Active
3022 Terry PL
LOS ANGELES CA, 90031
$1,399,990
$394.59 per sqft
Active
7 Beds
4 Baths
3,548 sqft
Multi-family
Built in 1956
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.
AR25039446MR
MLSⓇ ID
February 22, 2025
Listed
February 22, 2025
Updated
Interior Features
Total Stories
3
Bedrooms
7
Total Bathrooms
4
Appliances
Dishwasher, Dryer, Dryer Included, Gas Or Electric Dryer Hookup, In Closet, Inside, Laundry Closet Stacked, Room, Stackable W/D Hookup, Vented Exhaust Fan, Washer, Washer Hookup, Washer Included
Laundry Description
Dryer, Dryer Included, Gas Or Electric Dryer Hookup, In Closet, Inside, Laundry Closet Stacked, Room, Stackable W/D Hookup, Washer, Washer Hookup, Washer Included
Fireplace
Yes
Fireplace Description
Great Room
Cooling
Yes
Cooling Description
Central, See Remarks
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.23 Acres
Roof
Common Roof
Sewer
Public Sewer
Window
Double Pane Windows, French Windows, Screens, Stained or Leaded, Tinted Windows
Other Property Details
Area Name
Lincoln Heights
Garage
No
Parking
Assigned
Parking Total
6
View
Yes
View Description
City Lights, Hills, Landmark, Panoramic
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LARD3
Listing History
Date | Event | Price |
---|---|---|
2/22/2025 | Active | — |
Listed by Jose Cordova with Jose Cordova, BROKER
Listing Contact: 323-350-4900
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor LA Real shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 2/22/2025