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631 E 38th St, Los Angeles, CA 90011
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631 E 38th St Los Angeles, CA 90011

$865,000 Sold Price as of 11/23/2022
  • 6 Beds
  • 5 Baths
  • 2,124 Sq.Ft.
Sold
$865,000 Sold Price as of 11/23/2022 Refinance Your Mortgage
Map preview of 631 E 38th St, Los Angeles, CA 90011

Property Overview: 631 E 38th St Los Angeles, CA has 6 bedrooms, 5 bathrooms, 2,124 living square feet and 4,800 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Don't miss it this this time. A must see property, 2 on a lot. Investors and First Time Home Buyers. An excellent opportunity ready to move in. Front house was upgraded 2021 it features and use are 4 bedrooms 3 bathrooms and rear unit is brand new unit built 2022 featuring 2 bedrooms and 2 bathrooms. Live in one unit and rent the other or rent both upside passive income. Appliances are included. Property is turn key. close drive to Banc of California Stadium, University of Souuthern California (USC), parks, museums, centrally located within driving distance to the beach, mountains, desert, downtown LA, Hollywood, surrounding cities and areas.

Listed by Bayron Bliss | BRE #01210930 | Bayron Bliss, Broker
Last checked: 4 minutes ago | Last updated: November 27th, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
4,800
HOA Dues
$0/mo
Year built
1905
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
RS22222516
City
Los Angeles
County
Los Angeles
Time on Site
567 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $2,900
  • Pro Forma/Market Rent: $2,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $55,200
  • Net Operating Income: $55,200
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $1,100
  • Water/Sewer: $3,000

Property Details for 631 E 38th St

Interior Features
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5121006033
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Sewer Connected
Location / Neighborhood
Location Information
  • Directions: Avalon and 38th St
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Los Angeles Agent

Sale History for 631 E 38th St

Last sold for $865,000 on November 23rd, 2022

  • November, 2022

  • Nov 23, 2022

    Date

    Sold

    CRMLS: RS22222516

    $865,000

    Price

  • Oct 14, 2022

    Date

    Active

    CRMLS: RS22222516

    $850,000

    Price

  • August, 2022

  • Aug 8, 2022

    Date

    Sold

    CRMLS: RS22124777

    $815,000

    Price

  • Jun 10, 2022

    Date

    Active

    CRMLS: RS22124777

    $824,900

    Price

  • Listing provided courtesy of CRMLS

    2 on a lot. Investors and First Time Home Buyers. An excellent opportunity ready to move in. Front house has been upgraded 2021 it features 4 bedrooms 3 bathrooms and rear unit is brand new built 2022 featuring 2 bedrooms and 2 bathrooms. Live in one unit and rent the other or rent both and collect passive income. Appliances are included. A great property overall property.

  • April, 2022

  • Apr 15, 2022

    Date

    Canceled

    CRMLS: RS21259702

    $725,000

    Price

  • Dec 4, 2021

    Date

    Active

    CRMLS: RS21259702

    $725,000

    Price

  • Listing provided courtesy of CRMLS

    Beautiful Home, so many improvements it needs to be seen to be appreciated. This home is like new. Current use is 4 bedrooms 3 baths, 2 bedrooms have master bathrooms in them. New Kitchen counter tops and cabinets, new bathrooms, new flooring, central heater, bedrooms have ceiling fans. Raised foundation. ADU Ready to be completed and generate great rental income or keep the yard for an owner occupied home that rather have space.

  • December, 2020

  • Dec 23, 2020

    Date

    Sold

    CRMLS: DW20222351

    $310,000

    Price

  • Oct 21, 2020

    Date

    Pending

    CRMLS: DW20222351

    $400,000

    Price

  • Oct 21, 2020

    Date

    Active

    CRMLS: DW20222351

    $400,000

    Price

  • Listing provided courtesy of CRMLS

    ATTENTION INVESTORS DEVELOPERS ZONED LARD2 FLIP THIS ONE OR BUILT 2 5 BR UNITS

  • December, 2020

  • Dec 23, 2020

    Date

    Sold (Public Records)

    Public Records

    $310,000

    Price

  • December, 2020

  • Dec 23, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 631 E 38th St

Assessed Value (2020): $18,653
Year Land Value Improved Value Assessed Value
2020 $11,180 $7,473 $18,653

Home Value Compared to the Market

This property vs the competition

631 E 38th St sold on November 23, 2022 for 28.57% 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 $400.19 per/sqft which puts the price per square foot 46.99% lower than the current median sale per square foot for the city of Los Angeles.

About 631 E 38th St

Detailed summary of property

631 E 38th St is a duplex that recently sold in Los Angeles, CA 90011. This duplex offered 6 bedrooms, 5 bathrooms, roughly 2,124 living square feet, and sits on an approximately 4,800 square foot lot. 631 E 38th St was first listed on ArdentRealEstateGroup.com on October 18, 2022. The homeowner sold the property for $865,000. 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 28.57% lower than the current median priced home. Local homes that are currently for sale include 218 E 27th St, 4206 Naomi Ave and 1135 E 24th St. While the average home in Los Angeles, CA is selling in 94 days, 631 E 38th St has a days on market of 8 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 631 E 38th St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 631 E 38th St

Public county record property details
Beds
3
Baths
2
Year built
1905
Sq. Ft.
1,310
Lot Size
4,800
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
217
APN
5121-006-033

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$460
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
38
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

Thinking of Selling?

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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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