Search
1411 W 38Th St, Los Angeles, CA 90062
View Photos

1411 W 38Th St Los Angeles, CA 90062

$900,000 Sold Price as of 09/28/2020
  • 10 Beds
  • 7 Baths
  • 2,468 Sq.Ft.
Sold
$900,000 Sold Price as of 09/28/2020 Refinance Your Mortgage
Map preview of 1411 W 38Th St, Los Angeles, CA 90062

Property Overview: 1411 W 38Th St Los Angeles, CA has 10 bedrooms, 7 bathrooms, 2,468 living square feet and 5,288 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Triplex located in a very desirable IRS Opportunity Zone with huge tax benefits. First time on the market in over 50 years. Close to USC, walking distance to Metro, near the 10/110 freeway, minutes to DTLA and the new LAFC soccer stadium. 2 of 3 units are vacant. Please call for more information regarding the occupied unit. Front house is 3Bed/2Bath; Back unit consists of 1bed/1bath downstairs and 2bed/1bath upstairs. With projected rents you can anticipate a Cap Rate of 7%. Property is fully gated with a private driveway for front house and separate parking for back units with entrance from the alley. Recent Upgrades include: All New Water Heaters; Upgrades to Kitchen and Bathroom; Recently Painted.

Listed by Nathan Paterson | BRE #02053157 | Boutique Realty
Co-listed by Allen Brodetsky | BRE #01845633 | Boutique Realty
Last checked: 14 minutes ago | Last updated: March 18th, 2023 | Source CRMLS | DOM: 154

Home details

Lot Sq. Ft
5,288
HOA Dues
$0/mo
Year built
1908
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19505792
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $3,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7%
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1411 W 38Th St

Interior Features
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 5036002014
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Exposition Blvd. and Normandie Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 1411 W 38Th St

Last sold for $900,000 on September 28th, 2020

  • October, 2020

  • Oct 2, 2020

    Date

    Sold

    CRMLS: 19505792

    $900,000

    Price

  • Aug 1, 2020

    Date

    Pending

    CRMLS: 19505792

    $945,000

    Price

  • Jul 31, 2020

    Date

    Active

    CRMLS: 19505792

    $945,000

    Price

  • Feb 10, 2020

    Date

    Pending

    CRMLS: 19505792

    $945,000

    Price

  • Sep 30, 2019

    Date

    Price Change

    CRMLS: 19505792

    $945,000

    Price

  • Sep 9, 2019

    Date

    Active

    CRMLS: 19505792

    $950,000

    Price

  • September, 2020

  • Sep 25, 2020

    Date

    Sold (Public Records)

    Public Records

    $900,000

    Price

  • August, 2020

  • Aug 1, 2020

    Date

    Expired

    CRMLS: 19520540

    $945,000

    Price

  • Jul 31, 2020

    Date

    Withdrawn

    CRMLS: 19520540

    $945,000

    Price

  • Feb 10, 2020

    Date

    Pending

    CRMLS: 19520540

    $945,000

    Price

  • Oct 15, 2019

    Date

    Active

    CRMLS: 19520540

    $945,000

    Price

  • Listing provided courtesy of CRMLS

    Great OWNER/INVESTOR opportunity awaits! This income producing triplex has lots of potential. Located in a very desirable IRS Opportunity Zone with huge tax benefits. ALL UNITS WILL BE DELIVERED VACANT AT COE. First time on the market in over 50 years. Close to USC, walking distance to Metro, near the 10/110 freeway, minutes to DTLA and the new LAFC soccer stadium. Front house is 3Bed/2Bath; Back unit consists of 1bed/1bath downstairs and 2bed/1bath upstairs. Property is fully gated with a private driveway for front house and separate parking for back units with entrance from the alley. Recent Upgrades include: All New Water Heaters (3); Upgrades to Kitchen (x2) and Bathroom; Recently Painted.

Show More

Tax History for 1411 W 38Th St

Assessed Value (2020): $53,063
Year Land Value Improved Value Assessed Value
2020 $22,160 $30,903 $53,063

Home Value Compared to the Market

This property vs the competition

1411 W 38Th St sold on September 28, 2020 for 20.59% lower 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 $382.9 per/sqft which puts the price per square foot 49.28% lower than the current median sale per square foot for the city of Los Angeles.

About 1411 W 38Th St

Detailed summary of property

1411 W 38Th St is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 10 bedrooms, 7 bathrooms, roughly 2,468 living square feet, and sits on an approximately 5,288 square foot lot. 1411 W 38Th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $900,000. 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 20.59% lower than the current median priced home. Local homes that are currently for sale include 1496 W Vernon Ave, 1552 W Vernon Ave and 2621 Juliet St. While the average home in Los Angeles, CA is selling in 92 days, 1411 W 38Th St has a days on market of 154 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1411 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 1411 W 38Th St

Public county record property details
Beds
5
Baths
3
Year built
1908
Sq. Ft.
2,468
Lot Size
5,288
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
5036-002-014

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
$869,000
Median List Price/Sq.Ft.
$573
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$553
Total Inventory
30
Median Sale to List Price %
85.49%
Avg Days on Market
49
Loan Type
Conventional (80%), FHA (20%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1411 W 38Th St

Nearby Homes for Sale

1270 Exposition Blvd, Los Angeles, CA 90007
$729,900
4 Beds
2 Baths
1668 Sq.Ft.
1270 Exposition Blvd
Los Angeles, CA 90007
1362 W 37th Dr, Los Angeles, CA 90007
$750,000
3 Beds
2 Baths
1276 Sq.Ft.
1362 W 37th Dr
Los Angeles, CA 90007
3734 S Harvard Blvd, Los Angeles, CA 90018
$999,999
6 Beds
3 Baths
2498 Sq.Ft.
3734 S Harvard Blvd
Los Angeles, CA 90018
3734 S Harvard Blvd, Los Angeles, CA 90018
$999,999
6 Beds
3 Baths
2498 Sq.Ft.
3734 S Harvard Blvd
Los Angeles, CA 90018
1235 W 39th St, Los Angeles, CA 90037
$779,000
4 Beds
2 Baths
2149 Sq.Ft.
1235 W 39th St
Los Angeles, CA 90037
1286 W 39th Pl, Los Angeles, CA 90037
$925,000
5 Beds
5 Baths
1384 Sq.Ft.
1286 W 39th Pl
Los Angeles, CA 90037
3945 Denker Ave, Los Angeles, CA 90062
$849,900
11 Beds
6 Baths
4790 Sq.Ft.
3945 Denker Ave
Los Angeles, CA 90062
1306 W Martin Luther King Jr Blvd, Los Angeles, CA 90037
$880,000
4 Beds
4 Baths
3844 Sq.Ft.
1306 W Martin Luther King Jr Blvd
Los Angeles, CA 90037
3915 Walton Ave, Los Angeles, CA 90037
$950,000
13 Beds
10 Baths
3314 Sq.Ft.
3915 Walton Ave
Los Angeles, CA 90037
1266 W 35th Pl, Los Angeles, CA 90007
$995,000
11 Beds
6 Baths
1552 Sq.Ft.
1266 W 35th Pl
Los Angeles, CA 90007
1719 W 35th St, Los Angeles, CA 90018
$998,500
7 Beds
3 Baths
1990 Sq.Ft.
1719 W 35th St
Los Angeles, CA 90018
1823 W Martin Luther King Jr Blvd, Los Angeles, CA 90062
$850,000
4 Beds
4 Baths
2358 Sq.Ft.
1823 W Martin Luther King Jr Blvd
Los Angeles, CA 90062

Recently Sold Homes Near 1411 W 38Th St

1384 W 38th St, Los Angeles, CA 90062
$750,000 Last Sold Price
4 Beds
2 Baths
2168 Sq.Ft.
1384 W 38th St
Los Angeles, CA 90062
1363 W 38Th St, Los Angeles, CA 90062
$770,000 Last Sold Price
7 Beds
3 Baths
1768 Sq.Ft.
1363 W 38Th St
Los Angeles, CA 90062
1400 Exposition Blvd, Los Angeles, CA 90018
$1,500,000 Last Sold Price
12 Beds
4 Baths
3996 Sq.Ft.
1400 Exposition Blvd
Los Angeles, CA 90018
1345 W 38Th St, Los Angeles, CA 90062
$1,330,000 Last Sold Price
26 Beds
21 Baths
4780 Sq.Ft.
1345 W 38Th St
Los Angeles, CA 90062

Related Resources to 1411 W 38Th St

New Listings in 90062
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote