1397 W 38Th St, Los Angeles, CA 90062
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1397 W 38Th St Los Angeles, CA 90062

$550,000 Sold Price as of 08/07/2023
  • 4 Beds
  • 2 Baths
  • 1,208 Sq.Ft.
Sold
$550,000 Sold Price as of 08/07/2023 Refinance Your Mortgage

Map preview of 1397 W 38Th St, Los Angeles, CA 90062

Property Overview: 1397 W 38Th St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,208 living square feet and 5,286 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Well priced fixer located in the heart of LA. Central to Exposition Park, Jefferson and Leimert Park and Downtown LA. Just 5 minutes to the USC Campus. Good size lot over 5,200 sf. Great opportunity for renovation or new construction. Updated and remodeled homes in the neighborhood have been selling for $750k to over $1million. This property is a heavy fixer and is being sold as-is with no repairs or credits. Must be a cash sale..not likely to obtain bank financing. This is the lowest priced property currently for sale in 90062. Great opportunity..won't last!

Listed by Martin Feinberg | BRE #00977561 | KW Advisors
Last checked: 8 minutes ago | Last updated: August 9th, 2023 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
5,286
HOA Dues
$0/mo
Year built
1907
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
23293541
City
Los Angeles
County
Los Angeles
Time on Site
426 days

Property Details for 1397 W 38Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Living Room
Kitchen Information
  • Has Appliances
  • Refrigerator
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Has View
  • Common Walls: No Common Walls
  • Parcel Number: 5036002011
  • Architectural Style: Craftsman
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: One block south of exposition. Location on 38th st between Normandie and Denker ave.
View more facts & features

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Sale History for 1397 W 38Th St

Last sold for $550,000 on August 7th, 2023
  • August, 2023

  • Aug 7, 2023

    Date

    Sold

    CRMLS: 23293541

    $550,000

    Price

  • Jul 23, 2023

    Date

    Active

    CRMLS: 23293541

    $500,000

    Price

Tax History for 1397 W 38Th St

Assessed Value (2020): $123,779
Year Land Value Improved Value Assessed Value
2020 $89,204 $34,575 $123,779

Home Value Compared to the Market

This property vs the competition

1397 W 38Th St sold on August 7, 2023 for 55.36% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $413.91 per/sqft which puts the price per square foot 42.83% lower than the current median sale per square foot for the city of Los Angeles.

About 1397 W 38Th St

Detailed summary of property

1397 W 38Th St is a single family home that recently sold in Los Angeles, CA 90062. This house offered 4 bedrooms, 2 bathrooms, roughly 1,208 living square feet, and sits on an approximately 5,286 square foot lot. 1397 W 38Th St was first listed on ArdentRealEstateGroup.com on July 24, 2023. The homeowner sold the property for $550,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 55.36% lower than the current median priced home. Local homes that are currently for sale include 1253 W 61st St, 1042 S Kingsley Dr #101 and 5842 Denver Ave. While the average home in Los Angeles, CA is selling in 105 days, 1397 W 38Th St has a days on market of 3 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. For more information on this home for sale at 1397 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 1397 W 38Th St

Public county record property details
Beds
4
Baths
2
Year built
1907
Sq. Ft.
1,208
Lot Size
5,286
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5036-002-011

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
$850,000
Median List Price/Sq.Ft.
$560
Median Sold Price
$645,000
Median Sold Price/Sq.Ft.
$477
Total Inventory
38
Median Sale to List Price %
104.88%
Avg Days on Market
19
Loan Type
Conventional (12.5%), FHA (25%), VA (0%), Cash (37.5%), Other (12.5%)

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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.