$1,200,000

1174 W 38th, Los Angeles, CA 90037

2,300 sqft

Triplex
Built in 1926
6,665sqft lot
—— car garage
$522/sqft
Listed 15 days 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:: March 10, 2026 at 4:16PM
Listing Office:: Luxury Collective : 424-395-4841
Listing Agent:: Linda Ojeda : 424-395-4841
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 $

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Location

Schools Nearby

Lenicia B. Weemes Elementary

1260 W 36th Pl, Los Angeles, CA, 90007

Grades PK-5

0.31 miles away

Foshay Learning Center

3751 S Harvard Blvd, Los Angeles, CA, 90018

Grades 6-12

0.60 miles away

Foshay Learning Center

3751 S Harvard Blvd, Los Angeles, CA, 90018

Grades 6-12

0.60 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.