NOT LISTED FOR SALE

1650 W 38th St Los Angeles, CA 90062

Exposition Park Neighborhood
5 Beds
6 Baths
2,381 Sq Ft
5,441 Sq Ft Lot

Last Sold February 28, 2023

Last sale price $1,030,000 $433 Per Sq Ft

21 Days on Market

About This Home

As of February 2023

We are pleased to offer this six unit investment opportunity, located in the City of Los Angeles. The unit mix consists of one 0+1 unit and five 1+1 units. The investment consists of approximately 2,381 of rentable square feet and is situated on an approximately 5,441 square foot parcel. Recent property upgrades include a new roof, new exterior paint, new exterior lighting, new exterior building and unit numbers, new mailboxes, new surveillance system, and new landscaping. The property is subject to City of Los Angeles Rent Stabilization Ordinance and the property is in compliance with the Los Angeles Soft-Story Retrofit Program.

Last Agent to Sell the Property

Griffin White

BRC Advisors- BH License #02031785 Listed on: 09/16/2022

BRC Advisors- BH

Last Buyer's Agent

Griffin White

BRC Advisors- BH License #02031785 Listed on: 09/16/2022

BRC Advisors- BH

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 5,441

Interior Spaces

  • 2,381 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Additional Features

  • 5,441 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5035-031-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2381
  • Lot Acreage: 0.1249
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 472.49

Exterior Features

  • Other Structures: None

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessor Parcel Number: 5035-031-010
  • Lot Size Area: 5441

Multi Family

  • Unit Type: 2106
  • Number Of Units: 6
  • Total Annual Expense: 0
  • Type Of Units: Income
  • Vacancy Rate: 2%

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2023 02/28/23 Sold $1,030,000 -8.4% $433 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
09/26/2022 09/26/22 Price Changed $1,125,000 -5.9% $472 / Sq Ft
09/16/2022 09/16/22 For Sale $1,195,000 +64.8% $502 / Sq Ft
08/30/2019 08/30/19 Sold $725,000 0.0% $304 / Sq Ft View Prior Sale
08/19/2019 08/19/19 Pending -- -- --
08/05/2019 08/05/19 For Sale $725,000 -- $304 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Griffin White

    Seller's Agent in 2023

    Griffin White

    BRC Advisors- BH

    (949) 306-1175

    1 in this area

    31 Total Sales

    Griffin White
    Section Image
  • Michael Salerno

    Seller's Agent in 2019

    Michael Salerno

    Michael Anthony Salerno

    (310) 202-9166

    29 Total Sales

    Michael Salerno
    Section Image
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Map

Source: The MLS

MLS Number: 22-200439

The MLS
California Los Angeles County Los Angeles 90018 Exposition Park

1650 W 38th St, Los Angeles, CA

This home is located at 1650 W 38th St, Los Angeles, CA 90062 since 16 September 2022. This property was built in 1922. 1650 W 38th St is a home located in Los Angeles County with nearby schools including Martin Luther King Jr. Elementary School, Manual Arts Senior High School, and KIPP Scholar Academy.

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