3022 Terry Place
Los Angeles, CA 90031
0.23 acres | #AR25039446
Description
This gem of a property is back on the market baby!!! Second chances don't come often, and with this home, you gotta see it to believe it. So don't let yourself miss out on this one again. Get into Lincoln Heights early before it really blows up like Silverlake, Echo Park, Frogtown & Highland Park.
Future live-in owners and investors alike are going to love the rental income on this absolute stunner. Not only is this property very unique for the area, it also boasts having 2 of its 3 units being tastefully 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.
-Units: (1) 3 Bed +2.5 Bath & (2) 2 Bed +1 Bath
-Each unit has its own private yard, laundry, 2 parking spaces
-Mature fruit trees (limes, orange, banana, avocados, fig)
-Drought tolerant landscaping with low-maintenance 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
-3 Private Units
-Even higher rental income potential
-Minimal maintenance
-2 completely renovated units
- Perfect Opportunity for an Owner to live in the unit that will be vacant in May, while renting the other two.
So DO NOT miss out on this very rare opportunity that's as good as it gets in the area, while also somehow still having even more future earnings potential....or you'll be kicking yourself later.
Property Details
- Lot DescriptionTwoToFiveUnitsAcre, BackYard, DripIrrigationBubblers, Garden, Landscaped, Paved, Secluded, SprinklersTimer
- ViewCityLights, Hills, Landmark, Neighborhood, Panoramic
- InteriorBeamedCeilings, Balcony
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Utility FeaturesSeeRemarks
- Original List Price$1,399,990
- MLS #AR25039446
- MLS #AR25039446
- Exterior MaterialsLighting
- Cost1399990
- Property SubtypeTriplex
- FoundationRaised
- Utility SourcePublic
- Acres0.227
- Year Built1956
- Stories3
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Jose Cordova (#A37338)
Listing Office: Jose Cordova, BROKER (#30101)
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