1614 West 38th Street

Los Angeles, CA 90062

$1,035,000
Last Sold Price
5
Beds
3
Baths
3,649 Sq. Ft.
$284 / Sq. Ft.
3,649
Sq. Ft.
$284
per Sq. Ft.

Description

Amazing Opportunity to own this well-maintained Spanish Style Triplex in Vermont Square! Offering a total of 3649 sq. ft of living space! The two front units are spacious, with over 1240 sq. ft. and have 2 bedrooms , 1 bath, large windows, lots of natural light, laundry hookups, and new remodeled showers. The upper unit has a balcony, all new ceilings with newly installed recessed lighting in the living and dining room. The rear unit is detached from the front units, built above two single car garages...Amazing Opportunity to own this well-maintained Spanish Style Triplex in Vermont Square! Offering a total of 3649 sq. ft of living space! The two front units are spacious, with over 1240 sq. ft. and have 2 bedrooms , 1 bath, large windows, lots of natural light, laundry hookups, and new remodeled showers. The upper unit has a balcony, all new ceilings with newly installed recessed lighting in the living and dining room. The rear unit is detached from the front units, built above two single car garages and has 2 bedrooms and 1 bath with a laminate wood floor and a newly built staircase with 825 sq. ft. Each unit has 1 parking space and two of the tenants use the garages. This income property has tremendous upside potential, is located a short drive to USC and Exposition Park, The Natural History Museum, cool restaurants and cafes!
  1. Listed by Paloma Fierro • DRE #01386256 • Brokerage DRE #01464847 • Coldwell Banker Realty

Property Details for 1614 West 38th Street

Water Front
None
Zoning
LAR2
Style
Spanish
Parcel Number
5035031019
Total Units
3.0
Living Area
3649
Source Living Area
Vendor Enhanced
Area
Park Hills Heights (PHHT)

Location

Listing Courtesy of Coldwell Banker Realty, Paloma Fierro, DRE #01386256

Sold By The Agent and Company, Sean Ferdowsian, DRE #02098433

Add your commute
LISTING UPDATED: 07/07/2023 10:59 AM

Property Details for 1614 West 38th Street

StatusSold
MLS #23-270015
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.12 AC / 5,443 SF
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Realty, Paloma Fierro, DRE #01386256

Sold By The Agent and Company, Sean Ferdowsian, DRE #02098433

Add your commute

Building Information for 1614 West 38th Street

Stories2Residences-Year Built1924Building Size-Lot Size0.12 AC / 5,443 SF

Payment Calculator

$6,092 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,648

Property Taxes

$444

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1614 West 38th Street

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Triplex
  • View: No
  • View Description: None
  • View: None
  • Direction Faces: West
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
Contract Info
Contract Info
  • Financing: Conventional, Cash To New Loan, Cash
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $50,172
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.125
  • Lot Size Square Feet: 5443
  • Lot Description: Fenced
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 3
  • Garage Spaces Total: 2
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: Two, Ground Level
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Window Unit(s), Wall/Window, Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Hardwood, Laminate, Mixed, Carpet
  • Equipment: Built-Ins, Gas Or Electric Dryer Hookup
  • Room Bathroom Features: Tile Counters, Shower in Tub
  • Bathroom Features: Tile, Shower and Tub
  • Common Walls: Attached
  • Cooking Appliances: Cooktop - Gas, Free Standing Gas
  • Laundry: In Unit, Other
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Roof: Clay
  • New Construction: No
  • Other Structural Features: Balcony
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-13-2023
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas, Cable TV
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,392.00
  • Unit Actual Rent: $1,392.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,339.00
  • Unit Actual Rent: $1,339.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,450.00
  • Unit Actual Rent: $1,450.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $155,048.00
  • Assessed Improvement Percent: 39.58
  • Assessed Land Value: $236,718.00
  • Assessed Land Percent: 60.42
  • Assessed Total Value: $391,766.00

Property History for 1614 West 38th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1614 West 38th Street

Taxable ValueLand$241,452Additions$158,148Total$399,600
Tax Record2023$5,323 ($444 / month)
Home Facts
Total Finished SqFt3,649 SqFtAbove Grade Finished SqFt3,649 SqFtLot Size5,443 SqFtStyleTriplexYear Built1924ZoningLAR2CountyLOS ANGELESAPN5035-031-019

Schools near 1614 West 38th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 12
Public - 9 to 12
Charter - 5 to 8
Rating
School
Distance
Martin Luther King Jr. Elementary School
PublicK to 5

Foshay Learning Center
PublicK to 12

Manual Arts Senior High School
Public9 to 12

Public Policy Charter
Charter5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Paloma Fierro, DRE #01386256

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.