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3-Unit Multifamily Property
For Sale
$800,000

1631 W 38th, Los Angeles, CA 90062

Three residential units, rear parking, and month-to-month contracts near major educational and transit destinations.

Property Size1,968 SF
Days on Market42

Property Features for 1631 W 38th

General Information

Standard status Active
Size 1,968 SF
Total Parking Spaces 5
Property subtype MULTI_FAMILY

Units

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

Additional Details

Public Transit Yes

Building Details

Building Size 1,968 SF
Year Built 1924
Listing Agency: MC Funding, Inc
Listed By: K.P. Chung · License #02017594
Source: Rochellemaize
Added: Jul 20 Changed: Aug 28 Last Checked: Aug 29 at 5:02PM

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 MC Funding, Inc

Investment Insights

Based on property information with market context.

Built in 1924, this multifamily property contains two 1-bedroom, 1-bathroom units and a smaller third unit with the same bedroom and bath count. Five parking spaces are positioned at the rear of the property, adding practical on-site parking for residents.

The property is near the USC campus and the Expo/Western Expo Line station, with access to public transportation and local amenities. All units are currently subject to month-to-month contracts, providing a flexible occupancy structure for the next owner.

Key Highlights

  • Three‑unit configuration with two 1‑bedroom, 1‑bathroom units plus a smaller 1‑bedroom, 1‑bathroom unit
  • Five rear parking spaces
  • Built in 1924

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Parking Lot & Garage Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,093
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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units, rear parking, and month-to-month contracts near major educational and transit destinations.
Where is this triplex located?
The property is located at 1631 W 38th Los Angeles, CA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Three‑unit configuration with two 1‑bedroom, 1‑bathroom units plus a smaller 1‑bedroom, 1‑bathroom unit; Five rear parking spaces; Built in 1924
More about this property
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