3353 City Terrace, Los Angeles, California 90063, Los Angeles, 90063 - 3 bed, 1 bath
3353 City Terrace
Los Angeles, California 90063
Property Price
SUMMARY
Analysis of 3353 City Terrace, Los Angeles, California 90063 reveals a Prime Investment Opportunity with a current list price of $575,000—significantly undercutting the $623,754 Fair Market Value by 8%. This valuation gap indicates a +$48,754 Instant Equity potential for buyers. 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 Los Angeles 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3353 City Terrace Subject | $575,000* List Price | 3 | 1 | 1,012 | $616 | - |
A 825 N Alma Avenue Sold | $560,000 | 3 | 1 | 990 | $566 | 0.4 mi |
B 1004 Geraghty Avenue Sold | $440,000 | 2 | 2 | 935 | $471 | 0.4 mi |
C 1026 Sentinel Avenue Sold | $592,000 | 2 | 1 | 1,232 | $481 | 0.3 mi |
D 451 N Indiana Street Sold | $600,000 | 2 | 1 | 962 | $624 | 0.6 mi |
E 3108 E Side Boulevard Sold | $695,000 | 3 | 2 | 960 | $724 | 0.7 mi |
F 1006 Van Pelt Avenue Sold | $550,000 | 3 | 2 | 1,182 | $465 | 0.7 mi |
G 1023 Sentinel Avenue Active | $600,000 List Price | 2 | 1 | 980 | $612 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1955, this property is over 60 years old. While the description notes 'beautiful floors' and 'good looking cabinets and countertops,' suggesting some interior updates, the exterior images show a home that is maintained but clearly dated, not recently renovated. The single bathroom for three bedrooms is a significant functional limitation, indicating an outdated layout. The property is aged but appears to be maintained, requiring minor updates to meet modern standards and improve functionality.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in City Terrace, a vibrant, rapidly growing, and centrally located Los Angeles neighborhood known for its strong community feel.
- Outdoor Living Potential
Features a spacious backyard offering ample opportunity for creating a personalized outdoor oasis, ideal for entertaining, gardening, or relaxation.
- Interior Condition & Appeal
Boasts 'beautiful floors throughout' and 'good looking cabinets and countertops,' suggesting a well-maintained or updated interior.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
The property features only one bathroom for three bedrooms, which may be a significant functional limitation for occupants.
- Age of Property
Built in 1955, the home's age suggests potential for outdated systems, infrastructure, or the need for ongoing maintenance and modernization.
- Compact Interior Space
With 1012 square feet, the interior living area is relatively modest for a three-bedroom residence, potentially limiting spaciousness.
About 3353 City Terrace
Perched in the vibrant and rapidly growing community of City Terrace, this charming home blends classic and comfort. This home offers three bedrooms and one bathroom. The living room invites you to step on beautiful floors throughout the home. Walk into the kitchen and you will meet good looking cabinets and countertops. This home offers plenty of opportunity. Create your own oasis in the backyard-ideal for barbecues, gatherings, gardening, or simply enjoying the Southern California sunshine. There's plenty of room to create your dream outdoor setup. City Terrace continues to be one of LA's most sought-after neighborhoods for its character, central location, and strong community feel. Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition,development potential,bedroom/ bathroom count, lot size or lot lines, dimensions, permitted or nonpermitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on his/her/their own findings.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 3,987 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 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 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 1,012 | 1,113 | 48% |
| Lot Size | 3,987 | 4,510 | 26% |
| Price | $575.0K | $694.5K | 21% |
| Price per sq ft | $568 | $601 | 36% |
| Built year | 1955 | 1926 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 105 | 175 | 21% |
Pricing History
Listed for Sale
Nov 21, 2025
$575,000
Initial Listing