3365 City Terrace, City Terrace, California 90063, City Terrace, 90063 - 3 bed, 2 bath

3365 City Terrace, City Terrace, California 90063 home-pic-0
ACTIVE$599,999
3365 City Terrace, City Terrace, California 90063
3Beds
2Baths
1,350Sqft
3,938Lot
Year Built
1925
Close
-
List price
$600K
Original List price
$600K
Price/Sqft
$444
HOA
-
Days on market
-
Sold On
-
MLS number
CV25263564
Home ConditionPoor
Features
View-

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 4 Cons,5 Pros. Rank: price - $600.0K(35th), sqft - 1350(73th), beds - 3(50th), baths - 2(50th).

Prime City Terrace Investment Opportunity- Endless Potential! Located in the highly desirable City Terace neighborhood of East Los Angeles, this charming home is ready for its next chapter. Offering a fantastic opportunity for investors flippers or owner-occupants with vision, this property is priced to sell and brimming with upside potential. Classic layout with spacious living areas with 3 bedroom and 1 1/2 bath. Original features waiting to be restored or modernized. Solid bones- ideal blank canvas for your renovation dreams. Sits on a generous lot with room to expand or enhance outdoor living. Unbeatable City Terrace location: minutes from Downtown LA, Cal State LA, USC Medical Center and major freeways (10, 710, 5, 60). Strong rental demand or resale profit potential after updates.

Price History

Date
Event
Price
11/19/25
Listing
$599,999
06/10/25
Sold
$445,000
Condition Rating
Poor

Built in 1925, this property is explicitly marketed as an 'investment opportunity' for 'flippers' or 'owner-occupants with vision,' requiring 'significant renovation' and 'extensive modernization and restoration.' The description highlights 'original features waiting to be restored or modernized' and the need to update 'core systems (electrical, plumbing, HVAC).' While it has 'solid bones,' the advanced age and lack of recent renovations mean major components are outdated and require substantial repairs to meet modern living standards. The exterior images show an aged facade with visible wear and tear, consistent with a property in need of significant rehabilitation.
Pros & Cons

Pros

High Investment Potential: Positioned as a prime opportunity for investors, flippers, or owner-occupants seeking significant upside potential and strong rental/resale demand post-renovation.
Strategic Urban Location: Unbeatable City Terrace location offering excellent proximity to Downtown LA, Cal State LA, USC Medical Center, and major freeway access (10, 710, 5, 60).
Solid Structural Foundation: Described with 'solid bones,' providing an ideal blank canvas for renovation without immediate concerns about major structural integrity.
Expansion-Ready Lot: Features a generous 3,938 sqft lot, offering ample space for potential expansion of the existing home or enhancement of outdoor living areas.
Attractive Pricing: Listed below its estimated market value, offering immediate equity potential and a competitive entry point for buyers.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-06-10. The sold price is $445,000.00.
Significant Renovation Required: The property retains original features and is presented as a 'blank canvas,' indicating a need for extensive modernization and restoration.
Advanced Age of Property: Built in 1925, the home likely requires updates to its core systems (electrical, plumbing, HVAC) and overall aesthetic to meet modern standards.
Lack of Desirable Views: The property does not offer any specific desirable views, which could be a missed amenity in a competitive market.

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