Los Angeles, CA 90031,3022 Terry PL
Los Angeles, CA 90031,3022 Terry PL
Los Angeles, CA 90031,3022 Terry PL
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$1,399,990
Est. payment /mo
9,888 Sqft Lot
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UPDATED:

02/23/2025 02:41 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25039446

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1956

Lot Size 9,888 Sqft

Property Sub-Type Triplex

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.

-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.

Location

State CA

County Los Angeles

Area 677 - Lincoln Hts

Zoning LARD3

Interior

Interior Features Beamed Ceilings, Balcony

Heating See Remarks

Cooling Central Air, See Remarks

Flooring See Remarks

Fireplaces Type Great Room

Fireplace Yes

Appliance Dishwasher, Electric Range, Gas Range, Range Hood, Vented Exhaust Fan, Water Heater, Dryer, Washer

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

Exterior

Exterior Feature Lighting

Parking Features Assigned

Fence Chain Link, Wood

Pool None

Community Features Biking, Street Lights

Utilities Available See Remarks

View Y/N Yes

View City Lights, Hills, Landmark, Neighborhood, Panoramic

Roof Type Common Roof

Accessibility None

Total Parking Spaces 6

Private Pool No

Building

Lot Description 2-5 Units/Acre, Back Yard, Drip Irrigation/Bubblers, Garden, Landscaped, Paved, Secluded, Sprinklers Timer

Story 3

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Contemporary, Custom, Modern, Patio Home

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5208001010

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard


Read Less Info
California Regional MLS (CRMLS)
Listed by Jose Cordova • Jose Cordova, BROKER • 323-350-4900

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