1631 W 38th Los Angeles, CA $ 800,000
1631 W 38th
$ 800,000
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1631 W 38th

Los Angeles, CA, 90062
$ 800,000
Baths1.0 Sq 1,968

Monthly Estimate*

$ 5,051

Listed by MC Funding, Inc
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $800,000 with 1 full bath. This 1,968 square foot home was built in 1924 on a lot size of 0.124.

Solid investment opportunity located near the USC campus and Expo/Wester Expo Line station, featuring two 1-bedroom, 1-bathroom units plus an additional small 1-bedroom, 1-bathroom unit. The property includes five rear parking spaces along with convenient access to public transit and local amenities. Currents are on month-to-month contracts. *Buyers and buyers' agent must verify all information herein. ** Photos will be updated soon.

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Multi-Family Active

Price

$ 800,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.124

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

OC26181542

Days on Market

36

Features
General
Sewer Public Sewer
Heating Natural Gas Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Cable Available Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession See Remarks
Roof Asphalt
HOA Fee 0
Garage Spaces 0
Architectural Style Cottage
Pool Features None
Construction Materials Stucco
Year Built 1924
Tenant Pays All Utilities
View None
Stories Count 1
Levels One
Property Subtype Duplex
Gross Income 66000
Community Features Sidewalks Urban
Accessibility Parking
County Los Angeles
Net Operating Income 50780
Operating Expense 15220
Insurance Expense 1760
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions From south - Take Western Avenue and turn left at 38th Street.
City Los Angeles
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 3
MLS Area KREA - Koreatown
Lot Size Units Square Feet
Lot Size Square Feet 5403
Number of Units Leased 2
Listing Terms Cash Cash to New Loan Conventional Cal Vet Loan 1031 Exchange FHA 203(b) FHA 203(k) FHA Fannie Mae Freddie Mac Government Loan VA Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Current Financing Conventional
Fuel Expense 0
Property Condition Repairs Cosmetic
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 40
Total Actual Rent 3100
Property Sub Type Additional Duplex
Taxes 10160
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Interior
Flooring Laminate
Fireplace Features None
Total Stories 1
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Electric Dryer Hookup Gas Dryer Hookup
Entry Level 1
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Exterior
Fencing Chain Link
Parking Features Driveway Unpaved
Lot Features 16-20 Units/Acre
Water Source Public
Total Parking 4
Lot Size Area 5403
Foundation Details Slab
Number of Buildings 2
Spa false
Building Area Total 1968
Lot Size Acres 0.124
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 3
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type City Street
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* Excluded Features
List By
Mc Funding, Inc

Broker

kpchungrealty@gmail.com

Email

Affordability Calculator

$5,051
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,051
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/22/2026$800,000 Listed Price

Map


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1631 W 38th, Los Angeles, CA, 90062 is a Multi-Family Home for sale at $800,000 with 1,968 sqft and a lot size of 0.124. 1631 W 38th is a studio with 1.0 baths and was built in 1924. The property's zip code is 90062 which is in Los Angeles, CA