New Listing
$1,375,000
 $7,381 est/mo Sourced by Back At You

1311 W 38th,Los Angeles, CA 90062

Los Angeles, CA 90062

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Description

We are pleased to present this Multifamily Investment opportunity located in Los Angeles consisting of if three units : (2) two-bedroom/one bath units and (1) one-bedroom/one bath unit. The property is currently undergoing renovations and is completely vacant and is being offered in its current condition. For buyers seeking a fully completed renovated property, pricing will be adjusted accordingly based on the scope and level of finishes requested. The property is currently vacant and this also adds value because the new buyer will be able to establish market rents day one. The property is zoned LARD 1.5 which may allow up to 8-10 total units, subject to the buyers verification with the city. This creates a strong value-add component and a redevelopment opportunity for the right investor seeking additional density and long-term upside potential. This area has shown tons of growth and lots of business development in the immediate area is good for economic growth. Rendered Pictures are Renderings of the existing structure.

Details

MLS #RS26237664
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1921
Days On Site7
Listing Provided ByeXp Realty of Southern CA | Alex Figueroa

Features

SQ Feet2,608
Story(s)1
Units3
Building(s)3
Acreage0.12

Exterior

Lot FeaturesTwo To Five Units Acre

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesUrban

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90062
AreaPHHT Park Hills Heights
Listing VS Median (in 90062)
Price:
$1,375,000
low | high
Med:
$799,450
91.858181818182% of Average
sqft:
2,608
low | high
Med:
2,389
58.397239263804% of Average
$ / sqft:
$527
low | high
Med:
$403
73.574192788712% of Average
On site:
7
low | high
Med:
198
3.535353535354% of Average
Sourced by Back At You

Market Activity 90062

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Learn More About This Property

Bruce Hatrak

Bruce Hatrak

Desert Lifestyle Properties

02054055 (760) 516-1741bmhatrak@gmail.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90062
AreaPHHT Park Hills Heights
Listing VS Median (in 90062)
Price:
$1,375,000
low | high
Med:
$799,450
91.858181818182% of Average
sqft:
2,608
low | high
Med:
2,389
58.397239263804% of Average
$ / sqft:
$527
low | high
Med:
$403
73.574192788712% of Average
On site:
7
low | high
Med:
198
3.535353535354% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.031M - $1.718M
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
1416 W 37th Drive Property Photo 1
$1,700,000
1416 W 37th Drive
Los Angeles, CA 90018
Listing Updated: November 5, 2026 at 6:27:32 AM PST