3022 Terry Place

Los Angeles, CA 90031

  • 7 Bed(s)
  • 4 Bath(s)
  • 3,548 Sqft
  • 9887
    Sqft(Lot)
$1,399,990

Description

Investors are going to love the rents on this absolute gem of an investment property. not only is this property very unique for the area, it also boasts having 2 of its 3 units being professionally redesigned and remodeled. the property has also been kept up immaculately for many many years. the owners have invested significantly not just inside, but also in wonderful landscaping and lots of outdoor areas for serene relaxation and exquisite entertaining. there are also amazing views all over, including right from the driveway. two units have superb views ranging from the dodgers stadium fireworks show to downtown los angeles and far beyond. and the generously sized 3rd-story balcony in 3022 terry also boasts what can only be described as one truly epic view.



i can talk all day about what a wonderful property this is. but it's the tenants happiness and adoration for living here that speaks the loudest. they gush about how much they love all the privacy and the property's well-hidden feel...while still being just a hop, skip or jump away from everything wonderful in the area. oh and did i mention that downtown la is also just 5 min away?



instead of continuing to go on and on, here is a quick list these homes many wonders.



-each unit has its own private yard, laundry, 2 parking spaces

-mature fruit trees (limes, orange, banana, avocados, fig)

-drought tolerant landscaping with programmable irrigation

-hidden, dead-end street

-close to downtown

-close to many freeways

-great tenants and no problems finding tenants that would love to live here.

-great rents

-one duplex, 1 house

-even higher rental income potential

-no repairs necessary

-minimal maintenance

-2 completely renovated units



so do not miss out on this very rare opportunity that is as good as it gets in the area, while still somehow having even more future earnings potential. or you'll be kicking yourself later.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Contemporary,Custom,Modern,Patio Home

  • AD ID

    48684739

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Green Water Conservation: Water-Smart Landscaping
    • Sewer : Public Sewer

    Interior Features

    • Roof : Common Roof
    • Exterior Property Features : Lighting
    • Interior Features: Beamed Ceilings,Balcony
    • Windows: Atrium,Bay Window(s),Double Pane Windows,ENERGY STAR Qualified Windows,French/Mullioned,Garden Window(s),Screens,Stained Glass,Tinted Windows,Wood Frames
    • Property Appliances: Dishwasher,Electric Range,Gas Range,Range Hood,Vented Exhaust Fan,Water Heater,Dryer,Washer
    • Fireplace: Great Room
    • Flooring: See Remarks

    Cooling Features

    • Central Air,See Remarks
    • Air Conditioning

    Heating Source

    • See Remarks
    • Has Heating

    Fireplace

    • Fireplace Features: Great Room
    • Has Fireplace: 1

  • Building Information

    • Year Built: 1956
    • Building Area Total: 3,548
    • Construction: Drywall,Glass,Stucco
    • Roof: Common Roof

    Exterior Features

    • Lighting

    Foundation

    • Raised

    Accessibility Features

    • None

    Pool Features

    • None

    Laundry Features

    • Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Inside,Laundry Closet,Laundry Room,Stacked

    Fencing

    • Chain Link,Wood

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.227
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 9887

  • Listing Price Information

    • Original List Price: 1,399,990
    • Listing Contract Date: 2025-02-21

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5208001010

  • Garage and Parking

    • Garage Description: Assigned

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: See Remarks

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 677 - Lincoln Hts
    • Postal Code Plus 4: 2735
    • Directions: From N. Broadway go north on Johnston, turn right onto Terry Pl right before Minnesota St.
    • Zoning: LARD3
    • Source Property Type: Residential Income
    • Area: 677 - Lincoln Hts
    • Property SubType: Triplex

    Building and Construction

    • Property Age: 69
    • Common Walls: No Common Walls
    • Property Condition: Updated/Remodeled
    • Structure Type: Triplex
    • Year Built Source: Assessor
    • Entry Level: 2
    • Entry Location: 2
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BuyOwner last updated this listing 02/25/2025 @ 06:37

  • MLS: AR25039446
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 7 bedrooms which is for sale, it has 3,548 sqft, 9,887 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90031, this Los Angeles County Home are nearby neighborhoods.