NOT LISTED FOR SALE

3361 City Terrace Dr Los Angeles, CA 90063

Estimated Value: $815,000 - $996,000

4 Beds
2 Baths
1,410 Sq Ft
$646/Sq Ft Est. Value

Last Sold April 11, 2022

Last sale price $890,000 $631 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,098/month

51 Days on Market

Highlights

  • City Lights View
  • Property is near public transit
  • No HOA
  • James A. Garfield Senior High School Rated A
  • Traditional Architecture
  • Double Pane Windows

About This Home

As of April 2022

Welcome home! Located in the heart of City Terrace, 3361 City Terrace Dr awaits you! Conveniently nestled in between Boyle Heights, ELA, El Sereno & Monterey Park...this Duplex has it all! If you've been looking for a property with the WOW factor, look no further. Tired of boring 'updated' homes with little to no character? City Terrace Dr is perfect for you. This Duplex has charm, character & is centrally located. Walk up the steps to your front porch which has neighborhood & city lights views. Both units have open floor plans with plenty of natural light that enter through your new dual pane windows & showcases the new laminate wood flooring throughout. Both units have beautifully updated kitchens. The 3 bedroom/1 bath unit has white shaker cabinets, plenty of cabinet space, glass subway tile backsplash. Combination of recessed lighting & new light fixtures in both units. The front bedroom of the larger unit has city lights & hillside views. The rear bedroom has a private entrance leading to the rear yard. The 1 bedroom/1 bath unit is equally beautifully redone & has indoor washer/dryer connections adjacent to the kitchen. Conveniently located at the rear of the property is a spacious storage shed as well as a 1 car carport. Both units have newly remodeled full bathrooms with beautifully detailed tile shower walls. Newly installed roof...just in time for fall/winter rain! Walk Score® of 74. Close to public transport, shops, restaurants, schools, Cal State LA, DTLA & various fwys (60, 5, 10 & 710). About 1.3mi from the Metro San Bernardino line (Running between DTLA east through SGV & the IE to San Bernardino) & the Metro Gold Line which runs from Azusa to ELA. Also located .1mi to several Metro bus lines. Live in one unit and rent out the other? or add this amazing property to your portfolio of properties? Buyers to verify entire condition & all info on this property on their own & satisfy themselves as to all aspects of this property.

Last Listed By

Jennifer Avellan

Keller Williams SELA License #01468000 Listed on: 12/28/2021

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,149

Year Built

  • Built in 1933 | Remodeled

Lot Details

  • 3,922 Sq Ft Lot
  • Property fronts a county road
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Rectangular Lot

Property Views

  • City Lights
  • Hills

Home Design

  • Duplex
  • Traditional Architecture

Interior Spaces

  • 1,410 Sq Ft Home
  • Double Pane Windows

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas Dryer Hookup

Parking

  • 3 Open Parking Spaces
  • 4 Parking Spaces
  • 1 Carport Space

Outdoor Features

  • Exterior Lighting
  • Shed
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Cooling Available
  • Heating Available
  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 21 / 16
  • Tax Tract Number 5750
  • Assessor Parcel Number 5229021020
  • $1,034 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,149

Year Built

Built in 1933 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: Asst. Leo
  • Other Phone Number: 626-977-4304
  • Price Per Unit: 439900
  • Property Attached: No
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LCC2*
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5229021020
  • Year Built: 1933
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Price Per Square Foot: 631.21
  • Window Features: Double Pane Windows

Exterior Features

  • Other Structures: Shed(s)
  • View: City Lights, Hills
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Electric
  • Laundry Features: Gas Dryer Hookup, Inside, Outside
  • Sewer: Unknown
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Near Public Transit
  • Lot Size Sq Ft: 3922.00
  • Lot Size Acres: 0.0900

Multi Family

  • Lot Size Area: 3922.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: 16
  • Tax Census Tract: 5308.01
  • Tax Lot: 21
  • Tax Tract Number: 5750
  • TaxOtherAnnualAssessmentAmount: 1034.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2022
Sold by
Guerrero Silvia Concepcion
Bought by
Silvia C Guerrero Living Trust
Total Days on Market
51
Current Estimated Value
$911,225

