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2038 South Alma Street Los Angeles, CA $ 1,200,000
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$ 1,200,000 Get more info
2038 South Alma Street
$ 1,200,000
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2038 South Alma Street

Los Angeles, CA, 90731
$ 1,200,000
Baths0.0 Sq 2,608

Monthly Estimate*

$ 7,577

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,200,000. This 2,608 square foot home was built in 1936 on a lot size of 0.1.

Investment opportunity in San Pedro featuring a four-unit property with a versatile unit mix and four private one-car garages. The property includes three 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit. The two front units 2038 and 2038 1/2 Alma are single-level 2-bedroom attached residences. The two rear units are 982 W 21st, a 2-bedroom, 1-bathroom unit situated above three of the 1 car garages and 982 1/2 W 21st a 1-bedroom, 1-bathroom unit above a separate one-car garage. The 1 bedroom unit is currently vacant, making it a great option for owner occupied. .With four individual garages and a mix of two- and one-bedroom floor plans, the property offers a solid foundation for an investor looking to improve, reposition, or hold for the long term. The property has some deferred maintenance, presenting an opportunity for a buyer to make improvements and add value over time. Landlord pays water, trash, and sewer. 4 gas and 4 electric meters. Main sewer line replaced in 2025.Unit 2038 Alma was recently updated. Located in San Pedro with convenient access to neighborhood amenities, shopping, dining, transportation routes, and many destinations throughout the Harbor Area. A compelling opportunity for an investor seeking a multi-unit property with parking, functional layouts, and future upside.

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1

Year Built

1936

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026886629
Features
General
Living Area 2608
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Zoning LARD1.5
Year Built 1936
Tenant Pays Electricity Gas
Levels Two
County Los Angeles
New Construction false
Property Type Residential Income
HOA false
Status Active
City Los Angeles
Senior Community Y/N false
MLS Area 183 - Vista del Oro
Lot Size Units Square Feet
Lot Size Square Feet 4504
Standard Status Active
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features Front Yard
Lot Size Area 4504
Building Area Total 2608
Lot Size Acres 0.1
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* Excluded Features
List By
Greg Egemo

Listing Agent

Think Boutiq Real Estate

Broker

gregemoreadvisor@gmail.com

Email

Affordability Calculator

$7,577
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,577
Monthly Property Taxes
--
Monthly Home Insurance
--
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
0 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/28/2026$1,200,000 Listed Price

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2038 South Alma Street, Los Angeles, CA, 90731 is a Multi-Family Home for sale at $1,200,000 with 2,608 sqft and a lot size of 0.1. 2038 South Alma Street is a studio with 0.0 baths and was built in 1936. The property's zip code is 90731 which is in Los Angeles, CA

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