Properties for Sale in City Terrace, California, United States

Real estate in City Terrace

California, particularly the County of Los Angeles, has an array of places that captivate both homebuyers and real estate investors. One hidden gem that should be part of your radar is City Terrace, found in East Los Angeles. This culturally rich neighbourhood is a confluence of scenic landscapes, striking murals, and a melting pot of distinctive architectural styles. Its proximity to downtown Los Angeles and impressive skyline views have earned City Terrace a reputation as the "Hidden Jewel of East LA." Before you start dialing a local real estate broker, it's important to familiarize yourself with the real estate market landscape in City Terrace. Explore the variety of homes available for sale, their unique features, and the going price for acquiring property in this vibrant neighborhood. The variety spans from charming Spanish-style homes, traditional bungalows, to modern condos, providing a unique blend that reflects the diversity of the community. City Terrace, with its lively, cultural vibe mixed with a touch of tranquility, might just be the perfect spot for your new home or investment property.

City Terrace properties: Market trends overview

The property market in City Terrace, California, has been witnessing a consistent increase in property values, making it popular among international investors, particularly from East Asia, Canada, Europe, and different parts of the United States. Its prime location near the heart of Los Angeles makes it an ideal place to combine urban living with easy access to numerous recreational activities like hiking, golfing, and the thriving nightlife. City Terrace's proximity to bustling Los Angeles offers easy connectivity to this vibrant, cosmopolitan city. City Terrace provides a dynamic city setting, a rich ethnic and cultural tapestry, and an excellent quality of life. Over the years, local lawmakers in City Terrace have been channeling a growing amount of investment into the development of the area, resulting in a broad range of property offerings for home buyers, both local and foreign. The range includes modern townhouses, stylish apartment complexes, chic villines, classic Californian bungalows, and luxury penthouses. There is a diverse array of properties for sale in City Terrace, California, to cater to every budget and lifestyle preference, making this culturally rich neighborhood one of the most inviting for foreign buyers.

Average price of a property for sale in City Terrace

What price range should you budget for when shopping in City Terrace, California? There isn't a definitive answer due to a multitude of factors that can affect the cost, which include the type of property, proximity to downtown and coastal areas, local amenities, and individual tastes (like high-end features, size, convenience, among others). Current data suggests that the top asking price for properties in City Terrace, California was $620 per square foot. The costliest properties are typically found in the vicinity of the City Terrace Hill area. On the other hand, the most affordable values, averaging around $540 per square foot, are in the areas surrounding Hawkins Natural Park. The median list cost for a residential property currently hovers around $632,500.

Types of properties can you find in City Terrace

In City Terrace, California, the real estate market offers a variety of property types, ranging from contemporary apartments, upscale condominiums, lavish beachfront properties, to classic American bungalows. The top-tier real estate is typically situated in secure residential communities. There is an abundance of 3-4 bedroom apartments equipped with expansive patios and two-story residences. Uniquely, each floor in these multi-level houses usually has its own entrance along with large patios and a dedicated kitchen. Alternatively, there are modern villas positioned in the scenic locales of City Terrace, offering ocean views, easy beach access, making it a desirable location for potential homeowners. The properties in City Terrace, California, provide a unique blend of urban living and beach-side tranquility.