Active

$699,000

For sale

1631 W••••• 38th (Sign up for 50 free credits to unlock)Los Angeles, CA 90062

2Beds

3Baths

1,968Sq Ft Living

5,401Sq Ft Lot

1924Year Built

Property Description

Back on market due to buyer's failure to perform. Solid investment opportunity located near the USC campus and Expo/Wester Expo Line station, featuring two 1-bedroom, 1-bathroom units plus an additional small 1-bedroom, 1-bathroom unit. The property includes five rear parking spaces along with convenient access to public transit and local amenities. Currents are on month-to-month contracts. *Buyers and buyers' agent must verify all information herein. ** Photos will be updated soon.

Property Facts & Features

Property Type: Multi Family
Status: Active
Listed: Aug 21, 2026
Price per Sq Ft: $355/sqft
ZIP Code: 90062
Full Baths: 3
Stories: 1
Parking: Driveway, Unpaved
Heating: Natural Gas, Wall Furnace
Cooling: Wall/Window Unit(S)
Construction: Stucco
Style: Cottage
Property Tax (2025): $6,888/yr
Assessed Value: $556,958
Last Sold: $480,000 · Jan 30, 2018
Neighborhood: Exposition Park
County: Los Angeles
School District: Los Angeles Unified School District

Estimated Value

$730,000Range $496,400 to $963,600

Automated estimate. Not an appraisal.

Features & Amenities

Bedrooms

Bedrooms: 2

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Land Info

Additional Parcels: No
Land Lease: No
Lot Description: 16-20 Units/Acre
Lot Size Acres: 0.124
Lot Size Source: Assessor
Lot Size Square Feet: 5403

Utilities

Sewer: Public Sewer
Natural Gas Connected
Sewer Connected
Cable Available
Electricity Connected
Water Connected
Water Source: Public

Appliances

Laundry Features: Gas & Electric Dryer Hookup

Other Rooms

Kitchen

Rental Info

Gross Income: 66000
Gross Scheduled Income: 66000
Number of Units Leased: 2
Tenant Pays: All Utilities
Rent Control: Yes

Commercial Info

Net Operating Income: 50780
Operating Expense: 15220

Multi-Unit Info

Number of Buildings: 2
Number of Units: 3
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 0
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Unit-1 Furnished Description: Unfurnished
Unit-2 Furnished Description: Unfurnished
Unit-3 Furnished Description: Unfurnished
Unit 1 Total Actual Rent: 1800
Unit 3 Total Actual Rent: 1300

Interior Features

Flooring: Laminate

Garage and Parking

Parking Features: Driveway, Unpaved
Parking Total: 4

Heating and Cooling

Cooling Features: Wall/Window Unit(s)
Heating Features: Natural Gas, Wall Furnace
Heating: Yes

Other Property Info

Source Listing Status: Active
County: Los Angeles
Insurance Expense: 1760
Area: C16 - Mid Los Angeles
Source Neighborhood: C16 - Mid Los Angeles
New Taxes Expense: 10160
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 3
Parcel Number: 5035032022
Property Subtype: Duplex

Accessibility Features

Parking

Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

Building and Construction

Year Built: 1924
Common Walls: 1 Common Wall
Construction Materials: Stucco
Entry Level: 1
Entry Location: 1
Foundation Details: Slab
Levels: One
Property Age: 102
Property Attached: Yes
Property Condition: Repairs Cosmetic
Roof: Asphalt
Levels or Stories: One
Building Total Stories: 1
Elevation Units: Feet
Year Built Source: Public Records
Architectural Style: Cottage

Price & Event History

Date	Event	Price	$/Sq Ft
Oct 29, 2026	Price Changed	$699,000	-
Oct 19, 2026	Price Changed	$730,000	-
Sep 24, 2026	Price Changed	$750,000	-
Aug 21, 2026	Listed	$800,000	-
Feb 1, 2018	Sold	$479,900	$244
Oct 16, 2017	Price Changed	$499,900	$254
Sep 25, 2017	Relisted	$549,900	$279
Sep 19, 2017	Listing removed	$549,900	$279
Aug 13, 2017	Listed	$549,900	$279
Mar 31, 2003	Sold	$207,000	$105
Jul 5, 2002	Listing removed	$185,000	$94
Feb 4, 2002	Listed	$185,000	$94

Property Tax History

Year	Tax	Assessed	Land	Building
2025	$6,888	$556,958	$382,990	$173,968
2024	$6,791	$546,038	$375,481	$170,557
2023	$6,667	$524,836	$360,901	$163,935
2022	$6,368	$514,546	$353,825	$160,721
2021	$6,199	$504,458	$346,888	$157,570
2020	$6,259	$499,287	$343,332	$155,955
2019	$6,017	$489,498	$336,600	$152,898
2018	$3,308	$263,474	$152,740	$110,734
2017	$3,239	$258,309	$149,746	$108,563
2016	$3,146	$253,245	$146,810	$106,435
2015	$3,101	$249,442	$144,605	$104,837
2014	$3,124	$244,557	$141,773	$102,784

Nearby Schools

6/10
Foshay Learning Center
Public · Elementary, Middle, High · Grades K-12
0.2 mi
NR
Loving To Learn Enrichment Academy
Private · Elementary, Middle, High · Grades K-12
0.3 mi