
City Terrace, California 90063
This High-Potential Investment Opportunity is a Turnkey Single Family Residence listed at $750,000, positioned well below the $781,536 Fair Market Value by 4%. This valuation gap offers $31,536 in Instant Equity. Featuring a Condition Rating of 2, the home includes a finished basement, new 200A electrical, and R-2 Zoning for future growth. With its Park/Greenbelt view and proximity to DTLA, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, modernized asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1046 N Bonnie Beach Subject | $730,000* List Price | 3 | 3 | 1,300 | $577 | - |
A 1006 Van Pelt Sold | $730,000 | 3 | 2 | 1,182 | $618 | 0.2 mi |
B 1516 Kurtz Sold | $730,000 | 3 | 1 | 1,303 | $560 | 0.7 mi |
C 3961 Rockwood Sold | $727,000 | 3 | 2 | 1,000 | $727 | 0.1 mi |
D 4153 Blanchard Sold | $871,000 | 3 | 2 | 1,216 | $716 | 0.3 mi |
E 1105 N Hazard Sold | $740,000 | 3 | 2 | 1,086 | $681 | 0.1 mi |
F 4241 Eugene Sold | $727,000 | 3 | 1 | 1,104 | $659 | 0.8 mi |
G 4331 Milburn Drive Sold | $835,000 | 5 | 3 | 1,627 | $513 | 0.6 mi |
H 4331 Milburn Drive Sold | $835,000 | 5 | 3 | 1,627 | $513 | 0.6 mi |
I 4126 E 1st Active | $729,000 List Price | 3 | 1 | 1,025 | $711 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent remodel (likely <5 years) featuring a modern kitchen with quartz countertops and stainless appliances, three fully updated bathrooms with custom tile, and major system upgrades including new 200A electrical wiring/panel, new plumbing, a new roof, and new mini-split HVAC systems.
The property features comprehensive renovations including new plumbing, a 200A electrical panel, a new roof, and designer interior finishes, providing a turn-key experience with modernized infrastructure.
A finished basement equipped with its own kitchenette and bathroom offers significant flexibility for use as a guest suite, home office, or potential rental unit, maximizing the utility of the square footage.
Zoned R-2 for future growth and located minutes from DTLA and CSULA, the property offers excellent long-term value and the potential to add a second dwelling unit.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1300, other record living area = 1082.
The property was recently sold within the past year on 2026-07-02. The sold price is $485,000.00.
At 1,300 square feet for a 3-bedroom, 3-bathroom configuration, the individual room sizes and common living areas may feel constrained for larger families.
BEST-DESIGNED 3-BED, 3-BATH in City Terrace! Nice kitchen with quartz countertops, stainless steel sink/faucet, microwave, refrigerator and new stove, large pantry and lots of cabinet space. TWO PRIVATE BATHS look amazing and NEW guest bath is magnificent, too! Custom tilework, new vanities (3), mirrors, frameless shower doors, rain showerheads, new plumbing, new recessed LED lighting...custom designs! BEDROOMS have mirrored closet doors, Mini-Split systems, ceiling fans w/remotes, new blinds and premium vinyl flooring. SPACIOUS MASTER BEDROOM with huge closet. Newly-textured interior, new doors, casings, baseboards and fresh paint. NEW LIGHTING THROUGHOUT with dimmers, 3-way switches and new wiring! MAJOR UPGRADES include new PLUMBING, new ELECTRICAL PANEL (200A) AND dedicated circuits (major appliances), NEW ROOF w/solar-powered exhaust fan. NEW WOODEN FENCING and front gate with CODED LOCK for privacy/security. New exterior paint throughout, including viewing terrace. LARGE PATIO for entertaining, front and back yard have fruit trees. FINISHED BASEMENT with KITCHEN & BATH (4th ON SITE); great for storage, hobby room or other use? Garage has new motor & lighting, too. Minutes to DTLA, Dodger Stadium, CSULA, Shopping and Freeways...and OVERSEES City Terrace Park (trails, sports courts & swimming pool). Tranquil hillside living, gourmet coffee shops and peaceful views. ZONED R-2 for future growth! IT'S BEAUTIFUL; COME SEE FOR YOURSELF!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,300 | - |
| Lot Size | 4,774 | - |
| Price | $730.0K | $555.0K |
| Price per sq ft | $562 | $382 |
| Built year | 1948 | 0 |
| HOA | $0 | $0 |
| Days on market | 26 | 90 |
Aug 31, 2026
$730,000
$750,000
-3% Price Drop
Initial Listing
Aug 14, 2026
$750,000
Initial Listing
Jul 2, 2026
$485,000
Public Record