1156 W 38th Street, Los Angeles, CA 90037

About this property

I present to you this Great development opportunity in the highly desirable North University Park neighborhood of Los Angeles. The property sits walking distance to USC, the new Metro Expo Line (traveling to Santa Monica and Downtown LA), the new USC Village development and the temporary home of the L.A. Rams NFL football team, the Los Angeles Memorial Colosseum. This corner lot property is zoned LARD 1.5 and is being sold together with 1150 W. 38th St. (the adjacent neighboring property) for $1,870,000 O.B.O. giving you a total of +/- 13,461 Sq Feet (per assessor, combined) of land to Develop and Maximize it's location (buyer to verify with the city, broker makes no warranties). Great investment/development opportunity. Check with the City of Los Angeles for subdivision requirements. Buyer to verify zoning and regulations with the City of Los Angeles and all other government agencies. Currently this property consist of 3 units. This is a package sale (1150 & 1156 W. 38th St)

Listing description from the March 2019 sale, as reported to CRMLS.

Sale history

$1,600,000

Sold March 2019 · listed $1,870,000, orig. $747,000, on market March 2018 · MLS #DW18067660 · Source: CRMLS

Listing Agent: Uriel Estrada · Listing Office: Berkshire Hathaway Home Srvs · Contact: 562-461-0233 · Bought with: Uriel Estrada · Berkshire Hathaway Home Srvs

$388,000

Sold December 2015 · listed $475,000, on market July 2015 · MLS #15921421 · Source: CRMLS

Listing Agent: James Grant · Listing Office: Forrest G. Realty, Inc. · Contact: 213-291-9176 · Bought with: Sang Han · San Han Incorporated

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