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1746 W 38th Place, Los Angeles, California 90062, Los Angeles, 90062 - 3 bed, 2 bath

1746 W 38th Place, Los Angeles, California 90062 home-pic-0
ACTIVE$725,000
1746 W 38th Place, Los Angeles, California 90062
3Beds
2Baths
2,488Sqft
5,409Lot
Year Built
1912
Close
-
List price
$725K
Original List price
$725K
Price/Sqft
$291
HOA
-
Days on market
-
Sold On
-
MLS number
PW25264722
Home ConditionPoor
Features
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $725.0K(43th), sqft - 2488(95th), beds - 3(50th), baths - 2(50th).

This super-sized home offers incredible potential in one of Los Angeles’s most sought-after neighborhoods. Featuring 3 bedrooms, 2 bathrooms, and a dedicated office, this property provides the space and flexibility ideal for large families or investors looking for their next project.While the home needs work, it offers a solid foundation to reimagine, renovate, and truly make your own. The generous layout and oversized rooms create the perfect canvas for customization, expansion, or modern upgrades. Located just a mile west of USC, Exposition Park, the LA Coliseum, the Natural History Museum, the California Science Center, and the brand-new Lucas Museum of Narrative Art, this home places you at the center of culture, education, and entertainment. You’re also close to shopping, dining, parks, schools, and major commuter routes a rare combination of space and location.

Price History

Date
Event
Price
12/01/25
Listing
$725,000
Condition Rating
Poor
Built in 1912, this property explicitly 'needs work' and requires 'extensive renovation' according to the listing description and property analysis. While some cosmetic updates like newer laminate flooring and a modern bathroom vanity/walk-in tub are present, these are superficial. The lack of kitchen images, combined with the age and the stated need for 'Age-Related System Updates,' indicates that major systems (electrical, plumbing, HVAC) are likely outdated and require substantial rehabilitation. The overall condition suggests significant investment is needed beyond cosmetic fixes to bring it to modern standards, aligning with the 'Poor' category.
Pros & Cons

Pros

Prime Location: Situated in one of Los Angeles's most sought-after neighborhoods, just a mile west of major cultural and educational hubs like USC, Exposition Park, the LA Coliseum, and several prominent museums, offering unparalleled access to amenities and entertainment.
Generous Space & Layout: A 'super-sized' home boasting 2488 sqft with 3 bedrooms, 2 bathrooms, and a dedicated office, featuring a generous layout and oversized rooms ideal for large families or those requiring ample living space.
High Investment Potential: Offers 'incredible potential' for investors or homeowners looking to customize, expand, or modernize, providing a 'solid foundation' and 'perfect canvas' for significant value appreciation through renovation.
Dedicated Home Office: Includes a dedicated office space, a highly desirable feature in today's market, offering flexibility for remote work or study.
Accessibility & Convenience: Close proximity to shopping, dining, parks, schools, and major commuter routes, ensuring convenience for daily living and transportation.

Cons

Extensive Renovation Required: The property explicitly 'needs work' and requires significant renovation to 'reimagine, renovate, and truly make your own,' implying substantial capital investment and effort beyond the purchase price.
Age-Related System Updates: Built in 1912, the home is over a century old, likely necessitating comprehensive updates to major systems such as plumbing, electrical, and HVAC, which can be costly and complex.
Lack of Modern Amenities/Finishes: Given its age and stated condition, the property likely lacks modern amenities, energy efficiency, and contemporary finishes, requiring a full overhaul to meet current buyer expectations.

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