1311 W 38th, Los Angeles, CA 90062
1311 W 38th, Los Angeles, CA 90062
1311 W 38th, Los Angeles, CA 90062
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,425,000
Est. payment /mo
5,253 Sqft Lot
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID RS26115689

HOA Y/N No

Year Built 1921

Lot Size 5,253 Sqft

Property Sub-Type Triplex

Property Description

We are pleased to present this Multifamily Investment opportunity located in Los Angeles consisting of if three units : (2) two-bedroom/one bath units and (1) one-bedroom/one bath unit.

The property is currently undergoing renovations and is completely vacant and is being offered in its current condition. For buyers seeking a fully completed renovated property, pricing will be adjusted accordingly based on the scope and level of finishes requested.
The property is currently vacant and this also adds value because the new buyer will be able to establish market rents day one.

The property is zoned LARD 1.5 which may allow up to 8-10 total units, subject to the buyers verification with the city.
This creates a strong value-add component and a redevelopment opportunity for the right investor seeking additional density and long-term upside potential.
This area has shown tons of growth and lots of business development in the immediate area is good for economic growth.

Rendered Pictures are Renderings of the existing structure.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Interior

Fireplace No

Laundry Gas Dryer Hookup

Exterior

Pool None

Community Features Urban

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5036001012

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

Read Less Info
CRMLS Full IDX Feed (MAIN Website Search)
Listed by Alex Figueroa eXp Realty of Southern CA 714-757-3822, DRE #01173239

NEARBY SCHOOL & BUSINESS

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
$
$
%
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Serving Southern California

Customized quick search tools to explore nearby zip codes, cities, and neighborhoods in your favorite destinations

There are 30 quick searches
 
Serving Arizona
Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations
More