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3361 City Terrace Drive, Los Angeles, California 90063, Los Angeles, 90063 - bed, bath

3361 City Terrace Drive, Los Angeles, California 90063 home-pic-0
ACTIVE$899,000
3361 City Terrace Drive, Los Angeles, California 90063
0Bed
0Bath
1,410Sqft
3,922Lot
Year Built
1933
Close
-
List price
$899K
Original List price
$899K
Price/Sqft
$638
HOA
-
Days on market
-
Sold On
-
MLS number
DW25126592
Home ConditionExcellent
Features
Good View: Neighborhood
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $899.0K(80th), sqft - 1410(28th), beds - undefined(50th), baths - undefined(50th).

Welcome to 3361 City Terrace Dr – A Unique Duplex in the Heart of City Terrace a Unincorporated community nestled in East Los Angeles! This charming Spanish duplex offers a perfect mix of character, modern updates, and unbeatable location. Situated between Boyle Heights, ELA, El Sereno, and Monterey Park, it’s just minutes from shops, restaurants, and major freeways (60, 5, 10, & 710). Nestled in a vibrant and accessible neighborhood with a Walk Score® of 74, this beautifully updated duplex offers a rare combination of charm, versatility, and proven income potential. Previously generating $50K annually on Airbnb from just the front unit, this property presents an outstanding investment opportunity—ideal for both short-term and long-term rental strategies, or the perfect setup to live in one unit while renting out the other. Front Unit – 3 Bed / 1 Bath: Thoughtfully renovated with modern white shaker cabinets, sleek glass subway tile backsplash, warm laminate wood flooring, recessed lighting, and stylish new fixtures. The front bedroom offers stunning city views, while the rear bedroom has its own private entrance, enhancing privacy and flexibility. Rear Unit – 1 Bed / 1 Bath: A cozy and updated space, complete with washer/dryer hookups—perfect for guests, tenants, or extended family. Newer Systems, including a 3-year-old roof to handle the seasons with ease, and a 3-camera security system with iPhone and Android app access to monitor your investment anytime, anywhere. Ample Storage & Parking, with a dedicated shed and a driveway that accommodates up to 4 vehicles. Unbeatable Location: Minutes from Metro San Bernardino & Gold Lines, Cal State LA, and downtown Los Angeles. Ideal for commuters, students, and professionals alike. Whether you're an investor seeking strong cash flow, a homeowner looking for extra income, or someone wanting a flexible live/rent setup—this property delivers. With its strong rental history, thoughtful updates, and prime location, this duplex is more than a home—it’s a smart move. Buyer to verify all property details independently.

Price History

Date
Event
Price
06/05/25
Listing
$899,000
04/12/22
Sold
$890,000
05/11/21
Sold
$640,000
04/04/14
Sold
$300,000
Condition Rating
Excellent
Despite being built in 1933, this duplex has undergone extensive and recent renovations, aligning with the 'extensively renovated within 5 years' criteria. The description explicitly mentions 'modern white shaker cabinets, sleek glass subway tile backsplash, warm laminate wood flooring, recessed lighting, and stylish new fixtures' for the front unit, and 'updated space' for the rear. The images confirm these modern updates throughout, showcasing contemporary kitchens and bathrooms with new vanities, tiling, flooring, fresh paint, and updated lighting. A 3-year-old roof further indicates recent investment in major systems. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Strong Income Potential & Versatility: The property has a proven income history, previously generating $50K annually from just the front unit on Airbnb, making it ideal for investors seeking strong cash flow or owner-occupiers looking for supplemental income.
Excellent Connectivity & Walkability: Boasts a Walk Score® of 74 and is strategically located with easy access to major freeways (60, 5, 10, 710), Metro lines, Cal State LA, and Downtown Los Angeles, appealing to commuters, students, and professionals.
Recent Key System Updates: Features a 3-year-old roof and a 3-camera security system with app access, indicating recent investments in critical infrastructure and modern safety features.
Thoughtfully Renovated Interiors: The front unit has been tastefully updated with modern white shaker cabinets, sleek glass subway tile backsplash, warm laminate wood flooring, recessed lighting, and stylish new fixtures, enhancing its rental and living appeal.
Ample Off-Street Parking & Storage: Provides a dedicated driveway accommodating up to 4 vehicles and a storage shed, which are significant advantages in a dense urban environment like Los Angeles.

Cons

Lack of Central Air Conditioning: The property description does not mention a central cooling system, which could be a significant drawback during hot Los Angeles summers and may require additional investment for installation.
Compact Overall Living Space: With a total of 1410 sqft for two units (3 bed/1 bath and 1 bed/1 bath), the individual living spaces are relatively compact, potentially limiting appeal for larger families or those desiring more expansive interiors.
Age of Property & Potential for Unseen Issues: Built in 1933, despite recent updates, the property's age may imply potential for older infrastructure (e.g., plumbing, electrical) not explicitly mentioned as updated, which could lead to future maintenance costs.

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