1041 Geraghty, City Terrace, California 90063, City Terrace, 90063 - 3 bed, 2 bath
1041 Geraghty
City Terrace, California 90063
Property Price
SUMMARY
Analysis of 1041 Geraghty, City Terrace, California 90063 is currently available with a list price of $650,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the City Terrace Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
This 1927 duplex presents a split condition: one unit has been beautifully remodeled with modern shaker cabinets, quartz countertops, stainless steel appliances, and contemporary flooring, while the 2-bedroom unit is noted as needing significant TLC. Because the property is sold 'as-is' and contains a mix of fully renovated and outdated spaces with vintage 1920s infrastructure, it aligns with the 'fair' category.
PROSSTRENGTHS & OPPORTUNITIES
- ADU Development Potential
The spacious 3-car detached garage offers a significant opportunity for an Accessory Dwelling Unit (ADU) conversion, providing a path to maximize rental income and overall property valuation.
- Strategic Location
Ideally situated minutes from Downtown LA, Keck Medicine of USC, and major freeways, the property is positioned in a high-demand area with strong long-term growth and appreciation potential.
- Income Versatility
This duplex features a move-in ready, remodeled 1-bedroom unit alongside a value-add 2-bedroom unit, making it perfect for owner-occupiers looking to house-hack or investors seeking immediate cash flow.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is being sold in its current condition with the 2-bedroom unit requiring significant TLC, which will necessitate immediate capital expenditure for renovations.
- Vintage Infrastructure
Dating back to 1927, the property may possess aging electrical, plumbing, or structural systems typical of the era that could require costly modernizations to meet current standards.
About 1041 Geraghty
An incredible opportunity in the heart of City Terrace! This duplex offers outstanding potential for both homeowners and investors. The property features two units: a 2-bedroom/1-bath that’s ready for some TLC and a beautifully remodeled 1-bedroom/1-bath unit. Plus, the spacious 3-car detached garage offers excellent ADU potential for added income or extended living options. Whether you're tired of paying rent or looking to expand your investment portfolio, this property delivers strong upside and versatility. The seller is motivated, making this a chance you don’t want to miss. Property to be sold AS-IS. Conveniently located just minutes from DTLA, Keck Medicine of USC, USC Hospital, and major freeways (10, 5, and 101), this is a prime location with long-term growth potential.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1927
- Lot Size
- 5,403 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | - | 81% |
| Baths | 2.0 | - | 81% |
| Square foot | 1,214 | 1,960 | 14% |
| Lot Size | 5,403 | 5,661 | 38% |
| Price | $650.0K | $750.0K | 33% |
| Price per sq ft | $535 | $388 | 81% |
| Built year | 1927 | 1924 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 212 | 5% |
Pricing History
Listed for Sale
Feb 13, 2026
$650,000
Initial Listing
Sold
Sep 4, 2002
$170,000
Public Record
Sold
Sep 13, 1996
$70,000
Public Record