4122 City Terrace Drive

Local assessors in Los Angeles, CA have categorized 4122 City Terrace Drive as a commercial type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 4,963 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4122 City Terrace Drive has a total of 1,200 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 4122 City Terrace Drive is a 5 code building. This code stands for "specialized buildings that do not fit in any of the other categories.". We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4122 City Terrace Drive sold most recently in Feb 5, 2019 for a total of $300,000. If you work out the math, that's approximately a cost of $250.00 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,436 in taxes each year. 4122 City Terrace Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $321,658. If we break it down further, the land itself was valued at $310,937. Improvements to the property, however, were assessed at a total of $10,721. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.