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!