Luxury Collective
Listed by Luxury Collective Real Estate, Luxury Collective
$1,200,000
1174 W 38th
Details
APN 5037012005
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,300
Units 4
Price per SqFt $522
Year Built 1926
Buildings 1
Stories 1
Acreage 0.153
Zoning Public Rec
Parking Spaces 9 spaces
Parking Per SqFt 3.91
Multifamily | 4 Units | $300,000/unit
Marketing description
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!
Listing Contacts
Luxury Collective
Listed by Luxury Collective Real Estate, Luxury Collective
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