Purchase Details

Listed on
Dec 28, 2021
Closed on
Apr 4, 2022
Sold by
D Lucky Inc
Bought by
Criollo Manuel and Soto Noemi Guadalupe
Seller's Agent
Jennifer Avellan
Keller Williams SELA
Buyer's Agent
Marcus Moreno
Equity Smart Real Estate Serv
List Price
$879,800
Sold Price
$890,000
Premium/Discount to List
$10,200
1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.78%
Original Mortgage
$650,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 17, 2021
Closed on
Apr 16, 2021
Sold by
Avila Jose F
Bought by
D Lucky Inc
Seller's Agent
Angel Hernandez
Century 21 Allstars
Buyer's Agent
Angel Hernandez
Century 21 Allstars
List Price
$699,000
Sold Price
$640,000
Premium/Discount to List
-$59,000
-8.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.11%

Purchase Details

Listed on
Feb 5, 2014
Closed on
Feb 27, 2014
Sold by
Hidalgo Josefina
Bought by
Avila Jose F
Seller's Agent
Ruth Queija
Century 21 Masters
Buyer's Agent
Ruth Queija
Century 21 Masters
List Price
$335,000
Sold Price
$300,000
Premium/Discount to List
-$35,000
-10.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Original Mortgage
$294,566
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 1994
Sold by
Hidalgo Josefina
Bought by
Hidalgo Josefina and Josefina Hidalgo Trust

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Silvia C Guerrero Living Trust -- --
Criollo Manuel $890,000 Lawyers Title
D Lucky Inc $640,000 Lawyers Title Company
Avila Jose F $300,000 Orange Coast Title Company O
Hidalgo Josefina -- --
Hidalgo Josefina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Criollo Manuel $650,000
Previous Owner Criollo Manuel $650,000
Previous Owner Avila Jose F $397,500
Previous Owner Avila Jose E $364,000
Previous Owner Avila Jose F $294,566
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2022 04/11/22 Sold $890,000 0.0% $631 / Sq Ft
02/18/2022 02/18/22 Off Market $890,000 -- --
02/18/2022 02/18/22 For Sale $879,800 -1.1% $624 / Sq Ft
02/17/2022 02/17/22 Off Market $890,000 -- --
02/17/2022 02/17/22 For Sale $879,800 -1.1% $624 / Sq Ft
02/16/2022 02/16/22 Off Market $890,000 -- --
12/28/2021 12/28/21 For Sale $879,800 +37.5% $624 / Sq Ft
05/12/2021 05/12/21 Sold $640,000 0.0% $539 / Sq Ft
05/07/2021 05/07/21 Off Market $640,000 -- --
05/05/2021 05/05/21 For Sale $699,000 0.0% $589 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $699,000 +9.2% $589 / Sq Ft
03/21/2021 03/21/21 Off Market $640,000 -- --
03/11/2021 03/11/21 Price Changed $699,000 -0.1% $589 / Sq Ft
02/17/2021 02/17/21 For Sale $700,000 +133.3% $590 / Sq Ft
04/04/2014 04/04/14 Sold $300,000 -10.4% $253 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
02/05/2014 02/05/14 For Sale $335,000 -- $282 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,149 $925,956 $416,160 $509,796
2023 $11,852 $907,800 $408,000 $499,800
2022 $8,558 $652,800 $428,400 $224,400
2021 $4,981 $339,746 $226,498 $113,248
2020 $5,014 $336,263 $224,176 $112,087
2019 $4,839 $329,671 $219,781 $109,890
2018 $4,747 $323,208 $215,472 $107,736
2016 $4,555 $310,659 $207,106 $103,553
2015 $4,489 $305,994 $203,996 $101,998
2014 $1,396 $39,956 $20,761 $19,195
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21269503

California Regional Multiple Listing Service (CRMLS)

APN: 5229-021-020