ActiveSingleFamilyResidence

3226 City Terrace Drive

Los Angeles, CA, 90063

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$583,000

MLS: 26672991

Beds

2

Baths

1

Sq Ft

1,160

Lot

0.10 ac

Year Built

1926

MLS #

26672991

Days on Market

21

Listed

Apr 1, 2026

Description

This property is now active in an online auction. Auction starts Monday 4/27 and ends Wednesday 4/29. All bids must be submitted during the auction period via the property's listing page. The sale will be subject to a 5% buyer's premium pursuant to the Auction Terms and Conditions (minimums may apply). All auction bids will be processed subject to seller approval. Call listing agent for more details. Attention investors and experienced buyers, this 2-bedroom, 1-bathroom home is ideally located in East Los Angeles near parks, recreation centers, and the public library. Sold as-is, fully occupied and no interior access. Exact occupancy and bedroom/bathroom count unknown. Drive by only. Do not disturb. Cash only.

Location

Los Angeles, Los Angeles County, CA 90063

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Listed by: Tiffany Dalgic · Coldwell Banker Realty

Payment estimate

$4,350

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $58,300 · Loan: $524,700

%
Principal & Interest
$3,224
Property tax (1.25%)
$607
Homeowners insurance
$300
Mortgage insurance
$219
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $20,405 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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