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1411 W 38TH ST Los Angeles, CA 90062
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Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,468 sqft
Price per Sqft $364
MLS Listing ID 19-505792
Sold Date 09/28/20
Bedrooms 6
Year Built 1908
Lot Size 5,288 Sqft
Property Sub-Type Multi-Family
Property Description
Triplex located in a very desirable IRS Opportunity Zone with huge tax benefits. First time on the market in over 50 years. Close to USC, walking distance to Metro, near the 10/110 freeway, minutes to DTLA and the new LAFC soccer stadium. 2 of 3 units are vacant. Please call for more information regarding the occupied unit. Front house is 3Bed/2Bath; Back unit consists of 1bed/1bath downstairs and 2bed/1bath upstairs. With projected rents you can anticipate a Cap Rate of 7%. Property is fully gated with a private driveway for front house and separate parking for back units with entrance from the alley. Recent Upgrades include: All New Water Heaters; Upgrades to Kitchen and Bathroom; Recently Painted.
Location
State CA
County Los Angeles
Area Los Angeles Southwest
Zoning LARD1.5
Rooms
Other Rooms None
Dining Room 0
Interior
Heating Floor Furnace
Cooling Other
Equipment Ceiling Fan, Dryer, Washer
Laundry In Unit
Exterior
Parking Features Driveway
Garage Spaces 7.0
Building
Story 2
Others
Special Listing Condition Standard
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Bought with Keller Williams Realty Calabasas