$774,900
$124K PRICE DROP

Estimated payment $4,293/month

Total Views 5,423
3 Beds
1.5 Baths
1,080 Sq Ft
$718 Price per Sq Ft

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Front Porch
  • No HOA
  • Converted Garage
  • Breakfast Bar

About This Home

Welcome to 1199 West 38th Street, Los Angeles Ca 90037, a rare opportunity just half a mile from University of Southern California! This charming single-family home offers incredible potential for both homeowners and savvy investors. Situated in a high-demand rental area, the property includes an unpermitted accessory dwelling unit (ADU) in the rear, ideal for extended family, guest accommodations, or possible rental income (Buyer to verify all permits and usage with the City). The main residence features a comfortable layout with 3 bedrooms and 1 bathroom, plus an unpermitted half bathroom, ample natural light, and classic Los Angeles character. Families will love the spacious yard, gated entry, and proximity to parks, schools, and transit. Investors will appreciate the strong rental market and high demand for student housing in the USC area. Whether you are looking to live in, rent out, or develop further, this property is a versatile and strategic addition to any portfolio. Don't miss this opportunity in one of LA's fastest-growing neighborhoods!

Listing Agent

EDUARDO CORTADILLO

EXCELLENCE RE REAL ESTATE Brokerage Phone: 626-890-5447 License #02066734 Listed on: 08/04/2025

EXCELLENCE RE REAL ESTATE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1906

Lot Details

  • 5,487 Sq Ft Lot
  • Fenced
  • Fence is in average condition
  • Rectangular Lot
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR4

Home Design

  • Entry on the 1st floor
  • Additions or Alterations
  • Shingle Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Neighborhood Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Converted Garage
  • Parking Available
  • Driveway
  • Paved Parking
  • Parking Lot

Outdoor Features

  • Open Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • 220 Volts For Spa
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 16 / C
  • Tax Tract Number 210
  • Assessor Parcel Number 5037014031
  • $232 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Dog Park
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Washer and dryer
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: LAR4
  • Property Condition: Additions/Alterations
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5037014031
  • Year Built: 1906
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1080.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 717.50
  • Room Type: Kitchen, Living Room, Primary Bathroom, Primary Bedroom

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Concrete, Patio Open, Front Porch
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Converted Garage, Driveway, Paved, Parking Space
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Disposal, Gas Water Heater, Water Heater
  • Electric: 220 Volts For Spa
  • Heating Type: Central
  • Laundry Features: Dryer Included, Electric Dryer Hookup, In Kitchen, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Rectangular Lot
  • Lot Size: 5520 sqft
  • Lot Size Sq Ft: 5487.00
  • Lot Size Acres: 0.1260

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5487.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: C
  • Tax Census Tract: 2312.10
  • Tax Lot: 16
  • Tax Tract Number: 00210
  • TaxOtherAnnualAssessmentAmount: 232.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,604 $209,127 $163,936 $45,191
2024 $2,604 $205,027 $160,722 $44,305
2023 $2,559 $201,008 $157,571 $43,437
2022 $2,447 $197,068 $154,482 $42,586
2021 $2,409 $193,204 $151,453 $41,751
2019 $2,338 $187,475 $146,962 $40,513
2018 $2,297 $183,800 $144,081 $39,719
2016 $2,188 $176,665 $138,487 $38,178
2015 $2,157 $174,012 $136,407 $37,605
2014 $2,173 $170,604 $133,735 $36,869
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2025 10/26/25 Price Changed $774,900 -3.1% $718 / Sq Ft
09/10/2025 09/10/25 Price Changed $799,900 -5.9% $741 / Sq Ft
08/27/2025 08/27/25 Price Changed $849,900 -5.5% $787 / Sq Ft
08/04/2025 08/04/25 For Sale $899,000 -- $832 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Fidelity National Title
Grant Deed $139,000 United Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Closed $131,000 No Value Available
Closed $7,760 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB25170067

California Regional Multiple Listing Service (CRMLS)

APN: 5037-014-031