986 Gifford Avenue City Terrace, CA ^$ 495,000

986 Gifford Avenue

^$ 495,000

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986 Gifford Avenue

City Terrace, CA, 90063

^$ 495,000

Studio Baths1.0 Sq 1,218

Monthly Estimate*

^$ 3,048

Listed by Keller Williams Sierra Madre

986 Gifford Avenue, City Terrace, CA 90063 - Image 1

986 Gifford Avenue, City Terrace, CA 90063 - Image 2

986 Gifford Avenue, City Terrace, CA 90063 - Image 3

986 Gifford Avenue, City Terrace, CA 90063 - Image 4

986 Gifford Avenue, City Terrace, CA 90063 - Image 5

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Studio Multi-Family Home for sale in City Terrace, CA for $495,000 with 1 full bath. This 1,218 square foot home was built in 1948 on a lot size of 0.117.

986-988 Gifford Ave is a two-unit property located in the City Terrace neighborhood of East Los Angeles. The property features one 3 bedroom + 1 bathroom unit and one 2 bedroom + 1 bathroom unit. The property was built in 1948, and is 1,218 SF on a 5,097 SF lot. The front unit has its own car garage. Tenants enjoy being minutes from City Terrace Park and local schools. This is a great opportunity for an investment with lots of upside potential.

Multi-Family Pending

Price

^$ 495,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.117

Year Built

1948

Town/City

City Terrace

County/Region

Los Angeles

MLS | Web ID

AR25054990

Days on Market

327

Features

General

Sewer Public Sewer

Zoning LCR2YY

Garage Spaces 2

Pool Features None

Year Built 1948

Stories Count 1

Levels One

Property Subtype Duplex

Gross Income 39204

Community Features Sidewalks

County Los Angeles

Net Operating Income 25655

Operating Expense 12373

Insurance Expense 1595

New Construction false

Property Type Residential Income

Garage Y/N true

Special Listing Conditions Standard

Status Pending

Directions I-10 W to Floral Dr Exit 20C from I-710 S Continue on Floral Dr Take N Eastern Ave and Blanchard St to Gifford Ave

City City Terrace

Entry Location 1

Senior Community Y/N false

Open Parking Spaces 1

Number Of Units Total 2

MLS Area CTER - City Terrace

Lot Size Units Square Feet

Lot Size Square Feet 5098

Listing Terms Cash Cash to New Loan

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 30

Fuel Expense 0

Trash Expense 950

Water Sewer Expense 950

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Pending

Year Built Source Assessor

Tax Lot 41

Property Sub Type Additional Duplex

Taxes 5783

Interior

Total Stories 1

Common Walls 1 Common Wall

Laundry Features None

Entry Level 1

Exterior

Lot Features Walkstreet

Water Source Public

Total Parking 3

Lot Size Area 5098

Number of Buildings 2

Building Area Total 1218

Lot Size Acres 0.117

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

* Excluded Features

List By

Keller Williams Sierra Madre

Broker

jsingh@sigcommercial.com

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$3,048

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Monthly Principal & Interest: $3,048
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in East Los Angeles, CA

Average List Price ^$913,764

Percent of Sale Price 85%

About East Los Angeles, CA

127,030 Population

1% Since 2002

^$42,386 Median Income

31.98 Median Age

41% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$495,000		Listed Price

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986 Gifford Avenue, City Terrace, CA, 90063 is a Multi-Family Home for sale at $495,000 with 1,218 sqft and a lot size of 0.117. 986 Gifford Avenue is a studio with 1.0 baths and was built in 1948. The property's zip code is 90063 which is in City Terrace, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 2/1/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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