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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

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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
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 -
Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 38265166

  • Date on Market: 10/30/2025

  • Last Updated:

  • Address: 4185 City Terrace Dr, Los Angeles, CA 90063

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