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1174 W 38th St, Los Angeles, CA, 90037

7beds
4baths
2,300sqft
$1,200,000
$522price/sqft
$8,126/moest. monthly cost
$325,040/yrincome needed

About This Home

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!

Getting Around

66
WalkingSomewhat Walkable
68
TransitGood Transit
80
BikeVery Bikeable

Schools

4/10
Lenicia B. Weemes Elementary SchoolGrades K-50.3 mi
6/10
Foshay Learning CenterGrades K-120.6 mi
3/10
Manual Arts Senior High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1926

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Appliances

  • Appliances included: Gas Cooktop,Gas Oven,Gas Range,Microwave,Refrigerator
  • Laundry features: None

Bedroom

  • Features: All Bedrooms Down

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4

Features

  • Ceiling Fan(s),All Bedrooms Down,Bedroom on Main Level,Main Level Primary
  • Flooring: Tile,Wood
  • Fireplace features: None
  • Common walls with other units/homes: 2+ Common Walls

Interior Area

  • Total structure area: 2,300
  • Total interior livable area: 2,300 sqft

Master Bedroom

  • Features: Main Level Primary

Property

Details

  • Parcel number: 5037012005
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: None
  • Spa features: None
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 6,666 sqft
  • Features: 2-5 Units/Acre,Back Yard,Front Yard

Parking

  • Total spaces: 9
  • Parking features: Driveway,Gated