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1345 W 38Th St, Los Angeles, CA 90062
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1345 W 38Th St Los Angeles, CA 90062

$1,330,000 Sold Price as of 07/26/2019
  • 26 Beds
  • 21 Baths
  • 4,780 Sq.Ft.
Sold
$1,330,000 Sold Price as of 07/26/2019 Refinance Your Mortgage
Map preview of 1345 W 38Th St, Los Angeles, CA 90062

Property Overview: 1345 W 38Th St Los Angeles, CA has 26 bedrooms, 21 bathrooms, 4,780 living square feet and 6,681 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Circa 1925 Mission Revival Style 6-unit building in King Estates, adjacent to USC & 160-acre urban-Exposition Park. Stroll to classes, metro line, museums, coliseum & mega stadium events. Building consist of (4) 1 bedrooms & (2) 2 bedrooms units with laundry in 4 units. High ceilings, original character details, faux fireplaces & 4 separate 1- car garages & 2 off street parking spaces. Actual rents are below market rates. Tremendous upside potential for the astute investor/buyer. 3 units to be delivered vacant, possibly 4. Live in one & pay your mortgage with the rents from the others. Wonderful opportunity to own a piece of LA's Roaring 1920's History. Attention Preservationist, Architects, Interior Designers & like minded individuals…Tweak this one to its original Historic Architectural Glory…Possible Mills Act candidate?!? Buyer to verify!

Listed by John Dickey | BRE #00882872 | Coldwell Banker Residential Br
Last checked: 4 minutes ago | Last updated: May 5th, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
6,681
HOA Dues
$0/mo
Year built
1925
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
19478726
City
Los Angeles
County
Los Angeles
Time on Site
1212 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $756
  • Total Rent: $756
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 5
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 6
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $763
  • Total Rent: $763
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Improvements Total: $232,999
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1345 W 38Th St

Interior Features
Laundry Information
  • Has Laundry
  • Common Area, Community
Fireplace Information
  • Has Fireplace
  • Decorative
Room Information
  • Flooring: Carpet, Tile
Kitchen Information
  • Has Appliances
  • Counter Top, Gas Cooking, Refrigerator
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Other
Lot Information
  • Lot Features: Front Yard, Park Nearby
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 6
  • Parcel Number: 5036001020
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Amenities: Trash, Water
Location / Neighborhood
Location Information
  • Directions: South of Exposition, North of MLK Blvd, West of Normandie, East of Western
View more facts & features

Local Los Angeles Agent

Sale History for 1345 W 38Th St

Last sold for $1,330,000 on July 26th, 2019

  • July, 2019

  • Jul 29, 2019

    Date

    Sold

    CRMLS: 19478726

    $1,330,000

    Price

  • Jun 28, 2019

    Date

    Pending

    CRMLS: 19478726

    $1,250,000

    Price

  • Jun 17, 2019

    Date

    Active

    CRMLS: 19478726

    $1,250,000

    Price

  • July, 2019

  • Jul 26, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,330,000

    Price

  • January, 2015

  • Jan 26, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1345 W 38Th St

Assessed Value (2020): $1,330,000
Year Land Value Improved Value Assessed Value
2020 $900,000 $430,000 $1,330,000

Home Value Compared to the Market

This property vs the competition

1345 W 38Th St sold on July 26, 2019 for 5.04% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $261.51 per/sqft which puts the price per square foot 65.36% lower than the current median sale per square foot for the city of Los Angeles.

About 1345 W 38Th St

Detailed summary of property

1345 W 38Th St is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 26 bedrooms, 21 bathrooms, roughly 4,780 living square feet, and sits on an approximately 6,681 square foot lot. 1345 W 38Th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,330,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 5.04% higher than the current median priced home. Local homes that are currently for sale include 4112 Dalton Ave, 3714 S St Andrews Pl and 1414 W 30th St. While the average home in Los Angeles, CA is selling in 94 days, 1345 W 38Th St has a days on market of 11 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1345 W 38Th St Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1345 W 38Th St

Public county record property details
Beds
10
Baths
6
Year built
1925
Sq. Ft.
4,780
Lot Size
6,681
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5036-001-020

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$855,000
Median List Price/Sq.Ft.
$578
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$553
Total Inventory
31
Median Sale to List Price %
85.49%
Avg Days on Market
49
Loan Type
Conventional (80%), FHA (20%), 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.

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