$1,425,000
1311 W 38th, Los Angeles CA 90062
Multi-Family (Triplex)
Property type
19 days
On market
$546
Price per sqft
0 cars
Garage
1921
Year built
5,255 sqft
Lot size
Open Houses
Overview
We are pleased to present this Multifamily Investment opportunity located in Los Angeles consisting of if three units : (2) two-bedroom/one bath units and (1) one-bedroom/one bath unit. The property is currently undergoing renovations and is completely vacant and is being offered in its current condition. For buyers seeking a fully completed renovated property, pricing...
Listing provided by: Alex Figueroa DRE #01173239 714-757-3822, eXp Realty of Southern CA
Listing updated: Jun 1, 2026 at 10:14pm.
Last checked: Jun 13, 2026 at 10:31pm
Source: CRMLS #RS26115689
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $0 | $0 | $3,300 | Unfurnished |
| 1 | 2 | 1 | — | $0 | $0 | $3,300 | Unfurnished |
| 1 | 1 | 1 | — | $0 | $0 | $2,400 | Unfurnished |
# of Buildings: 3
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
13.2x
List Price / Annual Gross Rent
Cap Rate
5.39%
NOI / List Price
Gross Scheduled Income: $108,000
Operating Expense: $31,200
Net Operating Income: $76,800
Annual Operating Expenses
Electric: $1,500
Fuel: $0
Insurance: $15,867
Trash: $1,200
Water / Sewer: $1,500
Interior
Laundry: Gas Dryer Hookup
Entry Location: Ground
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Common Walls: No Common Walls
Lot Features: Two To Five Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5036001012
Additional Parcels: No
Tax Lot: 9
Community
Senior Community: No
Community Features: Urban