3940 City Terrace, El Sereno, California 90063, El Sereno, 90063 - bed, bath
3940 City Terrace
El Sereno, California 90063
Property Price
SUMMARY
Analysis of 3940 City Terrace, El Sereno, California 90063 is currently available with a list price of $678,000. 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 El Sereno 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1950, the property shows its age despite some updates. The kitchen features granite countertops and updated cabinets, but the style of these updates and the tile flooring appear to be from a renovation 15-30 years ago, not recent. Other areas, including the exterior and general living spaces, show significant wear and dated finishes (e.g., older carpets, basic light fixtures). The 'as-is' sale condition and 'legal non-conforming use' also suggest potential underlying issues. While functional with central AC, it requires minor updates and repairs to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential & Vacant Delivery
This two-unit duplex is ideal for owner-occupancy with rental income or pure investment, and will be delivered vacant for immediate flexibility.
- Prime Urban Location
Strategically located in a commercial zone on Commercial Street, adjacent to Downtown Los Angeles, and close to major universities (USC, Cal State LA), enhancing rental demand and accessibility.
- Excellent Connectivity
Offers easy access to major freeways (10 and 710) and proximity to Monterey Park, significantly enhancing commute and overall convenience.
CONSRISKS & DEFICIENCIES
- Legal Non-Conforming Use
The property's legal non-conforming use requires thorough buyer due diligence with the city regarding permits and conditions, posing potential complexities and uncertainties.
- As-Is Sale Condition
Sold in 'as-is' condition without warranty, indicating that the buyer assumes full responsibility for any necessary repairs or upgrades.
- Age of Structure
Built in 1950, the property's age, despite some updates, may imply potential for older underlying systems or structural components requiring future attention or maintenance.
About 3940 City Terrace
Beautiful two-unit home located in the City of Terrace. The property is a commercial zone and is located on Commercial Street. Next to downtown Los Angeles. Updated with granite countertops, kitchen cabinets, and a central air conditioner. Two-car garage with remote control plus two-car carport. It has a convenient location close to the city of Monterey Park. Near USC, USCH, and 5 minutes to California State University, Los Angeles - Cal State LA. Easy access to the 10 and 710 freeways. The buyer is aware of the property's legal non-conforming use. The property is to be sold in as-is condition without warranty. Great for owner use or investment. The property will be delivered vacant. The buyer and the buyer's agent shall verify with the city regarding the permit to use and satisfy all the conditions before making an offer. Great for owner-user plus income.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1950
- Lot Size
- 2,912 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
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 | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,092 | 1,960 | 14% |
| Lot Size | 2,912 | 5,661 | 10% |
| Price | $678.0K | $750.0K | 38% |
| Price per sq ft | $621 | $388 | 95% |
| Built year | 1950 | 1924 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 139 | 212 | 24% |
Pricing History
Listed for Sale
Oct 18, 2025
$678,000
Initial Listing
Sold
Sep 23, 2004
$260,000
Public Record