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$678,000

  • For Sale
  • Active
  • Multi-Family
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Beautiful two-unit home located in the City of Terrace. The property is a commercial zone and is located on Commercial Street. Next to downtown Los Angeles. Updated with granite countertops, kitchen cabinets, and a central air conditioner. Two-car garage with remote control plus two-car carport. It has a convenient location close to the city of Monterey Park. Near USC, USCH, and 5 minutes to California State University, Los Angeles - Cal State LA. Easy access to the 10 and 710 freeways. The buyer is aware of the property's legal non-conforming use. The property is to be sold in as-is condition without warranty. Great for owner use or investment. The property will be delivered vacant. The buyer and the buyer's agent shall verify with the city regarding the permit to use and satisfy all the conditions before making an offer. Great for owner-user plus income.

Full Property Details for 3940 City Terrace

General

  • Price: $678,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: WS25241487
  • Updated: 1/15/2026
  • Days on Market: 126 days
  • Added to Site: 126 day(s) ago

Interior

  • Rooms/Areas: All Bedrooms Up
  • Fireplace(s): None
  • Appliances: Free-Standing Range, Disposal, Gas Range
  • Flooring: Laminate

Rooms

Other Rooms

  • Laundry: In Garage

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 2
  • Parking Features: Direct Garage Access, Garage
  • Parking: Garage (Direct Access), Garage

Location

  • Area: 621 - El Sereno
  • County: Los Angeles
  • Development Name: 621 - El Sereno
  • Driving Directions: West of Eastern Ave, east of Soto St, north of Cesar Chavez Ave, south of 10 freeway
  • Direction Faces: North

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 1
  • # Electric Meters: 2

Structural Information

  • Windows: Double-Pane Windows
  • Entry Location: street
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 1,092
  • Year Built: 1950

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.0669
  • Lot Size (Sq. Ft.): 2,912
  • Lot Size Source: Assessor
  • Lot Description: Front Yard, Level with Street, Rectangular Lot

Financial Considerations

  • Price Per Sq. Ft.: $620.88
  • Price Per Unit: 339000

Listed by Ko Tai Realty, STEVEN SHIH

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Listing agent

— 3940 City Terrace —

  • STEVEN SHIH

    Ko Tai Realty

626-487-4396

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3940 City Terrace

School District:Los Angeles Unified School District
NameGradesDistance
Robert F. Kennedy Elementary School, Los Angeles, CA
4010 Ramboz Drive, Los Angeles, CA 90063
K-60.1 mi
Belvedere Middle School
312 North Record Avenue, Los Angeles, CA 90063
6-81.1 mi
Woodrow Wilson Senior High School
4500 Multnomah Street, Los Angeles, CA 90032
9-121.1 mi
Hilda L. Solis Learning Academy School Of Technology, Business And Education
319 North Humphreys Avenue, Los Angeles, CA 90022
9-121.2 mi
Abraham Lincoln Senior High School
3501 N. BRd.way, Los Angeles, CA 90031
9-121.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3940 City Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/18/2025
Listed
$678,000
160.77%
MLS
9/14/2004
Sold
$260,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3940 City Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,678
8%
$375,334
4%
2023
$5,258
5%
$360,761
2%
2022
$5,028
1%
$353,688
2%
2021
$4,970
-1%
$346,754
1%
2020
$5,003
4%
$343,199
2%
2019
$4,826
2%
$336,471
2%
2018
$4,731
2%
$329,874
2%
2017
$4,641
2%
$323,407
2%
2016
$4,538
1%
$317,067
2%
2015
$4,471
—
$312,305
2%
2014
$4,471
—
$306,188
—
2013
$4,451
—
$304,805
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Ko Tai Realty, STEVEN SHIH

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3940 City Terrace, El Sereno, CA 90063 (MLS# WS25241487) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 3940 City Terrace is currently listed for $678,000 and was received on October 18, 2025. Want to learn more about 3940 City Terrace? Do you have questions about finding other Multi-Family real estate for sale in El Sereno? You can browse all El Sereno real estate or contact a Coldwell Banker agent to request more information.

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