55
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$1,399,990
Est. payment /mo
7 BD
5 BA
9,887 Sqft Lot
Open 3/2 11AM-2PM
3022 Terry Place Los Angeles, CA 90031
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OPEN HOUSE
Sun Mar 02, 11:00am - 2:00pm
UPDATED:
02/27/2025 04:13 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25039446
Bedrooms 7
HOA Y/N No
Lot Size 9,887 Sqft
Property Sub-Type Res Income 2-4 Units
Property 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. -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 programmable irrigation -Hidden, dead-end street -Close to downtown -Close to many freeways -Great tenants and no problems finding tenants that would love
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. -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 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 - 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.
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. -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 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 - 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.
Location
State CA
County Los Angeles
Area Los Angeles (90031)
Zoning Assessor
Interior
Cooling Central Forced Air, Other/Remarks
Appliance Other/Remarks
Exterior
Exterior Feature Stucco
Parking Features Unit1:Assigned
Building
Story 3
Lot Size Range 7500-10889 SF
Others
Acceptable Financing Cash, Conventional, Exchange
Space Rent $2,785
Listing Terms Cash, Conventional, Exchange
Listed by Jose Cordova • Jose Cordova, BROKER