
Los Angeles, California 90062
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $849,999—positioned above the $772,796 Fair Market Value. While priced at a premium, the property features a Mint Condition Rating with recent renovations including new flooring and updated HVAC. The home offers significant long-term potential through its detached garage and direct alley access, ideal for an ADU conversion. Located near USC and major transit hubs, this property provides a blend of modern comfort and strategic growth. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1849 W 38th Street Subject | $849,999* List Price | 3 | 2 | 1,222 | $632 | - |
A 2025 W Vernon Avenue Sold | $715,000 | 3 | 2 | 1,146 | $624 | 0.9 mi |
B 3980 Brighton Avenue Sold | $770,000 | 3 | 1 | 1,336 | $576 | 0.9 mi |
C 1619 W 39th Street Sold | $750,000 | 3 | 2 | 1,237 | $606 | 0.4 mi |
D 1618 Middleton Place Sold | $830,000 | 3 | 2 | 1,291 | $643 | 0.3 mi |
E 3890 S Harvard Boulevard Pending | $799,900 List Price | 2 | 2 | 1,252 | $639 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1921, the property has undergone a recent comprehensive renovation (likely <5 years) as evidenced by the new flooring, fresh interior paint, and updated central HVAC mentioned in the description. The bathrooms feature modern vanities and the home is in mint, move-in ready condition with no visible maintenance needs.
The home features significant contemporary updates including fresh interior paint, new flooring, and a newly updated central HVAC system, blending 1920s character with essential modern comforts.
The property offers a detached garage, a long gated driveway, and rare direct alley access, providing an ideal footprint for a future ADU conversion or creative studio.
Situated in a culturally rich neighborhood near USC and Exposition Park, the home provides exceptional access to major landmarks like BMO Stadium and top-tier local dining.
With 1,222 square feet distributed across three bedrooms, the individual room sizes and communal living areas may feel restrictive for buyers prioritizing spaciousness.
Built in 1921, the property may present typical vintage constraints such as limited closet storage and potential legacy maintenance needs common in homes of this era.
Nestled between Leimert Park and Exposition Park, 1849 W 38th Street blends timeless Los Angeles character with thoughtful modern comfort in one of the city’s most connected and culturally rich neighborhoods. This inviting 3-bedroom, 2-bathroom home is filled with natural light and designed with an easy, functional flow that instantly feels warm and welcoming. The entertaining spaces are thoughtfully positioned on the left side of the home, while all bedrooms are privately tucked along the right half, creating a comfortable sense of separation for both everyday living and hosting. Fresh interior paint, new flooring, updated central HVAC, and expansive windows throughout create a bright and airy atmosphere from the moment you step inside. The living and dining spaces flow seamlessly together, balancing comfort, openness, and practicality for everyday living. Sunlight pours through the home throughout the day, enhancing the clean finishes and creating an environment that feels both elevated and relaxed. Step outside to a spacious backyard designed for gathering, relaxing, and enjoying Southern California living. A pergola-covered patio creates the perfect setting for outdoor dining, weekend get-togethers, or slow mornings with coffee. Surrounded by mature greenery, the yard features fruit-bearing mandarin, lemon, and grapefruit trees, along with a flourishing passionfruit vine that adds charm and character to the outdoor space. A long gated driveway leads to a detached garage, offering ample parking and exciting potential for a future ADU, creative studio, home office, or guest space. Adding to the home’s versatility, 1849 W 38th Street is also one of the few homes in the neighborhood with direct alley access, a rare and valuable feature that enhances both convenience and long-term potential. Located just minutes from USC, BMO Stadium, the LA Memorial Coliseum, and Science Center, the home also places you near some of LA’s favorite local destinations including Apollonia's Pizzeria, Cento Pasta Bar, Halfday Coffee, Cafe 5, Holbox, and Maydan Market. Offering a rare combination of warmth, functionality, outdoor space, and central access, this home captures the essence of comfortable Los Angeles living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,222 | 1,443 | 26% |
| Lot Size | 5,162 | 5,463 | 19% |
| Price | $850.0K | $757.5K | 64% |
| Price per sq ft | $696 | $549 | 88% |
| Built year | 1921 | 1913 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 153 | 2% |
Jun 2, 2026
$849,999
Initial Listing
Jul 12, 2022
$820,000
Public Record
Nov 10, 2011
$263,000
Public Record
Mar 31, 2010
$162,000
Public Record
Dec 19, 2005
$320,000
Public Record
Jan 15, 2003
$224,000
Public Record
Jul 27, 2001
$149,000
Public Record