1150 W 38th St
Los Angeles, CA 90037

Bd   — Ba   4,656 Sqft
BACK ON THE MARKET WITH A HUGE PRICE REDUCTION! Calling All Investors, Builders and Developers!! 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 1156 38th St. (the adjacent neighboring property) for $1,389,000 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). The Village could potentially feature retailers such as Trader Joe's & Target. The Village is expected to open late 2017. Good 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.DO NOT DISTURB TENANTS!! Currently this property consist of 3 units. This is a package sale (1150 & 1156 W. 38th) so the number of units, living square footage and lot size is for the 2 properties combined. Call me for more info!
  • Neighborhood: Congress North
  • Days on Movoto: 197
  • Year Built: 1905
  • HOA:
  • $/Sqft: $290
  • Lot: 13,461 Sqft
  • Property Type: Multi Family
  • MLS#: DW16723687
  • MLS:
  • Listing Office: Berkshire Hathaway Home Srvs
  • Listed By: Uriel Estrada
  • Movoto last checked CRMLS for new data 3 hours ago
  • CRMLS last updated this listing 1 week ago

Home Features

Overview
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Property History

Status
Date
Price
Price Change
Apr 17, 2017
$1,350,000
Listed
Mar 29, 2017
$1,389,000
Price Change
Oct 28, 2016
$785,000
Listed
Oct 12, 2016
$1,570,000
#DW16723687

Public Record

4 Beds
3 Baths
2,268 Sqft Building Area
Triplex (3 units, any combination)
6,797 Sqft Lot Size
1905 Year Built
$300,000 Last Sale Price
02/18/2010 Last Sale Date
As of today, there are 24 properties listed for sale in ZIP code 90037 and 0 properties listed for sale in the city of Los Angeles, CA. This property at 1150 W 38th St in 90037 is currently listed for $1,350,000. This is 0% above the $0 median price for Los Angeles and 187% above the 90037 median of $469,900. Of the 0 properties for sale in Los Angeles, 0 are single family homes and 0 are condos. 1150 W 38th St is a multi family home that is approximately 4,656 Sqft, 0% above the Los Angeles median of 0 and 216% above the 90037 ZIP code median of 1,472. The price per Sqft is $290, which is 9% below the median price in 90037 of $318 and 0% above the Los Angeles median of $0 per square foot.
Built in 1905, this multi family house at 1150 W 38th St is approximately 4,656 square feet and does not come with a parking spot. It is listed on 10/12/2016 with a cost per Sqft of $290. 1150 W 38th St is located in the Congress North neighborhood in the Los Angeles Unified School District. The closest school is Lenicia B. Weemes Elementary School.

1150 W 38th St has been on the market for 197 days. It's currently listed as active under the MLS #DW16723687.

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