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4185 City Terrace Dr - 4185 City Terrace Dr, East Los Angeles 2 Unit Apartment Building Offered at $785,000 at a 4.28% Cap Rate Los Angeles, CA 90063



INVESTMENT HIGHLIGHTS
- Modern cosmetic upgrades throughout both units including new flooring, updated kitchens, and refreshed bathrooms
- Bright, comfortable living spaces with contemporary finishes
- Major system improvements include seismic retrofitting, updated electrical new windows and tankless water heaters
EXECUTIVE SUMMARY
Situated in the desirable City Terrace neighborhood, this well-maintained duplex offers two 2-bedroom, 1-bath units showcasing tasteful modern upgrades throughout. Renovations include new flooring, updated kitchens with contemporary finishes, and refreshed bathrooms. Major system improvements include seismic retrofitting, updated electrical panels, new windows, and tankless water heaters—ensuring both reliability and efficiency. The property also features on-site laundry and secure gated parking for two cars. Ideally located near Cal State LA, Monterey Park Golf Club, Robert F Kennedy Elementary school, LA County Fire Department HQ, LA County Sheriff's Department Training Academy, and major freeways (10, 710, and 60). This property offers convenient access to nearby employment, education, and amenities. A solid investment opportunity in a strong rental market, this duplex combines quality condition, desirable location, and consistent demand—an excellent asset in the heart of City Terrace.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $785,000 | Lot Size | 0.05 AC |
| Price Per Unit | $392,500 | Building Size | 1,312 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 4.28% | No. Stories | 1 |
| Gross Rent Multiplier | 14.31 | Year Built/Renovated | 1954/2025 |
| No. Units | 2 | Parking Ratio | 0.76/1,000 SF |
| Property Type | Multifamily | ||
| Zoning | C3 | ||
| Price | $785,000 |
| Price Per Unit | $392,500 |
| Sale Type | Investment |
| Cap Rate | 4.28% |
| Gross Rent Multiplier | 14.31 |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.05 AC |
| Building Size | 1,312 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1954/2025 |
| Parking Ratio | 0.76/1,000 SF |
| Zoning | C3 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | $2,286 | - |
| 2+1 | 1 | $2,600 | - |
1 1
Walk Score®
Very Walkable (71)
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4185 City Terrace Dr - 4185 City Terrace Dr, East Los Angeles
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