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Map
$1,567,332*
●
Multifamily -
Off Market
1257 W 38th Street
Los Angeles, CA 90037
Studio
0 Bath
$990,000 - $1,210,000
Reference Base Price*
42.48%
Since Apr 1, 2020
CA-Los Angeles
Primary Model
About This Property
This property consists of 5 detached units. All units have front
and rear access doors. Each unit has its own water heater with
separate gas and electric meters. 5 Units are 1 Bed/1 Bath,
and 1 has 2 Bed/ 1 Bath. Each have their own water heater.
There are 4 parking spaces in the rear secured by iron gate.
The property has undergone upgrades over the year since the
ownership acquired the property. The building exterior was
sandblasted to remove old stucco and newer stucco was added with
new exterior paint. The main water valve was replaced with
copper plumbing and each unit's water line changed to copper.
The roof was updated several years ago with a new main sewer
line being replaced. 3 of the units have a new water heaters.
Unit 1257 has had all the drywall replaced with copper wiring
and new plumbing under the unit. The front landscaping has
changed to drought tolerant plants and rockscape. USC Campus is
down the street with various shops, cafes, fast food and
restaurants. Many of the property provide overflow student housing
in the neighborhood. The rental market has been on the rise
and new developments are in the works from Downtown LA to the
University. The location of the property is walking distance to 2
Metro Stations(Expo/Western) & (Expo/Vermont). This rail goes from
Santa Monica to Downtown LA passing through the USC area. The
property is also located in a designated Opportunity Zone that may
allow tax benefits for the buyer.
Unit Size
-
Days on Market
-
Land Size
5,240.00 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1930
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 10, 2020 | No longer available | - | |
No longer available | |||
Feb 11, 2020 | Sold to Dorian Teicheira | $1,050,000 | |
Sold to Dorian Teicheira | |||
Jan 23, 2020 | Relisted | $1,100,000 | |
Relisted | |||
Jan 16, 2020 | No longer available | - | |
No longer available | |||
Jan 4, 2020 | No longer available | - | |
No longer available |
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Property Highlights
Parking Available
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
House
2
Beds
1
Bath
1,224 ft²
$980/ft²
$1,200,000
Jan 11, 2023
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/21/2019
|
|
Studio
|
-
|
-
|
$1,100,000
Studio
-
|
$1,050,000
-4.55%
02/11/2020
|
Carlos Skubacz
|