1163 W 38th Street
Los Angeles, CA 90037

  • 5 beds
  • – baths
  • 1,715 sqft
  • 6,209 sqft lot
  • $874 per sqft
  • 1922 build
  • on site

Price Reduced. Motivated Seller. We are pleased to present 1163 W. 38th Street, a vacant, three unit well-maintained and pride-of-ownership value-add multifamily building with a fully permitted ADU, in the fast-growing South LA submarket of Los Angeles. The subject building consists of 1 x 3 bed/3 bath unit, 1 x 2 bed/1 bath unit and a fully permitted ADU studio unit. All of the units are delivered furnished and were remodeled and painted in 2023 and include new flooring, kitchens and appliances. Unit One offers separate entrances creating flexible renting options including renting as 1 bed/1 bath units. The property sits near the corner of W. 38th Street and S. Budlong Avenue on a large 6,209 square foot parcel zoned LAR4. The tenants benefit from a long, gated driveway, nicely landscaped front yard and covered patio between the two detached units. This building has been well-maintained and has good bones. Excellent location in the heart of the South Figueroa Corridor just two blocks west of Exposition Park which includes BMO Stadium, the LA Memorial Coliseum, the California Science Center and the Natural History Museum of Los Angeles County. Enjoy Airbnb income! The University of Southern California is a half mile northeast of the property. Easy access to the 110 Freeway at W.

bridgeMLS logo Listing courtesy of BRIDGE / Maher Commercial Realty

Last checked: Checking… • Last updated Apr 11, 2024 •

MLS# CL24349681 —

This property is listed in more than one place. See it here.

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Walk Score®

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Sale history

Date Event Source Price % Change
4/9/24
Price Changed BRIDGE $1,499,000 -3.3%
1/20/24
Listed / Active BRIDGE $1,550,000 115.3% (21.7% / YR)
10/1/18
CRMLS_CA $720,000

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Listing provided by broker:

Oron Maher

Maher Commercial Realty

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This multifamily located in South La, Los Angeles, CA 90037 is currently for sale for $1,499,000. 1163 W 38th Street is a 1,715 square foot multifamily with 5 beds and – baths that has been on Estately for 103 days. 1163 W 38th Street is in the South La neighborhood of Los Angeles and has a WalkScore® of 66, making it somewhat walkable. This multifamily is in the attendance area of Lenicia B Weemes Elementary School and Foshay Learning Center.

bridgeMLS logo Listing courtesy of Maher Commercial Realty

bridgeMLS logo Listing Courtesy of: BRIDGE, data current as of 05:34 on May 02.

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