
City Terrace, California 90063
This Turnkey Residential Income Property is listed at $1,149,000, representing a stable valuation aligned with its $1,149,000 Fair Market Value. Featuring a fully permitted 1-bedroom ADU and a Condition Rating of 2, this home offers immediate rental income potential alongside a modern, remodeled main residence. With central HVAC, a large wood deck, and breathtaking city views, the property provides a premium lifestyle in the desirable City Terrace Hills. This is a rare, move-in ready asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand, income-producing residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3842 Woolwine Dr Subject | $1,149,000* List Price | 4 | 3 | 2,180 | $527 | - |
A 3842 Woolwine Drive 3842a Active | $1,149,000 List Price | 0 | 0 | 2,180 | $527 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a turnkey, fully remodeled Spanish-style home with a comprehensive renovation completed within the last 5 years. The kitchen and bathrooms feature modern cabinetry, high-end fixtures, and new appliances. The home includes upgraded systems such as central HVAC and a permitted ADU, meeting all criteria for mint condition with no immediate maintenance required.
The property features a fully permitted 1-bedroom, 1-bathroom ADU, providing an excellent opportunity for rental income, multi-generational living, or a private guest retreat.
Both the main residence and ADU have been comprehensively remodeled with contemporary finishes, soaring ceilings, and central HVAC, blending classic Spanish charm with modern comfort.
Situated in the desirable City Terrace Hills, the home offers breathtaking city views and is minutes away from Downtown LA, the Arts District, and major freeway interchanges.
The property was sold for $625,000 in late 2023; the current list price of $1,149,000 represents a substantial premium that may challenge appraisal values or buyer expectations for the immediate area.
Originally built in 1938, the property may still possess underlying structural or utility elements typical of older homes that require more frequent maintenance despite the recent aesthetic upgrades.
Welcome to this beautifully remodeled Spanish-style home located in the highly desirable City Terrace Hills neighborhood. Combining timeless architectural charm with modern amenities, this exceptional property offers comfort, versatility, and incredible income-producing potential. The main residence features 3 spacious bedrooms and 2 beautifully updated full bathrooms. Upon entering, you’ll be greeted by a bright and inviting living room with soaring ceilings and abundant natural light that fills the home. The thoughtfully designed floor plan includes a spacious kitchen with ample cabinetry and a large pantry, as well as a convenient indoor laundry room. Adding tremendous value to the property is a super-spacious, fully permitted 1-bedroom, 1-bathroom ADU, perfect for generating rental income, accommodating extended family, or providing a private guest retreat. Thoughtfully upgraded throughout, both the main home and ADU are equipped with central air conditioning and heating for year-round comfort. Step outside to an expansive backyard designed for entertaining, featuring a large wood deck, generous outdoor living space, and endless possibilities for hosting gatherings, relaxing, or creating your dream outdoor oasis. Additional highlights include a private driveway, attached garage, separate storage room with direct access from the garage, and breathtaking city views. Ideally situated just minutes from Downtown Los Angeles, the Arts District, and Cal State LA, this prime location offers convenient access to some of the area’s best dining, entertainment, and cultural attractions. Enjoy being within close proximity to local favorites such as Terraza Coffee Shop and Holy Grounds Café, along with numerous restaurants, shopping centers, public transportation options, and easy access to the 10, 101, 110, and 710 Freeways. This is a rare opportunity to own a turnkey property with a permitted ADU in one of the most sought-after and high-demand neighborhoods. Don’t miss your chance to make this exceptional property your next home or investment opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,180 | - |
| Lot Size | 5,891 | - |
| Price | $1.15M | $520.0K |
| Price per sq ft | $527 | $426 |
| Built year | 1938 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 39 |
Jul 9, 2026
$1,149,000
Initial Listing
Nov 27, 2023
$625,000
Public Record