1163 W 38th Street, Los Angeles, CA 90037
Local realty services provided by:ERA North Orange County Real Estate



1163 W 38th Street,Los Angeles, CA 90037
$995,000
- 5 Beds
- 4 Baths
- 1,715 sq. ft.
- Multi-family
- Active
Listed by:davis saadian
Office:keller williams hollywood hills
MLS#:25578477
Source:CRMLS
Price summary
- Price:$995,000
- Price per sq. ft.:$580.17
About this home
We are pleased to present 1163 W. 38th Street, a well-maintained four (4) unit multifamily property, including a spacious garage equipped with its own bathroom, shower, and air conditioning, an excellent candidate for conversion into a studio ADU. The investment is located within an Opportunity Zone, (excellent tax benefits) and just blocks away from the University of Southern California, in the rapidly growing South Los Angeles submarket. The property features three (3) vacant 1-bedroom + 1-bathroom units and one (1) occupied 2-bedroom + 1-bathroom unit, currently being rented for $2,300/month. All units are delivered fully furnished and underwent a full remodel in 2023, including new flooring, updated kitchens, fresh paint, and modern appliances. Units 1, 2, and 3 were originally part of one large, spacious single-family residence. However, with each bedroom having its own separate entrance, the property has been reconfigured into three individual rental units offering flexible leasing options, including short-term, long-term, or Airbnb rentals.Situated on a large 6,209 SF LAR4-zoned lot, the property offers a long-gated driveway, a landscaped front yard, and a covered patio between the two detached structures. The building has been exceptionally maintained and offers solid structural integrity. The location is unbeatable just two blocks west of Exposition Park (BMO Stadium, LA Memorial Coliseum, California Science Center, and Natural History Museum) and within a half mile of USC. With the 110 Freeway nearby, tenants enjoy quick access to Downtown Los Angeles and beyond.Ideal for both traditional leasing and Airbnb/short-term rentals, this property combines move-in-ready condition with multiple income streams in one of LA's most dynamic growth areas.
Contact an agent
Home facts
- Year built:1922
- Listing Id #:25578477
- Added:1 day(s) ago
- Updated:August 15, 2025 at 12:29 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Living area:1,715 sq. ft.
Heating and cooling
- Cooling:Dual
- Heating:Combination
Structure and exterior
- Year built:1922
- Building area:1,715 sq. ft.
- Lot area:0.14 Acres
Finances and disclosures
- Price:$995,000
- Price per sq. ft.:$580.17
New listings near 1163 W 38th Street
- New$659,000Active2 beds 3 baths1,310 sq. ft.
15206 Burbank Boulevard #211, Sherman Oaks, CA 91411
MLS# SR25142806Listed by: JASON MITCHELL REAL ESTATE CA - Open Sat, 1 to 4pmNew$950,000Active3 beds 3 baths1,877 sq. ft.
21230 Escondido Street, Woodland Hills, CA 91364
MLS# SR25183739Listed by: PINNACLE ESTATE PROPERTIES, INC. - New$1,899,999Active6 beds 6 baths3,966 sq. ft.
5348 W 57th Street, Los Angeles, CA 90056
MLS# 25578883Listed by: M.E. HALL & ASSOCIATES REALTY - New$1,725,000Active-- beds -- baths
4034 W 63rd Street, Los Angeles, CA 90043
MLS# RS25183616Listed by: REALTY WORLD EXPERTS - New$2,600,000Active-- beds -- baths
1016 N Crescent Heights Boulevard, Los Angeles, CA 90046
MLS# SR25183943Listed by: KELLER WILLIAMS REALTY CALABASAS - New$1,400,000Active4 beds 2 baths2,414 sq. ft.
9640 La Canada Way, Sunland, CA 91040
MLS# CV25180694Listed by: REALTY WORLD ALL STARS - New$599,900Active3 beds 3 baths1,050 sq. ft.
1606 62nd Street, Los Angeles, CA 90047
MLS# IG25183459Listed by: CHAMPIONS REAL ESTATE - Open Sat, 12pm to 3amNew$999,900Active5 beds 3 baths2,147 sq. ft.
11870 Jouett Street, Sylmar, CA 91342
MLS# SR25182210Listed by: MI CASA BONITA, INC. - Open Sat, 1 to 4pmNew$968,000Active3 beds 3 baths1,615 sq. ft.
2844 Griffin Avenue, Los Angeles, CA 90031
MLS# WS25183718Listed by: REAL BROKERAGE TECHNOLOGIES - Open Sat, 2 to 5pmNew$2,095,000Active4 beds 3 baths2,818 sq. ft.
4947 Varna Avenue, Sherman Oaks, CA 91423
MLS# 25568455Listed by: PLG ESTATES