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$1,200,000
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Property Description
This 3 unit strip center is located in the dense infill neighborhood of City Terrace in East Los Angeles. The property consists of a laundrymat tenant, a nutrition tenant, and one small vacancy of 638 sq. ft. The property is well located at a signalized intersection and has major upside potential. Small unit sizes make them easy to rent at a higher rent per sq. ft. than larger units would lease for. The lot has 12 parking stalls to provide easy access to tenants and customers. The property also has the potential for an owner user to operate one of the units or the laundrymat.
LOCATION DESCRIPTION
City Terrace is a well-established residential and commercial submarket located in unincorporated East Los Angeles, just east of Downtown LA and
minutes from the Arts District, Boyle Heights, and USC Health Sciences Campus. The area is characterized by dense infill neighborhoods, strong
local retail demand, and consistent traffic driven by a large, multigenerational population base. Positioned along key east-west corridors such as City Terrace Drive, 1st Street, and Olympic Boulevard, the neighborhood provides efficient access to Downtown Los Angeles (10 minutes), the I-5, SR-60, and I-710 freeways, making it a strategic location for neighborhood retail, medical, service, and last-mile commercial uses.
Full Property Details
Full Property Details for 3200 City Terrace
General
- Price: $1,200,000
- Status: Active
- Type: Retail
- Source: MRMLS
- MLS ID: DW26039713
- Updated: 2/23/2026
- Days on Market: 107 days
- Added to Site: 108 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: Los Angeles
- Driving Directions: Near Wabash and Evergreen
Structural Information
- # Buildings: 1
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 2936
- Square Feet: 2,936
- Year Built: 1933
Lot Features
- Lot Size (Acres): 0.2094
- Useable Acres: .2094
- Lot Size (Sq. Ft.): 9,121
- Lot Size Source: Assessor
- Lot Features: Corner Lot
- Lot Description: Corner Lot
Financial Considerations
- Price Per Sq. Ft.: $408
Disclosures and Reports
- Investment: Yes
- Property ID: 5231017003
Listed by Apex Properties, ChristopherComfort
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Schools
Schools serving 3200 City Terrace
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Harrison Street Elementary School 3529 City Terrace Drive, Los Angeles, CA 90063 | K-6 | 0.4 mi |
Engineering And Technology Academy At Esteban E. Torres High No. 3 4211 Dozier Street, Los Angeles, CA 90063 | 9-12 | 1.1 mi |
East Los Angeles Renaissance Academy At Esteban E. Torres High No. 2 4211 Dozier Street, Los Angeles, CA 90063 | 9-12 | 1.1 mi |
Humanitas Academy Of Art And Technology At Esteban E. Torres High No. 4 4211 Dozier Street, Los Angeles, CA 90063 | 9-12 | 1.1 mi |
Social Justice Leadership Academy At Esteban E. Torres High No. 5 4211 Dozier Street, Los Angeles, CA 90063 | 9-12 | 1.1 mi |
Hilda L. Solis Learning Academy School Of Technology, Business And Education 319 North Humphreys Avenue, Los Angeles, CA 90022 | 9-12 | 1.3 mi |
James A. Garfield Senior High School 5101 E. Sixth St., Los Angeles, CA 90022 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3200 City Terrace
Date
Details
Price
Change
Source
2/23/2026
Listed
$1,200,000
207.69%
MLS
1/03/1992
Sold
$390,000
—
Public Record
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
Tax History for 3200 City Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,295
5%
$89,675
4%
2023
$2,193
3%
$86,194
2%
2022
$2,129
1%
$84,505
2%
2021
$2,107
—
$82,849
1%
2020
$2,112
2%
$82,001
2%
2019
$2,065
4%
$80,394
2%
2018
$1,984
1%
$78,819
2%
2017
$1,955
2%
$77,274
2%
2016
$1,918
1%
$75,759
2%
2015
$1,898
—
$74,622
2%
2014
$1,895
1%
$73,161
—
2013
$1,883
—
$72,831
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3200 City Terrace
3200 City Terrace, Los Angeles, CA 90063 (MLS# DW26039713) is a Retail property. 3200 City Terrace is currently listed for $1,200,000 and was received on February 23, 2026. Want to learn more about 3200 City Terrace? Do you have questions about finding other Retail real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

