$1,200,000

1174 W 38th, Los Angeles, CA 90037

  • 2,300 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1926
  • Property Lot Size Icon6,665sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $522/sqft
  • Property List Date Icon Listed 3 months ago

Property 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 Status:
Active
Date Added:
February 25, 2026
Data Last Updated:
June 13, 2026 at 5:16AM
Listing Office:
Luxury Collective : 310-909-3464
Listing Agent:
Linda Ojeda : 310-909-3464
MLS ID:
OC26039916
  • General: Ceiling Fan(s)All Bedrooms DownBedroom on Main LevelMain Level Primary
  • Appliances: Gas CooktopGas OvenGas RangeMicrowaveRefrigerator
  • Laundry: None
  • Flooring: TileWood
  • Fireplace: None
  • General: None
  • Pool: None
  • Parking: DrivewayGatedParking spaces: 9
  • General: 1
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRM
  • County: Los Angeles
  • Zoning: 5037012005
  • View: NeighborhoodView
  • Utilities: Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_CRM

This listing courtesy of Linda Ojeda , Luxury Collective

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby