1763 W 38Th St, Los Angeles, CA 90062
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1763 W 38Th St Los Angeles, CA 90062

$475,000 Sold Price as of 04/08/2021
  • 4 Beds
  • 2 Baths
  • 1,588 Sq.Ft.
Sold
$475,000 Sold Price as of 04/08/2021 Refinance Your Mortgage

Map preview of 1763 W 38Th St, Los Angeles, CA 90062

Property Overview: 1763 W 38Th St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,588 living square feet and 4,499 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Diamond in the rough duplex in LeimertPark, one of the hottest neighborhoods in LosAngeles! This Spanish style side-by-side duplex features units that are 2 bedrooms, one bath, and was built in 1926. The corner lot has a 2 car garage that is accessed via S Gramercy Pl. One unit rents for $850, the other for $800. This is a great investment opportunity and won't last! Property is being sold with tenants in place and will not be delivered vacant. PLEASE DO NOT GO ON PROPERTY OR DISTURB TENANTS. Agents, please read private remarks for important information, thank you.

Listed by Grace Fogg Miranda | BRE #01275725 | Keller Williams World Media Cn
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
4,499
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21697626
City
Los Angeles
County
Los Angeles
Time on Site
1157 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 27.7
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1763 W 38Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage, Street
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5035033035
Location / Neighborhood
Location Information
  • Directions: North of W Martin Luther King Jr Blvd, East of Arlington Ave, West of Western Ave, South of Exposition Blvd
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Sale History for 1763 W 38Th St

Last sold for $475,000 on April 8th, 2021
  • April, 2021

  • Apr 9, 2021

    Date

    Sold

    CRMLS: 21697626

    $475,000

    Price

  • Mar 9, 2021

    Date

    Pending

    CRMLS: 21697626

    $495,000

    Price

  • Mar 6, 2021

    Date

    Hold

    CRMLS: 21697626

    $495,000

    Price

  • Feb 25, 2021

    Date

    Active

    CRMLS: 21697626

    $495,000

    Price

  • February, 2021

  • Feb 25, 2021

    Date

    Canceled

    CRMLS: 21681146

    $550,000

    Price

  • Feb 8, 2021

    Date

    Hold

    CRMLS: 21681146

    $550,000

    Price

  • Jan 16, 2021

    Date

    Active

    CRMLS: 21681146

    $550,000

    Price

  • Listing provided courtesy of CRMLS

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Tax History for 1763 W 38Th St

Assessed Value (2020): $32,675
Year Land Value Improved Value Assessed Value
2020 $15,440 $17,235 $32,675

Home Value Compared to the Market

This property vs the competition

1763 W 38Th St sold on April 8, 2021 for 58.4% 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 $311.71 per/sqft which puts the price per square foot 58.71% lower than the current median sale per square foot for the city of Los Angeles.

About 1763 W 38Th St

Detailed summary of property

1763 W 38Th St is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,588 living square feet, and sits on an approximately 4,499 square foot lot. 1763 W 38Th St was first listed on ArdentRealEstateGroup.com on March 9, 2021. The homeowner sold the property for $475,000. 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 58.4% lower than the current median priced home. Local homes that are currently for sale include 938 E 2nd St and 8054 Michael Dr. While the average home in Los Angeles, CA is selling in 94 days, 1763 W 38Th St has a days on market of 10 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 1763 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 1763 W 38Th St

Public county record property details
Beds
4
Baths
2
Year built
1926
Sq. Ft.
1,588
Lot Size
4,499
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
63,64
APN
5035-033-035

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.