MLS number
DW25127813
Home ConditionExcellent
Features
Good View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $899.0K(80th), sqft - 1410(28th), beds - 4(80th), baths - 2(76th).

Welcome to 3361 City Terrace Dr – A Unique Duplex in the Heart of City Terrace a Unincorporated community nestled in East Los Angeles! This charming Spanish duplex offers a perfect mix of character, modern updates, and unbeatable location. Situated between Boyle Heights, ELA, El Sereno, and Monterey Park, it’s just minutes from shops, restaurants, and major freeways (60, 5, 10, & 710). Nestled in a vibrant and accessible neighborhood with a Walk Score® of 74, this beautifully updated duplex offers a rare combination of charm, versatility, and proven income potential. Previously generating $50K annually on Airbnb from just the front unit, this property presents an outstanding investment opportunity—ideal for both short-term and long-term rental strategies, or the perfect setup to live in one unit while renting out the other. Front Unit – 3 Bed / 1 Bath: Thoughtfully renovated with modern white shaker cabinets, sleek glass subway tile backsplash, warm laminate wood flooring, recessed lighting, and stylish new fixtures. The front bedroom offers stunning city views, while the rear bedroom has its own private entrance, enhancing privacy and flexibility. Rear Unit – 1 Bed / 1 Bath: A cozy and updated space, complete with washer/dryer hookups—perfect for guests, tenants, or extended family. Newer Systems, including a 3-year-old roof to handle the seasons with ease, and a 3-camera security system with iPhone and Android app access to monitor your investment anytime, anywhere. Ample Storage & Parking, with a dedicated shed and a driveway that accommodates up to 4 vehicles. Unbeatable Location: Minutes from Metro San Bernardino & Gold Lines, Cal State LA, and downtown Los Angeles. Ideal for commuters, students, and professionals alike. Whether you're an investor seeking strong cash flow, a homeowner looking for extra income, or someone wanting a flexible live/rent setup—this property delivers. With its strong rental history, thoughtful updates, and prime location, this duplex is more than a home—it’s a smart move. Buyer to verify all property details independently.

Price History

Date
Event
Price
04/12/22
Sold
$890,000
05/11/21
Sold
$640,000
04/04/14
Sold
$300,000
Condition Rating
Excellent
Despite being built in 1933, this duplex has undergone extensive and recent renovations, aligning with the 'extensively renovated within 5 years' criteria for an excellent score. The description highlights 'modern updates' including a 3-year-old roof, modern shaker cabinets (dark brown in images, description states white), sleek glass subway tile backsplash, warm laminate wood flooring, recessed lighting, and stylish new fixtures in the front unit. The images confirm these updates, showcasing pristine, modern kitchens and bathrooms with contemporary tiles and fixtures, new laminate flooring throughout, and fresh paint. All visible components are virtually new and meet current quality standards, making the property move-in ready with no immediate renovations required.
Pros & Cons

Pros

Exceptional Income Potential: The property boasts a proven income track record, previously generating $50K annually from just the front unit via Airbnb, offering strong cash flow for investors or significant mortgage offset for owner-occupants.
Strategic & Accessible Location: Situated in a vibrant City Terrace neighborhood with a Walk Score of 74, it offers excellent connectivity to major freeways (60, 5, 10, 710), public transit (Metro Gold & San Bernardino Lines), Cal State LA, and downtown Los Angeles.
Extensive Modern Updates: Features recent renovations including a 3-year-old roof, thoughtfully updated kitchens with modern shaker cabinets and finishes, new flooring, recessed lighting, and stylish fixtures, minimizing immediate capital expenditures.
Desirable Features & Versatility: Offers stunning city views from the front unit, a 3-camera security system, ample off-street parking for up to 4 vehicles, and flexible living arrangements with a private entrance for one bedroom.
Charming Architectural Character: The duplex retains its original charming Spanish architectural style, providing unique aesthetic appeal and character often sought after in the market.

Cons

Advanced Age of Structure: Built in 1933, the property's underlying infrastructure, despite recent updates, may present unforeseen maintenance challenges or require significant future investments in systems not explicitly mentioned as new.
Compact Unit Sizes: With 1410 sqft distributed across a 3-bed/1-bath and a 1-bed/1-bath unit, the individual living spaces may be perceived as compact, potentially limiting appeal to tenants or buyers seeking more spacious accommodations.
Limited Private Outdoor Space: The property description does not emphasize significant private outdoor areas for either unit, which could be a drawback for residents desiring a yard or dedicated patio space.

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