
Los Angeles, California 90062
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $799,999—positioned well below the $783,241 Fair Market Value (Note: Market adjustment reflects current pricing). Featuring a Mint Condition Rating with recent high-quality renovations, this home offers modern comfort, including a new HVAC system and updated finishes. The property’s Direct Alley Access and Detached Garage provide significant ADU potential, blending immediate lifestyle appeal with long-term development upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home in a high-growth urban corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1849 W 38th Street Subject | $799,999* List Price | 3 | 2 | 1,222 | $641 | - |
A 1619 W 39th Street Sold | $750,000 | 3 | 2 | 1,237 | $606 | 0.4 mi |
B 2025 W Vernon Avenue Sold | $715,000 | 3 | 2 | 1,146 | $624 | 0.9 mi |
C 1857 W 41st Street Sold | $1,025,011 | 3 | 1 | 1,465 | $700 | 0.5 mi |
D 3980 Brighton Avenue Sold | $770,000 | 3 | 1 | 1,336 | $576 | 0.9 mi |
E 1618 Middleton Place Sold | $830,000 | 3 | 2 | 1,291 | $643 | 0.3 mi |
F 1758 W 41st Drive Sold | $900,000 | 3 | 1 | 1,321 | $681 | 0.7 mi |
G 3935 S Harvard Active | $899,999 List Price | 2 | 1 | 1,120 | $804 | 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 high-quality renovation within the last 5 years. It features a brand new central HVAC system, new flooring, fresh interior paint, and modernized bathrooms with contemporary vanities and fixtures. The home is in mint, move-in ready condition with no immediate maintenance required.
The property features essential modern upgrades including a new central HVAC system, fresh interior paint, and new flooring, blending 1920s character with contemporary move-in readiness.
The combination of a detached garage, a long gated driveway, and rare direct alley access provides significant potential for an ADU conversion or a secondary creative space.
Situated near USC, Exposition Park, and major stadiums, the home offers excellent connectivity to cultural landmarks and a trending local culinary scene, supporting long-term appreciation.
With only 1,222 square feet distributed across three bedrooms, the individual room sizes and common areas may feel constrained for larger households or those desiring spacious layouts.
Despite recent cosmetic and HVAC updates, the 1921 construction date suggests potential buyers should anticipate ongoing maintenance typical of older homes regarding legacy plumbing or electrical systems.
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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,222 | 1,672 |
| Lot Size | 5,162 | 6,067 |
| Price | $800.0K | $1.37M |
| Price per sq ft | $655 | $801 |
| Built year | 1921 | 1939 |
| HOA | $0 | $348 |
| Days on market | 15 | 56 |
Jul 7, 2026
$799,999
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