1272 W 38Th Street, Los Angeles, CA 90037
Property · 2 recorded sales since 2019
Sold October 2021
Listing Agent: Meg Ostrow (DRE #01495358) · Listing Office: Compass · Contact: 310-230-5478 · Bought with: Karim Wahba · Keller Williams Realty Irvine · MLS #21777210 · Source: CRMLS
About this property
Attention Investors! DUPLEX. Both buildings 3BR + 2BA. ...5.30% Pro Forma CAP RATE. 5 min walk to USC CAMPUS and Vermont EXPO line. VACANT and ready to rent now. Live in one and rent the other. This property has undergone extensive REMODEL. Recent upgrades with permits from LADBS & LA Public Works include a new sewer property line to city connection in 2019, 1 new roof, 8 windows, 2 tankless water heaters, and an electrical sub-panel. Also REMODELED kitchen, built-ins, fixtures, laminate flooring. Spacious floorplans with an abundance of Natural light! Gated property, 4-car uncovered parking. Ideal for USC STUDENT RENTALS. BACK BUILDING PREVIOUSLY RENTED to USC students $4500 for 9 months= $3375 per monthly income per year. One of LAs fastest-growing neighborhoods near the Memorial Coliseum (Host of the upcoming 2028 Olympics), Expo Park and Banc of California Stadium, the EXPO line, the highly anticipated 1 Billion Lucus Museum, and minutes to downtown, LA Convention Center, LA Live, and Staples Center. This RD 1.5 Lot is in an opportunity zone and has promising upside in neighborhood future development. SOLD AS-IS. ...*All furniture is virtually staged.
Listing description from the October 2021 sale, as reported to CRMLS.
Sale history
