4257 City Terrace
East Los Angeles, CA, 90063
$525,000
MLS: WS26014544
Beds
1
Baths
1
Sq Ft
418
Lot
0.05 ac
Year Built
1979
MLS #
WS26014544
Days on Market
0
Listed
Jan 20, 2026
Description
For Sale: C3-Zoned Commercial Lot with Residential Unit – City Terrace Drive A rare investment opportunity in a prime urban corridor! This C3-zoned commercial lot features an existing 1-bedroom, 1-bathroom residential unit with approximately 481 SF, including a living room and kitchen and a carport in the back. Strategically located just 4.2 miles from Downtown Los Angeles and 0.4 mile from Cal State University, Los Angeles, with easy access to I-10 and I-710, the property offers excellent connectivity and visibility. The C3 zoning allows for a wide range of possibilities, including: • Residential development • Mixed-use projects • Storefront commercial space with attached residential unit This property is ideal for investors or owner-users seeking flexibility, redevelopment potential, and a strong foothold in a growing urban market.
Location
East Los Angeles, Los Angeles County, CA 90063
Open on Google Maps ↗Listed by: JENNIE CHING · KW Executive
Payment estimate
$3,947
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $52,500 · Loan: $472,500
- Principal & Interest
- $2,903
- Property tax (1.25%)
- $547
- Homeowners insurance
- $300
- Mortgage insurance
- $197
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 East Los Angeles home with as little as 3.5% down using an FHA loan — roughly $18,375 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.
Local Market Stats
See Los Angeles, CA 90063 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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