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SOLD - House + ADU in City Terrace

$722,000

3418 Whiteside St

# of Units: 2

Pro Forma GRM: 10.94

Pro Forma CAP: 7.19%

Price/SF: $398

Building SF: 1,814

Lot SF: 5,851

Zoning: LCR4

Year Built: 1926

Description​​​

Two detached units in City Terrace on a quiet residential street with views of DTLA as you drive home every day. The front structure features 3BR + 1BA plus basement (not part of the legal square footage) that might be able to be converted into an ADU. The rear structure is a 2Br+1BA house and has a covered porch and backyard. The front house is vacant and the rear tenant will be moving out by August. The total SF for both buildings is 1,814 SF on a 5,851 SF lot. This is a wonderful compound that was lovingly cared for by the owner for many years. It has lush fruit trees, ample parking, separate meters, and easy access to the 10 Freeway and DTLA. A fantastic value!

 

Location

Located in City Terrace an unincorporated neighborhood of Los Angeles north of Boyle Heights, south of Cal State LA and west of Alhambra and Monterey Park. 

 This pocket attracts renters from various employment centers and universities like Keck USC Medical Center, White Memorial, DTLA, East College, FIDM, and others. Plus it is near 5,10, 710, and 101 FWYs.

Property Highlights

  • House + Legal ADU in City Terrace

  • Views of City Terrace

  • Well Cared for Property

  • House

    • 3Br+1BA​

    • Basement (Not Part of SF) and Potential ADU

  • ADU

    • 2BR+1BA​

    • Covered Porch + Private Backyard

  • Delivered 100% VACANT

  • Potential to Finance with as little as 3.5% DOWN!

  • 81 (Walk Score) *Walker's Paradise*

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