1156 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 1150 W. 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: 229
  • Year Built: 1920
  • HOA: $0 HOA
  • $/Sqft: $279
  • Lot: 13,461 Sqft
  • Property Type: Multi Family
  • MLS#: DW16723690
  • MLS:
  • Listing Office: Berkshire Hathaway Home Srvs
  • Listed By: Uriel Estrada
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Property History

Status
Date
Price
Price Change
May 2, 2017
$1,300,000
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
#DW16723690
Sold
Dec 9, 2015
$388,000
Listed
Jul 7, 2015
$475,000
#15921421

Public Record

3 Beds
3 Baths
2,370 Sqft Building Area
Triplex (3 units, any combination)
6,663 Sqft Lot Size
1920 Year Built
04/08/2009 Last Sale Date
Built in 1920, this multi family house at 1156 W 38th St, Los Angeles CA, 90037 is approximately 4,656 square feet and does not come with a parking spot. It was last listed with a cost per Sqft of $279. 1156 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.

1156 W 38th St, Los Angeles CA, 90037 was on the market for 229 days. The median days on the market for properties in this area is 38 with a median list price of $992,500 and median cost per square foot of $612. Its current status is removed under the MLS #DW16723690.

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