1311 W 38th, Los Angeles, CA 90062
1311 W 38th, Los Angeles, CA 90062
1311 W 38th, Los Angeles, CA 90062
4
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Listed by Alex Figueroa, DRE #01173239 • eXp Realty of Southern CA
$1,425,000
Est. payment /mo
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5,255 Sqft Lot
Active

1311 W 38th Los Angeles, CA 90062

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRRS26115689

Year Built 1921

Lot Size 5,255 Sqft

Property Sub-Type Triplex

Source California Regional MLS

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

Laundry Gas Hookup

Exterior

Pool None

Building

Story One Story

Water District - Public

Others

Tax ID 5036001012

Special Listing Condition Not Applicable


MLS Listing IDX PLUS
Alex Kononoff
Alex Kononoff

Agent | License ID: 01387648

+1(650) 207-5341 | alexander.kononoff@exprealty.com

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1311 W 38th