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Los Angeles, CA

$1,425,000

1311 W 38th, Los Angeles, CA
1921
Built
4
Days listed

About this home

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.

Facts & features

Interior
Laundry
Gas Dryer Hookup
Levels
One
Exterior & lot
Lot size
0.121 acres (5,255 sq ft)
Pool
None
Year built
1921
Community
Area
PHHT - Park Hills Heights
County
Los Angeles
Community features
Urban
Listing details
Status
Active
Property type
Triplex
Days on market
4
Listed
2026-05-28
Terms
Cash To New Loan
Parcel #
5036001012
MLS #
RS26115689
Listed by
Alex Figueroa · eXp Realty of Southern CA

Location

Price history

Listed
$1,425,000 · 2026-05-28
Days on market
4
Current price
$1,425,000
Financing

Could this home be yours?

Estimated monthly payment
$8,939
$7,206 principal & interest · $1,734 taxes & insurance
$285,000
Estimate only
Loan $1,140,000

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Listing data provided by CRMLS

Listing courtesy of eXp Realty of Southern CA. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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