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California>Los Angeles>King Estates

1311 W 38thLos Angeles, CA 90062

For Sale

$1,425,000

Smart Buyer Rebate $14,250

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.

Listed by Alex Figueroa

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License #01173239

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eXp Realty of Southern CA

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714-757-3822

Last updated June 01, 2026

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Source: CRMLS #RS26115689

Listing Facts

  • TypeMulti-family
  • NeighborhoodKing Estates
  • Days on Prevu19

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

05/28/2026
Listed by eXp Realty of Southern CA
$1,425,000

Property Details for 1311 W 38th

Association

Amenities

  • Community Features: Urban

Exterior

Construction

  • Number Of Units Total: 3
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1921
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: Ground

Measurements

  • Building Area Total: 2,608
  • Building Area Units: Square Feet
  • Lot Features: 2-5 Units/Acre
  • Lot Size Acres: 0.12
  • Lot Size Area: 5,255
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,255
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $108,000.00
  • Operating Expense: $31,200.00

Taxes

  • Parcel Number: 5036001012

Other

Location

  • Tax Lot: 9

Utilities

Equipment

  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1311 W 38th.

How does 1311 W 38th compare to other multi-family homes in King Estates?

This multi-family home is listed 32% above the average price for multi-family homes in King Estates and has been on the market for 103 less days than the typical home in this area.

1311 W 38th is a -bedroom multi-family home for sale in Los Angeles CA 90062. Listed on Prevu for 19 days at $1,425,000. This property is located in King Estates. The median listing price for multi-family homes in this area is $968,500. Additional amenities include parking. Explore more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.