1311 W 38th
Los Angeles, CA 90062
5
Bed
3
Bath
2,608Sqft
5,255Sqft(Lot)
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 i
Property Details
Map
Map
What's Nearby
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Features
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Building Information
Year Built: 1921Building Area Total: 2608Stories: 1Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 5255 Lot Size Acres: 0.1206 Lot Size Source: Assessor Lot Size Square Feet: 5,255 Lot Description: 2-5 Units/Acre
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Listing Price Information
Listing Price: $1425000Cash to New Loan
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Tax Information
Parcel Number: 5036001012 Tax Lot: 9
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Location Information
Direction: wEST OF nORMANDIE WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1723 Browning Blvd., Los Angeles, CA, 90062 | $769,900 | 2 | 2 | 1,768 | 1,768 SqFt |
| 3929 Brighton, Los Angeles, CA, 90062 | $1,175,000 | 7 | 4 | 2,818 | 2,818 SqFt |
| 1467 W Vernon, Los Angeles, CA, 90062 | $845,000 | 4 | 4 | 3,372 | 3,372 SqFt |
| 4129 La Salle, Los Angeles, CA, 90062 | $699,000 | 1 | 1 | 1,802 | 1,802 SqFt |
| 4218 S Harvard, Los Angeles, CA, 90062 | $1,075,000 | 6 | 4 | 3,577 | 3,577 SqFt |
| 1614 W 39th Place, Los Angeles, CA, 90062 | $1,199,000 | 9 | 6 | 3,296 | 3,296 SqFt |
| 1445 W 58th, Los Angeles, CA, 90062 | $739,000 | 3 | 2 | 1,588 | 1,588 SqFt |
| 1650 W 39th Place, Los Angeles, CA, 90062 | $850,000 | 5 | 2 | 1,472 | 1,472 SqFt |
| 1565 W 51st, Los Angeles, CA, 90062 | $1,025,000 | 6 | 4 | 3,338 | 3,338 SqFt |
| 1646 W 52nd, Los Angeles, CA, 90062 | $1,050,000 | 5 | 4 | 2,824 | 2,824 SqFt |
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ByOwner last updated this listing 07/27/2026 @ 04:10
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