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1199 W 38th St, Los Angeles, CA 90037

List Price: $899,000On Market FlagOn market
Aug 4, 20251,080 sqft3 beds1 baths
Listed by: EDUARDO CORTADILLO
License #: 02066734
Phone #: 626-890-5447
EXCELLENCE RE REAL ESTATE
Source:
CRMLS Logo
MLS #: MB25170067

Property Description

Welcome to 1199 West 38th Street, Los Angeles Ca 90037, a rare opportunity just half a mile from University of Southern California! This charming single-family home offers incredible potential for both homeowners and savvy investors. Situated in a high-demand rental area, the property includes an unpermitted accessory dwelling unit (ADU) in the rear, ideal for extended family, guest accommodations, or possible rental income (Buyer to verify all permits and usage with the City). The main residence features a comfortable layout with 3 bedrooms and 1 bathroom, plus an unpermitted half bathroom, ample natural light, and classic Los Angeles character. Families will love the spacious yard, gated entry, and proximity to parks, schools, and transit. Investors will appreciate the strong rental market and high demand for student housing in the USC area. Whether you are looking to live in, rent out, or develop further, this property is a versatile and strategic addition to any portfolio. Don't miss this opportunity in one of LA's fastest-growing neighborhoods!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$8,931

TurboHome Estimated Value

$747,200

$692 sqft

High Valuation
$784,560
$726/sqft
Normal Valuation
$747,200
$692/sqft
Low Valuation
$709,840
$657/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$692/sqft$747,200

Neighborhood: South Los Angeles

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Comparative Value

$585K

$612K

$640K

$680K

$899K

$1.02M

3826 La Salle Ave, Los Angeles, CA 90062

Sale Price: $585,000

Selected Comparable

1240 W 41st Pl, Los Angeles, CA 90037

Sale Price: $612,000

Selected Comparable

4227 Halldale Ave, Los Angeles, CA 90062

Sale Price: $640,000

Selected Comparable

1744 W 37th Pl, Los Angeles, CA 90018

Sale Price: $680,000

Selected Comparable

1199 W 38th St, Los Angeles, CA 90037

List Price: $899,000

Subject Property

3105 Raymond Ave, Los Angeles, CA 90007

Sale Price: $1,025,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1199 W 38th St, Los Angeles, CA 90037

1199 W 38th St, Los Angeles, CA 90037

List: $899,000

Listed: 8/4/2025

Area:1,080 sqft
Price/sqft:$832
Beds:3
Baths:1
Year Built:
Lot Size:5,520

Comparable Properties

COMPARABLE
Choose comps
1240 W 41st Pl, Los Angeles, CA 90037

1240 W 41st Pl, Los Angeles, CA 90037

Sale: $612,000

11/25/20240.67 mi

Area:1,199 sqft
Price/sqft:$510
Beds:2
Baths:1
Year Built:
Weight:20.7%
1744 W 37th Pl, Los Angeles, CA 90018

1744 W 37th Pl, Los Angeles, CA 90018

Sale: $680,000

11/13/20240.76 mi

Area:1,284 sqft
Price/sqft:$530
Beds:3
Baths:2
Year Built:
Weight:20.1%
4227 Halldale Ave, Los Angeles, CA 90062

4227 Halldale Ave, Los Angeles, CA 90062

Sale: $640,000

5/30/20250.82 mi

Area:1,321 sqft
Price/sqft:$484
Beds:2
Baths:1
Year Built:
Weight:20.1%
3826 La Salle Ave, Los Angeles, CA 90062

3826 La Salle Ave, Los Angeles, CA 90062

Sale: $585,000

5/9/20250.46 mi

Area:1,184 sqft
Price/sqft:$494
Beds:4
Baths:2
Year Built:
Weight:19.6%
3105 Raymond Ave, Los Angeles, CA 90007

3105 Raymond Ave, Los Angeles, CA 90007

Sale: $1,025,000

8/19/20240.60 mi

Area:1,320 sqft
Price/sqft:$777
Beds:3
Baths:2
Year Built:
Weight:19.5%

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