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Investment Highlights
- C3-zoned commercial lot features an existing 1-bedroom, 1-bathroom residential unit
- Easy access to I-10 and I-710
- 4.2 miles from Downtown Los Angeles and 0.4 mile from Cal State University, Los Angeles
Executive Summary
For Sale: C3-Zoned Commercial Lot with Residential Unit – City Terrace Drive
A rare investment opportunity in a prime urban corridor! This C3-zoned commercial lot features an existing 1-bedroom, 1-bathroom residential unit with approximately 418 SF, including a living room and kitchen and a carport in the back.
Strategically located just 4.2 miles from Downtown Los Angeles and 0.4 mile from Cal State University, Los Angeles, with easy access to I-10 and I-710, the property offers excellent connectivity and visibility.
The C3 zoning allows for a wide range of possibilities, including:
• Residential development
• Mixed-use projects
• Storefront commercial space with attached residential unit
This property is ideal for investors or owner-users seeking flexibility, redevelopment potential, and a strong foothold in a growing urban market.
** Drive by only. Please do not disturb tenants.
A rare investment opportunity in a prime urban corridor! This C3-zoned commercial lot features an existing 1-bedroom, 1-bathroom residential unit with approximately 418 SF, including a living room and kitchen and a carport in the back.
Strategically located just 4.2 miles from Downtown Los Angeles and 0.4 mile from Cal State University, Los Angeles, with easy access to I-10 and I-710, the property offers excellent connectivity and visibility.
The C3 zoning allows for a wide range of possibilities, including:
• Residential development
• Mixed-use projects
• Storefront commercial space with attached residential unit
This property is ideal for investors or owner-users seeking flexibility, redevelopment potential, and a strong foothold in a growing urban market.
** Drive by only. Please do not disturb tenants.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Building Size
418 SF
Building Class
C
Year Built
1979
Price
$525,000
Price Per SF
$1,255.98
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.05 AC
Zoning
C3 - Commercial
Parking
2 Spaces (4.78 Spaces per 1,000 SF Leased)
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 5226-013-013 | Improvements Assessment | $25,209 |
| Land Assessment | $16,389 | Total Assessment | $41,598 |
Property Taxes
Parcel Number
5226-013-013
Land Assessment
$16,389
Improvements Assessment
$25,209
Total Assessment
$41,598
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4257 City Terrace Dr
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