1171 W 38Th St, Los Angeles, CA 90037
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1171 W 38Th St Los Angeles, CA 90037

$1,075,000
  • 3 Beds
  • 3 Baths
  • 2,100 Sq.Ft.
For Sale
$1,075,000 Get Pre-Qualified

Map preview of 1171 W 38Th St, Los Angeles, CA 90037

Property Overview: 1171 W 38Th St Los Angeles, CA has 3 bedrooms, 3 bathrooms, 2,100 living square feet and 6,212 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Beautiful triplex located exactly 3 blocks away from the steps of USC’s Campus.

Listed by Kevin Wheaton | BRE #01377584 | K & K Group, Inc.
Last checked: 3 minutes ago | Last updated: September 17th, 2024 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
6,212
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Triplex
Status
Active
MLS#
PW24192629
City
Los Angeles
County
Los Angeles
Time on Site
2 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,285
  • Total Rent: $1,285
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,210
  • Total Rent: $1,210
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,205
  • Total Rent: $1,205
  • Pro Forma/Market Rent: $2,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $44,400
  • Net Operating Income: $39,900
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,500
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $2,000
  • Insurance: $2,500
  • Water/Sewer: $0

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Property Details for 1171 W 38Th St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5037014013
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 110 freeway north exit Exposition make a left… then make a right onto Figueroa, drive and make a left onto Exposition, make a left onto Vermont and then a right onto 38th st
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 1171 W 38Th St

View property's historical transactions
  • September, 2024

  • Sep 16, 2024

    Date

    Active

    CRMLS: PW24192629

    $1,075,000

    Price

Tax History for 1171 W 38Th St

Assessed Value (2020): $209,994
Year Land Value Improved Value Assessed Value
2020 $133,001 $76,993 $209,994

Home Value Compared to the Market

This property vs the competition

1171 W 38Th St is listed 10.42% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $511.9 per/sqft which puts the price per square foot 33.35% lower than the median price per square foot for the city of Los Angeles.

About 1171 W 38Th St

Detailed summary of property

1171 W 38Th St is a triplex located in Los Angeles, CA 90037 and is currently for sale. This triplex offers 3 bedrooms, 3 bathrooms, roughly 2,100 living square feet, and sits on an approximately 6,212 square foot lot. 1171 W 38Th St was first listed on ArdentRealEstateGroup.com on September 16, 2024. The homeowner is currently asking $1,075,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 10.42% lower than the median priced home. Local competing homes currently for sale include 862 W 41st St, 832 W 41st St and 828 W 41st St. While the average home in Los Angeles, CA is selling in 106 days, 1171 W 38Th St has a days on market of 3 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1171 W 38Th St Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1171 W 38Th St

Public county record property details
Beds
3
Baths
3
Year built
1928
Sq. Ft.
2,100
Lot Size
6,209
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12,13
APN
5037-014-013

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$688,000
Median List Price/Sq.Ft.
$546
Median Sold Price
$626,228
Median Sold Price/Sq.Ft.
$437
Total Inventory
36
Median Sale to List Price %
125.5%
Avg Days on Market
17
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.