$699,000 - 1451 Volney, City Terrace

City Terrace Home For Sale

Perched in the desirable hills of City Terrace neighborhood, this multi-generational fixer-upper presents a rare opportunity to create incredible potential along with stunning hillside and Downtown Los Angeles views. This spacious home features 4 bedrooms and 3 bathrooms. The property blends classic charm with opportunities for customization. The main level features a welcoming living room that flows seamlessly into a formal dining area and an open kitchen. Two bedrooms and two bathrooms are conveniently located on this level, along with an in-hallway laundry closet. A bright and airy family room highlights a charming brick fireplace and opens through sliding doors to a private balcony showcasing stunning Downtown LA views. A spiral staircase leads to the lower level. The lower level features two additional bedrooms with a private entrance; well-suited for extended family, rental income, and possible conversion into a separate unit. This level also has a laundry room and a bathroom with a shower. Central AC & heater upstairs, along with a split AC unit downstairs. The backyard provides a covered patio, usable outdoor space, and a variety of fruit trees; perfect for relaxing or entertaining. Additional highlights include a finished garage with strong ADU conversion potential (buyer to verify), creating an opportunity to significantly increase both property value and rental income. Ideally located on the border of Alhambra and Monterey Park, the property is close to City Terrace Elementary School, Cal State LA, Monterey Park Golf Club, Downtown Los Angeles, and major employment centers. Convenient access to the 10 and 710 freeways. Fantastic opportunity for investors, contractors, or owner-users seeking a versatile project with multiple exit strategies—fix and flip, buy and hold, or multi-unit conversion.