3365 City Terrace, City Terrace, California 90063, City Terrace, 90063 - 3 bed, 2 bath
3365 City Terrace
City Terrace, California 90063
Property Price
SUMMARY
Analysis of 3365 City Terrace, City Terrace, California 90063 reveals a Fairly Priced Property with a current list price of $599,999 aligned with the estimated $595,753 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3365 City Terrace Subject | $599,999* List Price | 3 | 2 | 1,350 | $441 | - |
A 1006 Van Pelt Avenue Sold | $550,000 | 3 | 2 | 1,182 | $465 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1925, this property is marketed as a major investment or 'flipper' opportunity requiring extensive renovation. The listing describes it as a 'blank canvas' with original features and aging infrastructure, indicating that the kitchen, bathrooms, and major systems likely require full replacement to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
Situated minutes from Downtown LA, USC Medical Center, and major freeways, the property offers exceptional accessibility for commuters and high rental demand.
- Value-Add Potential
Marketed as a blank canvas with solid bones, this property provides a significant opportunity for investors or flippers to build equity through modernization and restoration.
- Functional Footprint
Featuring a classic 3-bedroom layout on a generous lot, the property offers a spacious interior and ample outdoor space for potential expansion or ADU development.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-06-10. The sold price is $445,000.00.
- Extensive Renovation Needed
The home requires substantial updates to its original features and finishes, necessitating a significant additional capital investment beyond the purchase price.
- Aging Infrastructure
Built in 1925, the property likely requires modernization of core systems such as plumbing, electrical, and HVAC to meet current building codes and modern living standards.
About 3365 City Terrace
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1925
- Lot Size
- 3,938 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 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,350 | 1,133 | 67% |
| Lot Size | 3,938 | 4,510 | 24% |
| Price | $600.0K | $694.5K | 24% |
| Price per sq ft | $444 | $601 | 12% |
| Built year | 1925 | 1926 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 107 | 175 | 24% |
Pricing History
Listed for Sale
Nov 19, 2025
$599,999
Initial Listing
Sold
Jun 10, 2025
$445,000
Public Record