NOT LISTED FOR SALE

1397 W 38th St Los Angeles, CA 90062

Exposition Park Neighborhood

Estimated Value: $609,000 - $789,357

4 Beds
2 Baths
1,208 Sq Ft
$587/Sq Ft Est. Value

Last Sold August 07, 2023

Last sale price $550,000 $455 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,408/month

3 Days on Market

Highlights

  • Craftsman Architecture
  • Views
  • Dining Area
  • No HOA
  • Living Room
  • 1-Story Property

About This Home

As of August 2023

Well priced fixer located in the heart of LA. Central to Exposition Park, Jefferson and Leimert Park and Downtown LA. Just 5 minutes to the USC Campus. Good size lot over 5,200 sf. Great opportunity for renovation or new construction. Updated and remodeled homes in the neighborhood have been selling for $750k to over $1million. This property is a heavy fixer and is being sold as-is with no repairs or credits. Must be a cash sale..not likely to obtain bank financing. This is the lowest priced property currently for sale in 90062. Great opportunity..won't last!

Last Agent to Sell the Property

Martin Feinberg

Keller Williams Los Angeles License #00977561 Listed on: 07/23/2023

Keller Williams Los Angeles

Last Buyer's Agent

Martin Feinberg

Keller Williams Los Angeles License #00977561 Listed on: 07/23/2023

Keller Williams Los Angeles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,859

Year Built

  • Built in 1907

Lot Details

  • 5,286 Sq Ft Lot
  • Lot Dimensions are 40x132
  • Property is zoned LARD1.5

Home Design

  • Craftsman Architecture

Interior Spaces

  • 1,208 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Oven or Range
  • Laundry in unit
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5036-002-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,859

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Living Area: 1208
  • Lot Acreage: 0.1214
  • Lot Dimensions: 40x132
  • Stories: 1
  • Year Built: 1907
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Mixed
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Refrigerator, Range/Oven
  • Price Per S Q F T: 413.91

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Any
  • View: Yes

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5036-002-011
  • Lot Size Area: 5286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2023
Closed on
Jul 31, 2023
Sold by
Vinson Elvira B
Bought by
Sk Asset Management Llc
Seller's Agent
Martin Feinberg
Keller Williams Los Angeles
Buyer's Agent
Martin Feinberg
Keller Williams Los Angeles
List Price
$500,000
Sold Price
$550,000
Premium/Discount to List
$50,000
10%
Views
78
Current Estimated Value
$709,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,589
Avg. Annual Appreciation
13.03%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sk Asset Management Llc $550,000 California Best Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vinson Elvira B $263,293
Previous Owner Vinson Elvira B $58,676
Previous Owner Vinson Elvira B $31,365
Previous Owner Vinson Elvira B $167,894
Previous Owner Vinson Elvira B $147,578
Previous Owner Vinson Elvira B $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Sold $550,000 +10.0% $455 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/23/2023 07/23/23 For Sale $500,000 -- $414 / Sq Ft
Source: The MLS

Tax History Compared to Growth

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 $6,859 $561,000 $392,700 $168,300
2024 $6,859 $550,000 $385,000 $165,000
2023 $1,741 $130,111 $93,768 $36,343
2022 $1,669 $127,561 $91,930 $35,631
2021 $1,639 $125,061 $90,128 $34,933
2019 $1,593 $121,353 $87,455 $33,898
2018 $1,527 $118,975 $85,741 $33,234
2016 $1,449 $114,357 $82,412 $31,945
2015 $1,429 $112,641 $81,175 $31,466
2014 $1,443 $110,435 $79,585 $30,850
Source: Public Records

Agents Affiliated with this Home

  • Martin Feinberg

    Seller's Agent in 2023

    Martin Feinberg

    Keller Williams Los Angeles

    (310) 729-6573

    2 in this area

    74 Total Sales

    Martin Feinberg
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Map

Source: The MLS

MLS Number: 23-293541

The MLS

APN: 5036-002-011

California Los Angeles County Los Angeles 90018 Exposition Park

1397 W 38th St, Los Angeles, CA

This home is located at 1397 W 38th St, Los Angeles, CA 90062 since 23 July 2023 and is currently estimated at $709,589, approximately $587 per square foot. This property was built in 1907. 1397 W 38th St is a home located in Los Angeles County with nearby schools including Lenicia B. Weemes Elementary School, Manual Arts Senior High School, and Stem Preparatory Academy.

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