1221 W 38th St Los Angeles, CA 90037
Exposition Park NeighborhoodEstimated payment $4,478/month
Highlights
- No HOA
- Park
- 1-Story Property
- Cooling Available
- Wall Furnace
About This Home
Welcome to 1221 W 38th St, a well -located property in the heart of Los Angeles. This home offers a great opportunity for homeowners and investors alike, situated on a quiet residential street with convenient access to Downtown LA, USC, Exposition park, major freeways, shopping, and dining.
Needs TLC.
Listing Agent
Panorama Realty Services Brokerage Phone: 323-459-6338 License #01457738 Listed on: 01/09/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1905
Lot Details
- 5,556 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 2 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Utilities
- Cooling Available
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 12 / C
- Tax Tract Number 12
- Assessor Parcel Number 5037014025
- $346 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Recreation
- Park
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $300
- Insurance Expense $1,500
- Trash Expense $80
- Water Sewer Expense $90
- Operating Expense $470
- Gross Income $48,000
- Net Operating Income $500
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,831 | $376,750 | $319,892 | $56,858 |
| 2024 | $4,773 | $369,364 | $313,620 | $55,744 |
| 2023 | $4,689 | $362,122 | $307,471 | $54,651 |
| 2022 | $4,483 | $355,023 | $301,443 | $53,580 |
| 2021 | $4,420 | $348,063 | $295,533 | $52,530 |
| 2020 | $4,462 | $344,495 | $292,503 | $51,992 |
| 2019 | $4,294 | $337,741 | $286,768 | $50,973 |
| 2018 | $4,182 | $331,120 | $281,146 | $49,974 |
| 2016 | $3,991 | $318,265 | $270,230 | $48,035 |
| 2015 | $3,934 | $313,485 | $266,171 | $47,314 |
| 2014 | $3,961 | $307,346 | $260,958 | $46,388 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/28/2026 01/28/26 | Pending | -- | -- | -- |
| 01/09/2026 01/09/26 | Price Changed | $750,000 | +15.4% | $375,000 / Sq Ft |
| 01/09/2026 01/09/26 | For Sale | $650,000 | -- | $325,000 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $265,000 | Southland Title Company | |
| Grant Deed | $205,000 | Southland Title | |
| Grant Deed | $168,000 | Provident Title Company | |
| Individual Deed | $123,000 | -- | |
| Corporate Deed | -- | Landsafe Title | |
| Trustee Deed | $153,827 | Landsafe Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $464,000 | Balloon | |
| Closed | $116,000 | Stand Alone Second | |
| Closed | $120,000 | Credit Line Revolving | |
| Closed | $332,500 | Negative Amortization | |
| Closed | $251,000 | Unknown | |
| Previous Owner | $238,500 | Purchase Money Mortgage | |
| Previous Owner | $201,832 | FHA | |
| Previous Owner | $166,626 | FHA |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR26006178
APN: 5037-014-025
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Ask me questions while you tour the home.