We are pleased to present this Multifamily Investment opportunity located in Los Angeles consisting of if three units : (2) two-bedroom/one bath units and (1) one-bedroom/one bath unit.
The property is currently undergoing renovations and is completely vacant and is being offered in its current condition. For buyers seeking a fully completed renovated property, pricing will be adjusted accordingly based on the scope and level of finishes requested.
The property is currently vacant and this also adds value because the new buyer will be able to establish market rents day one.
The property is zoned LARD 1.5 which may allow up to 8-10 total units, subject to the buyers verification with the city.
This creates a strong value-add component and a redevelopment opportunity for the right investor seeking additional density and long-term upside potential.
This area has shown tons of growth and lots of business development in the immediate area is good for economic growth.
Rendered Pictures are Renderings of the existing structure.
AGENT: LISTING BROKERAGE: eXp Realty of Southern CAThe property is currently undergoing renovations and is completely vacant and is being offered in its current condition. For buyers seeking a fully completed renovated property, pricing will be adjusted accordingly based on the scope and level of finishes requested.
The property is currently vacant and this also adds value because the new buyer will be able to establish market rents day one.
The property is zoned LARD 1.5 which may allow up to 8-10 total units, subject to the buyers verification with the city.
This creates a strong value-add component and a redevelopment opportunity for the right investor seeking additional density and long-term upside potential.
This area has shown tons of growth and lots of business development in the immediate area is good for economic growth.
Rendered Pictures are Renderings of the existing structure.
Courtesy of eXp Realty of Southern CA. 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. 1311 W 38th
Los Angeles, CA
Property Details
Price:
$1,425,000
MLS #:
RS26115689
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Neighborhood:
phhtparkhillsheights
Listed Date:
May 28, 2026
Total Sq Ft:
2,608
Lot Size:
5,255 sqft / 0.12 acres (approx)
Year Built:
1921
See this Listing
Schools
Interior
Laundry Features
GAS
Levels
A
Exterior
Common Walls
NCW
Community Features
URB
Financial
Map
Community
- Address1311 W 38th Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90062
