$799,000
-$89,8881171 W 38th Street, Los Angeles CA 90037
Multi-Family (Triplex)
Property type
56 days
On market
$380
Price per sqft
0 cars
Garage
1928
Year built
6,212 sqft
Lot size
Home highlights
Open Houses
Overview
Great Location! About 3 Blocks Away from USC! Three Separate 1 + 1 Freestanding Homes! 700 SF Each1 All have own address 1171/1173/1175 are ALL Included in Price! Rents are Low - Open Rear Parking for 6 Vehicles. LAR4 Zoning Near Exposition Blvd and Vermont Ave. Sellers Want to Cash Out!
Listing provided by: James Baker DRE #00975357 661-949-3000, James Baker Realty, Inc.
Listing updated: May 19, 2026 at 08:44pm.
Last checked: Jun 5, 2026 at 10:30am
Source: CRMLS #SR26077216
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 3 | 1 | 1 | — | — | — | — | Unfurnished |
# of Buildings: 3
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 0
Carpet: 3
Ranges: 3
Refrigerator: 3
Rent Control: Yes
Units Leased: 3
Total Actual Rent: $3,800
Tenant Pays: Electricity, Gas, Trash Collection
Financial Snapshot
Gross Rent Multiplier
17.5x
List Price / Annual Gross Rent
Cap Rate
5.11%
NOI / List Price
Gross Scheduled Income: $45,600
Operating Expense: $4,779
Net Operating Income: $40,830
Annual Operating Expenses
Gardener: $1,000
Insurance: $1,520
Licenses: $150
Maintenance: $600
Trash: $0
Water / Sewer: $1,500
Interior
Room Type: Entry Foyer, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Flooring: Carpet, Tile
Cooling: Wall Window Units
Heating: Wall Furnace
Appliances: Gas Range, Refrigerator
Fireplace: None
Laundry: None
Entry Location: West
Exterior
Architectural Style: Contemporary, Spanish
Property Attached: No
Stories Total: 1
Levels: One
Roof: Mixed, Other, Spanish Tile
Foundation: Raised
Construction Materials: Frame, Stucco
Property Condition: Updated Remodeled
Common Walls: No Common Walls
Security Features: Carbon Monoxide Detectors, Smoke Detectors, Window Bars
Lot Features: Rectangular Lot
Pool: None
Spa: None
Fencing: Chain Link, Wrought Iron
Water Source: Public
Sewer: Public Sewer
Electric: Electricity On Property
Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
View: None
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Parking: Unassigned
Garage Spaces: 0
Parking Total: 6
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5037014013
Additional Parcels: No
Tax Lot: 13
Tax Block: B
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Gutters, Street Lights, Suburban, Sidewalks
Nearby Schools
Nearby schools around the 1171 W 38th Street, Los Angeles, CA 90037. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$639,200
Total Interest
$815,264
Total Payment
$1,454,464
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$5,022
per month
Property History for 1171 W 38th Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90037.
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