1725 W 38th St
Description
Don’t miss this unique opportunity to own a well-located triplex just minutes from USC, Downtown Los Angeles, major transportation hubs, and shopping centers. This property features three 1-bedroom units, each thoughtfully converted by the owner into 2-bedroom layouts (unpermitted). Ideal for both investors seeking strong rental income and owner-users looking to live in one unit while renting the others. The property offers...Excellent Investment or Owner-User Opportunity – 3 Units Near USC & Downtown LA
Don’t miss this unique opportunity to own a well-located triplex just minutes from USC, Downtown Los Angeles, major transportation hubs, and shopping centers. This property features three 1-bedroom units, each thoughtfully converted by the owner into 2-bedroom layouts (unpermitted). Ideal for both investors seeking strong rental income and owner-users looking to live in one unit while renting the others. The property offers significant upside potential in a high-demand rental area. Buyer to verify all permits and square footage.
- Listed by GERARDO CORONA • DRE #00941523 • Brokerage DRE #01420462 • DIVERSIFIED WORKS • 626-675-2189
Property Details for 1725 West 38th Street
Property Details for 1725 West 38th Street
| Status | Active |
|---|---|
| MLS # | MB25087429 |
| Days on Market | 54 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1922 |
| Lot Size | 0.12 AC / 5,405 SF |
| County | Los Angeles County |
Location
Building Information for 1725 West 38th Street
Payment Calculator
$6,274 per month
30 year fixed, 6.845% Interest
$6,025
$249
$0
Property Information for 1725 West 38th Street
- Gross Income: $5,950
- Gross Scheduled Income: $5,950
- Net Operating Income: $5,600
- Operating Expense: $350
- Fuel Expense: $0
- Electric Expense: $0
- Insurance Expense: $1,800
- Trash Expense: $4,200
- Water Sewer Expense: $0
- Total Expenses: $6,000
- Tax Tract Number: 38th
- Tax Census Tract: 2314.00
- CFD/Mello-Roos Fee: $443
- Tax Lot: 54
- Community Features: Sidewalks, Street Lights
- Laundry: No
- Laundry Features: None
- Entry Location: 1
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: 0-1 Unit/Acre
- Number Of Units: 3
- Land Lease: No
- Land Lease Type: Fee
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 0
- Parking Garage Spaces: 0
- Carport Spaces: 0
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $2,900
- Unit Type Total Rent: $2,900
- Unit Type Pro Forma: 2900
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,800
- Unit Type Total Rent: $1,800
- Unit Type Pro Forma: 2900
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,250
- Unit Type Total Rent: $1,250
- Unit Type Pro Forma: 2900
- Unit Type Type: 3
- Rent Controlled: Yes
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 3
- Number Of Separate Gas Meters: 3
- Number Of Separate Water Meters: 1
Property History for 1725 West 38th Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Apr 21, 2025 | Listed (Active) SDMLS #MB25087429 | $1,150,000 | — |
| Apr 21, 2025 | Listed (Active) CLAW #MB25087429MR | $1,150,000 | — |
| Apr 21, 2025 | Listed (Active) CRMLS #MB25087429 | $1,150,000 | — |
| Feb 8, 2011 | Sold (Public Record) Public Record #305266743 | $175,000 | -3.4% / yr |
| Feb 2, 2011 | Expired CRMLS #12145609 | $219,900 | — |
| Feb 2, 2011 | Expired CLAW #12145609IT | $219,900 | — |
| Dec 2, 2010 | Pending CRMLS #12145609 | — | |
| Dec 2, 2010 | Pending CLAW #12145609IT | — | |
| Nov 10, 2010 | Listed (Active) CRMLS #12145609 | $239,900 | — |
| Nov 2, 2010 | Listed (Active) CLAW #12145609IT | $239,900 | — |
| Aug 20, 2009 | Withdrawn / Cancelled CRMLS #F1787706 | $250,000 | — |
| Aug 20, 2009 | Withdrawn / Cancelled CLAW #F1787706CN | — | |
| Oct 21, 2008 | Listed (Active) CRMLS #F1787706 | $250,000 | — |
| Oct 21, 2008 | Listed (Active) CLAW #F1787706CN | $250,000 | — |
| Jan 23, 2004 | Sold (Public Record) Public Record #127335171 | $223,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 04/21/2025 | Listed (Active) SDMLS #MB25087429 | $1,150,000 |
| 04/21/2025 | Listed (Active) CLAW #MB25087429MR | $1,150,000 |
| 04/21/2025 | Listed (Active) CRMLS #MB25087429 | $1,150,000 |
| 02/08/2011 | Sold (Public Record) Public Record #305266743 | $175,000 -3.4% / yr |
| 02/02/2011 | Expired CRMLS #12145609 | $219,900 |
| 02/02/2011 | Expired CLAW #12145609IT | $219,900 |
| 12/02/2010 | Pending CRMLS #12145609 | — |
| 12/02/2010 | Pending CLAW #12145609IT | — |
| 11/10/2010 | Listed (Active) CRMLS #12145609 | $239,900 |
| 11/02/2010 | Listed (Active) CLAW #12145609IT | $239,900 |
| 08/20/2009 | Withdrawn / Cancelled CRMLS #F1787706 | $250,000 |
| 08/20/2009 | Withdrawn / Cancelled CLAW #F1787706CN | — |
| 10/21/2008 | Listed (Active) CRMLS #F1787706 | $250,000 |
| 10/21/2008 | Listed (Active) CLAW #F1787706CN | $250,000 |
| 01/23/2004 | Sold (Public Record) Public Record #127335171 | $223,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1725 West 38th Street
Schools near 1725 West 38th Street
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
Similar Sold Homes
Homes for Sale near Park Hills Heights
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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of DIVERSIFIED WORKS, GERARDO CORONA, DRE #00941523
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.