Income-Producing Triplex + Legal ADU — Prime Central LA Location!
Rare investment opportunity: a well-maintained triplex plus a legal ADU, currently delivering strong rental income and positive cash flow from day one. One unit is vacant (2 bed / 1 bath) — perfect for owner-occupancy or immediate lease-up. All units feature practical layouts that appeal to a wide tenant pool.
Property Highlights:
– 3 separate rental units + legal ADU
– One vacant 2BR/1BA unit (ready to occupy or rent)
– Secure, long gated driveway with private off-street parking
– Positive cash flow in place
– Value-add upside through renovations, rent optimization or repositioning
Location Benefits:
– Minutes to USC, LAFC stadium, Crypto.com Arena, DTLA, major freeways and transit
– Close to shopping, dining and employment hubs — consistently high rental demand
Ideal for investors or owner-users seeking a versatile, income-producing asset with immediate returns and long-term appreciation potential. Schedule a showing today!
AGENT: Linda Ojeda LISTING BROKERAGE: Luxury CollectiveRare investment opportunity: a well-maintained triplex plus a legal ADU, currently delivering strong rental income and positive cash flow from day one. One unit is vacant (2 bed / 1 bath) — perfect for owner-occupancy or immediate lease-up. All units feature practical layouts that appeal to a wide tenant pool.
Property Highlights:
– 3 separate rental units + legal ADU
– One vacant 2BR/1BA unit (ready to occupy or rent)
– Secure, long gated driveway with private off-street parking
– Positive cash flow in place
– Value-add upside through renovations, rent optimization or repositioning
Location Benefits:
– Minutes to USC, LAFC stadium, Crypto.com Arena, DTLA, major freeways and transit
– Close to shopping, dining and employment hubs — consistently high rental demand
Ideal for investors or owner-users seeking a versatile, income-producing asset with immediate returns and long-term appreciation potential. Schedule a showing today!
Courtesy of Luxury Collective. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1174 W 38th
Los Angeles, CA
Property Details
Price:
$1,200,000
MLS #:
OC26039916
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Neighborhood:
c34losangelessouthwest
Listed Date:
Feb 25, 2026
Total Sq Ft:
2,300
Lot Size:
6,666 sqft / 0.15 acres (approx)
Year Built:
1926
C34 – Los Angeles SouthwestC34losangelessouthwestNeighborhood
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Schools
Interior
Appliances
MW, RF, GO, GR, GS
Flooring
TILE, WOOD
Interior Features
CF
Laundry Features
NO
Levels
A
Exterior
Common Walls
_2CW
Community Features
SDW, SL, CRB
Parking Spots
9
Parking Total
9
Security Features
SD
Spa Features
NO
View
NE
Financial
Map
Community
- Address1174 W 38th Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
