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3940 City Terrace, El Sereno, California 90063, El Sereno, 90063 - bed, bath

3940 City Terrace, El Sereno, California 90063 home-pic-0
ACTIVE$678,000
3940 City Terrace, El Sereno, California 90063
0Bed
0Bath
1,092Sqft
2,912Lot
Year Built
1950
Close
-
List price
$678K
Original List price
$678K
Price/Sqft
$621
HOA
-
Days on market
-
Sold On
-
MLS number
WS25241487
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $678.0K(32th), sqft - 1092(12th), beds - undefined(50th), baths - undefined(50th).

Beautiful two-unit home located in the City of Terrace. The property is a commercial zone and is located on Commercial Street. Next to downtown Los Angeles. Updated with granite countertops, kitchen cabinets, and a central air conditioner. Two-car garage with remote control plus two-car carport. It has a convenient location close to the city of Monterey Park. Near USC, USCH, and 5 minutes to California State University, Los Angeles - Cal State LA. Easy access to the 10 and 710 freeways. The buyer is aware of the property's legal non-conforming use. The property is to be sold in as-is condition without warranty. Great for owner use or investment. The property will be delivered vacant. The buyer and the buyer's agent shall verify with the city regarding the permit to use and satisfy all the conditions before making an offer...

Price History

Date
Event
Price
10/18/25
Listing
$678,000
09/23/04
Sold
$260,000
Condition Rating
Fair
Built in 1950, the property has received some updates such as granite countertops, kitchen cabinets, and central air conditioning. However, the visual evidence from the kitchen (cabinet style, tile flooring, light fixtures) suggests these updates are likely 15-25 years old, making the aesthetic dated rather than modern. The exterior also shows its age. While functional, the home requires minor updates to meet current styles and standards. The 'as-is' sale and 'legal non-conforming use' also contribute to a 'fair' assessment, indicating potential for further repairs or limitations.
Pros & Cons

Pros

Income-Generating Duplex: The property is a two-unit home, classified as residential income/duplex, offering potential for rental income or owner-occupancy with supplemental income.
Strategic Commercial Location: Situated in a commercial zone on Commercial Street, adjacent to Downtown LA, with easy access to major freeways (10 & 710), enhancing its business and accessibility appeal.
Proximity to Universities: Conveniently located near USC, USCH, and Cal State LA, which significantly boosts rental demand and long-term property value.
Recent Interior Updates: Features updated granite countertops, kitchen cabinets, and a central air conditioner, providing modern comforts and reducing immediate renovation needs.
Ample Parking & Vacant Delivery: Includes a two-car garage with remote control plus a two-car carport, and will be delivered vacant, offering immediate flexibility for the new owner.

Cons

Legal Non-Conforming Use: The buyer must be aware of the property's legal non-conforming use, which may present challenges for future modifications, expansion, or compliance.
Sold As-Is Condition: The property is sold in 'as-is' condition without warranty, implying potential for required repairs or upgrades at the buyer's expense and risk.
Extensive Buyer Due Diligence: Requires the buyer to verify permits and satisfy all conditions with the city, indicating potential complexities and a higher burden of investigation before purchase.

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