CA > Los Angeles
Los Angeles, CA 90037,1163 W 38th St
Los Angeles, CA 90037,1163 W 38th St
Los Angeles, CA 90037,1163 W 38th St
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Ron Taibi

Ron Taibi

+1(661) 212-1135
$995,000
Est. payment /mo
5 Beds
4 Baths
1,715 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,715 sqft

Price per Sqft $580

MLS Listing ID 25578477

Bedrooms 5

Year Built 1922

Lot Size 6,211 Sqft

Acres 0.1426

Property Sub-Type Multi-Family

Property Description

We are pleased to present 1163 W. 38th Street, a well-maintained four (4) unit multifamily property, including a spacious garage equipped with its own bathroom, shower, and air conditioning, an excellent candidate for conversion into a studio ADU. The investment is located within an Opportunity Zone, (excellent tax benefits) and just blocks away from the University of Southern California, in the rapidly growing South Los Angeles submarket. The property features three (3) vacant 1-bedroom + 1-bathroom units and one (1) occupied 2-bedroom + 1-bathroom unit, currently being rented for $2,300/month. All units are delivered fully furnished and underwent a full remodel in 2023, including new flooring, updated kitchens, fresh paint, and modern appliances. Units 1, 2, and 3 were originally part of one large, spacious single-family residence. However, with each bedroom having its own separate entrance, the property has been reconfigured into three individual rental units offering flexible leasing options, including short-term, long-term, or Airbnb rentals. On title, this is registered as a Duplex, but the property is being utilized as a 4 unit investment with the addition of a garage. Situated on a large 6,209 SF LAR4-zoned lot, the property offers a long-gated driveway, a landscaped front yard, and a covered patio between the two detached structures. The building has been exceptionally maintained and offers solid structural integrity. The location is unbeatable just two blocks west of Exposition Park (BMO Stadium, LA Memorial Coliseum, California Science Center, and Natural History Museum) and within a half mile of USC. With the 110 Freeway nearby, tenants enjoy quick access to Downtown Los Angeles and beyond.Ideal for both traditional leasing and Airbnb/short-term rentals, this property combines move-in-ready condition with multiple income streams in one of LA's most dynamic growth areas.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LAR4

Rooms

Other Rooms Other, Shed(s)

Interior

Heating Other, Combination

Cooling Other, Dual

Equipment Range/Oven, Refrigerator, Washer, Dryer, Other, Freezer, Garbage Disposal, Microwave

Exterior

Parking Features Driveway, Other

Garage Spaces 5.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Hollywood Hills

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agent

Ron Taibi

+1(661) 212-1135

Agent | License ID: 01240158

Agent License ID: 01240158

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