$1,399,990

3022 Terry Pl Los Angeles, CA 90031

$10,000
Closing credit¹
0.2 acres
Multi-Family

Property details

About 3022 Terry Pl

Investors are going to love the rents on this absolute gem of an investment property. Not only is this property very unique for the area, it also boasts having 2 of its 3 units being professionally 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 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 -One Duplex, 1 House -Even higher rental income potential -No repairs necessary -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.

Highlights

Home typeTriplex
HeatingOther
StatusActive
CoolingCentral Air, Other
Lot size0.227 Acres
Year built1956
ParkingAssigned
MLS #AR25039446
FireplaceGreat Room
ViewCity Lights, Hills, Other, Neighborhood, Panoramic

Summary

  • MLS Number: AR25039446
  • MLS Name: CRMLS
  • Office Name: Jose Cordova, BROKER
  • Office Phone: (323) 350-4900
  • Listing Agent: Jose Cordova

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/24/2025, 8:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house

$1,399,990

3022 Terry Pl

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 15, 2013
Home Sold
$520,000

Tax history

YearAssessmentProperty Tax
2024$624,939$7,938
2023$612,686$7,789
2022$600,673$7,436
2021$588,896$7,328
2020$582,859$7,113
2019$571,431$7,013
2018$560,227$6,862
2017$549,243$6,862

History based on county public records data.

Nearby schools

5

Los Angeles Leadership Primary Academy

Public Charter KG-5

0.2 mi

2670 Griffin Ave

6

Gates Street Elementary

Public District PK-5

0.4 mi

3333 Manitou Ave

5

Hillside Elementary

Public District KG-5

0.6 mi

120 E Avenue 35

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $38,500. Most Los Angeles, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

46%
<35k
47%
35k-100k
5%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

30%
Single, No Kids
23%
Single, with Kids
18%
Married, No Kids
29%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
11%
12-17 yrs old
28%
18-34 yrs old
37%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less
  • H&MH&M

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box
  • PopeyesPopeyes

What do the neighbors drive?

  • DodgeDodge
  • NissanNissan
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 3022 Terry Pl in Los Angeles, CA and zip code 90031 in the Lincoln Heights neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 22, 2025 and is currently priced at $1,399,990.

In January 2025 more than 294 listings in Los Angeles, CA were sold above the asking price. During the same period more than 161 listings were sold at asking price, while more than 545 were sold below. The number of homes for sale in Los Angeles, CA increased by 20.1% between December and January 2025. The median list price of listings available in January 2025 was $1,035,435, while the average time on the real estate market was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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