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3-Unit Triplex

1311 W 38th, Los Angeles, CA 90062

For Sale
New
$1,375,000

The vacant building is undergoing renovations and is offered in its current condition.

Property Size2,608 SF
Days on Market4

Property Features for 1311 W 38th

General Information

Standard status Active
Size 2,608 SF
Property subtype Triplex
Zoning LARD 1.5

Site & Location

Neighborhood Exposition Park

Units

Unit Mix 2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Building Details

Building Size 2,608 SF
Year Built 1921
Listing Agency: eXp Realty of Southern CA
Listed By: Alex Figueroa · License #01173239
Source: Archetyperealty
Added: Nov 4 Changed: Nov 6 Last Checked: Nov 6 at 12:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of Southern CA

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Investment Insights

Based on property information with market context.

Built in 1921, the triplex contains three apartments: two two-bedroom, one-bath units and one one-bedroom, one-bath unit. The property is vacant and undergoing renovations, and is being offered in its current condition. Rendered images depict the existing structure.

The property is zoned LARD 1.5. The zoning may allow 8–10 units, subject to verification with the City of Los Angeles.

Key Highlights

  • Three apartments: two 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
  • Built in 1921
  • Vacant and undergoing renovations; offered in its current condition

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,410
Businesses Nearby

Demographics for 90062, CA

32,524
Population
10,060
Households
3.2
Avg Household Size
36
Median Age
17%
College-Educated
65%
High-School Grad
1.9 sq mi
ZIP Area
17,118
Density / Sq Mi
$63,652
Median Household Income
$35,911
Median Earnings
$1,473
Median Rent
$672,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Triplexes in Los Angeles, CA

$461 Jul
$471 Aug
$475 Sep
$459 Oct

Properties on Market for Triplexes in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - The vacant building is undergoing renovations and is offered in its current condition.
Where is this triplex located?
The property is located at 1311 W 38th Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Three apartments: two 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit; Built in 1921; Vacant and undergoing renovations; offered in its current condition
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