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.
|
DAYS ON MARKET
|
29
|
LAST UPDATED
|
3/22/2025
|
|
YEAR BUILT
|
1956
|
COMMUNITY
|
Lincoln Hts
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Pending
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
Central Air, See Remarks |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Dryer, Electric Range, Gas Range, Range Hood, Vented Exhaust Fan, Washer, Water Heater |
| AREA |
Lincoln Hts |
| CONSTRUCTION |
Drywall, Glass, Stucco |
| EXTERIOR |
Lighting |
| FIREPLACE |
Yes |
| GARAGE |
Assigned |
| HEAT |
See Remarks |
| HOA DUES |
0 |
| INTERIOR |
Balcony, Beamed Ceilings |
| LOT |
9887 sq ft |
| LOT DESCRIPTION |
2-5 Units/Acre, Back Yard, Drip Irrigation/Bubblers, Garden, Landscaped, Paved, Secluded, Sprinklers Timer |
| PARKING |
Assigned |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
3 |
| STYLE |
Contemporary, Custom, Modern, Patio Home |
| UTILITIES |
See Remarks, Electric: Unknown |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City Lights,Hills,Landmark,Neighborhood,Panoramic |
| WATER |
Public |
| ZONING |
LARD3 |
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Salem to contact you even if your name is on a Federal or State
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Listed with Jose Cordova, BROKER
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 3/23/25 5:47 AM PDT 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
This IDX solution is (c) Diverse Solutions 2025.
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