Master on Main
Address
1138 W 38th Street Los Angeles, CA
Price
$ 1,060,000
Property Attributes
  • MLS#CV20098729
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • Zip90037
  • Style
  • Price$ 1,060,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2357
  • Lot Size7,048 SqFt
Listing Provided Courtesy Of:
ROBERT WATKINS with RE/MAX TIME REALTY.
Property Description

They say opportunity comes once in a life time, in the case of 1138 W. 38th St Los Angeles, this is that opportunity. This property offers 2 homes on one lot in the bustling Exposition park area, of Los Angeles. Beaming with opportunity, the 3bd/2bth can rent for $3800 while the 2 bed/1 bath can rent for as much as $2400 . The property is owner occupied and will be delivered vacant at the close of escrow. Surrounded by Los Angeles landmarks such as USC, the Coliseum, the LA Metro Expo Light Rail line, the LAFC stadium,as well as, the billion dollar George Lucas Narrative Art museum, The local area surrounding the campus is poised to continue it's growth well into the future. Most intriguing about this property are the development prospects, this home is zoned LARD1.5 which allows for one dwelling unit to be built per 1,500 square feet of lot space. Meaning, a maximum of four new construction units may be developed on this 7000 sqft lot. This is ideal for the developer looking to establish student housing for the famous institution of higher learning only blocks away. Come see all this property has to offer for you and your portfolio today!!

Price History
5/27/2020 Listed $1,060,000

General Features

Attached Structure Detached
Carport Spaces 2.00
Community Features Curbs
Directions 1138 W 38th St. Los Angeles, CA 90037
Garage Spaces 0.00
HOA Fee 0.00
Heating Central
Levels One
Listagentaor Citrus Valley
Listing Agent ROBERT WATKINS - BRE#01459483
Listing Agent State License 01459483
MLS Area 699 - Not Defined
Pool Features None
Price Per Square Foot 449.72
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Total Units 2
Zoning LARD1.5

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls No Common Walls
Heating Y/N Yes
Laundry Features Common Area
Laundry Y/N Yes
Room Type All Bedrooms Down
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 2357.00
Lot Features 2-5 Units/Acre
Lot Size Acres 0.1618
Lot Size Area 7050.0000
Lot Size Source Assessor
Lot Size Square Feet 7050.00
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 2
Number of Separate Gas Meters 2
Number of Separate Water Meters 2
Total Parking 2.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90037

Price
AVG $950K
$1.06M
Visits
AVG 16
29
Year Built
AVG 1927
1940
Walkscore
AVG 76
63
Data Provided by Walkscore ® not using MLS data

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