Description
This gem of a property is back on the market baby!!! second chances don't come often, and with this home, you gotta see it to believe it. so don't let yourself miss out on this one again. get into lincoln heights early before it really blows up like silverlake, echo park, frogtown & highland park.
future live-in owners and investors alike are going to love the rental income on this absolute stunner. not only is this property very unique for the area, it also boasts having 2 of its 3 units being tastefully 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 low-maintenance 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
-3 private units
-even higher rental income potential
-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.
update: foundation inspection done. all homes + retaining wall passed and are structurally sound.
Property Type
Residential IncomeCounty
Los AngelesStyle
Contemporary,Custom,Modern,Patio HomeAD ID
48684739
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Green Water Conservation: Water-Smart Landscaping
- Sewer : Public Sewer
Interior Features
- Roof : Common Roof
- Exterior Property Features : Lighting
- Interior Features: Beamed Ceilings,Balcony
- Windows: Atrium,Bay Window(s),Double Pane Windows,ENERGY STAR Qualified Windows,French/Mullioned,Garden Window(s),Screens,Stained Glass,Tinted Windows,Wood Frames
- Property Appliances: Dishwasher,Electric Range,Gas Range,Range Hood,Vented Exhaust Fan,Water Heater,Dryer,Washer
- Fireplace: Great Room
- Flooring: See Remarks
Cooling Features
- Central Air,See Remarks
- Air Conditioning
Heating Source
- See Remarks
- Has Heating
Fireplace
- Fireplace Features: Great Room
- Has Fireplace: 1
-
Exterior Features
Building Information
- Year Built: 1956
- Building Area Total: 3,548
- Construction: Drywall,Glass,Stucco
- Roof: Common Roof
Exterior Features
- Lighting
Foundation
- Raised
Accessibility Features
- None
Pool Features
- None
Laundry Features
- Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Inside,Laundry Closet,Laundry Room,Stacked
Fencing
- Chain Link,Wood
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.227
- Lot Size Source: Assessor
- Lot Size Square Feet: 9887
-
Listing Information
Listing Price Information
- Original List Price: 1,499,990
- Listing Contract Date: 2025-02-21
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5208001010
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: See Remarks
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Pending
- Source Neighborhood: 677 - Lincoln Hts
- Postal Code Plus 4: 2735
- Directions: From N. Broadway go north on Johnston, turn right onto Terry Pl right before Minnesota St.
- Zoning: LARD3
- Source Property Type: Residential Income
- Area: 677 - Lincoln Hts
- Property SubType: Triplex
Building and Construction
- Property Age: 69
- Common Walls: No Common Walls
- Property Condition: Updated/Remodeled
- Structure Type: Triplex
- Year Built Source: Assessor
- Entry Level: 2
- Entry Location: 2
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BuyOwner last updated this listing 05/13/2025 @ 18:07
- MLS: AR25039446
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is recently sold, it has 3,548 sqft, 9,887 sized lot, and 0 parking. are nearby neighborhoods.