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Home for Sale at 3231 City Terrace Drive, Los Angeles, CA 90063

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3231 City Terrace Drive, Los Angeles, CA 90063
Listing# 18417952
Price: $849,000
Type: Residential Income
County: Los Angeles
    Photo of home for sale at 3231 CITY TERRACE Drive, Los Angeles CA
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Property Description:
Here is a listing where you can easily do an enormous amount of your own 'value add.' You've got 9000 sq ft of mixed use property. The max number of units permitted for an all residential project would be 6. As far as commercial it will depend on the parking you can provide. Professional Office is 1 for every 400 square feet, Retail is 1 for every 250 square feet, and a food establishment depends on the occupancy load. If you wanted to do a mixed use project, your max residential unit count would be 3 units. There are currently two vacant commercial units and two residential units, one of which is vacant and the other should be very easily vacatable, if you so desire. It also has space beneath the residential units currently used for parking but can be easily converted into either residential or commercial spaces.

Property Type:Residential Income
Listing Status:Active Under Contract
Year Built:1930
Lot Square Feet:8922
Listing Price:$849,000
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Based on information from California Regional Multiple Listing Service, Inc. as of 06/26/2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.


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