647 E 38th Street, Los Angeles, California 90011, Los Angeles, - bed, bath
ACTIVE$925,000
647 E 38th Street, Los Angeles, California 90011
0Bed
0Bath
2,079Sqft
4,799Lot
Year Built
1951
Close
-
List price
$925K
Original List price
$950K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
DW25136888
Home ConditionGood
Features
Patio
View-
About this home
Move in ready, 2 on a lot features 3 bedroom's 2 full baths 2nd unit is 2 bedroom's 2 full baths. Beautiful kitchen with granite counter tops, updated bathrooms, tile flooring in the kitchen the living area and bathrooms. Great home for 1st time buyers live in 1 and rent the other for passive income. Close to freeways, schools and shopping centers. A must see home.
Nearby schools
4/10
Quincy Jones Elementary School
Public,•K-5•0.2mi
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•0.3mi
3/10
Trinity Street Elementary School
Public,•K-5•0.4mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.4mi
2/10
Harmony Elementary School
Public,•K-5•0.4mi
/10
Maple Primary Center
Public,•K-1•0.5mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•0.5mi
5/10
Dolores Huerta Elementary School
Public,•K-5•0.6mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.8mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.9mi
4/10
Nevin Avenue Elementary School
Public,•K-5•1.0mi
5/10
Twentieth Street Elementary School
Public,•K-5•1.0mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•1.1mi
5/10
San Pedro Street Elementary School
Public,•K-5•1.2mi
5/10
Menlo Avenue Elementary School
Public,•K-5•1.5mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•1.6mi
4/10
Norwood Street Elementary School
Public,•K-5•1.8mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•1.8mi
2/10
John W. Mack Elementary School
Public,•K-5•2.0mi
3/10
George Washington Carver Middle School
Public,•6-8•0.6mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•0.8mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•0.9mi
4/10
John Adams Middle School
Public,•6-8•0.9mi
2/10
John Muir Middle School
Public,•6-8•2.4mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.7mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•0.7mi
3/10
Nava College Preparatory Academy
Public,•9-12•0.7mi
5/10
Santee Education Complex
Public,•9-12•1.1mi
3/10
Manual Arts Senior High School
Public,•9-12•1.6mi
4/10
West Adams Preparatory High School
Public,•9-12•2.4mi
Price History
Date
Event
Price
08/03/25
$925,000
06/18/25
$949,999
12/06/23
Sold
$880,000
01/30/23
Sold
$460,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (24 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2,079 | 1,988 | 56% |
| Lot Size | 4,799 | 5,363 | 8% |
| Price | $925K | $710K | 88% |
| Price per square foot | $445 | $349 | 76% |
| Built year | 1951 | 1923 | 76% |
| HOA | |||
| Days on market | 140 | 167 | 32% |
Condition Rating
Good
The property, built in 1951, has undergone significant updates, particularly in the kitchen and bathrooms, which feature modern finishes like granite countertops, stainless steel appliances, and updated cabinetry. The flooring throughout the living areas and kitchen is tile or LVP, contributing to a move-in ready condition. While the property lacks central air conditioning (a wall heater is visible), the overall updates align with a home extensively renovated within the last 5-15 years, making it functional and well-maintained.
Pros & Cons
Pros
Income-Generating Potential: The property features two distinct units (3 bed/2 bath and 2 bed/2 bath), offering significant income potential for an owner-occupant or as a full rental investment.
Extensively Updated Interiors: Both units boast beautiful kitchens with granite countertops, updated bathrooms, and consistent tile flooring throughout, providing modern and appealing living spaces.
Turnkey Condition: Described as 'move-in ready,' the property requires minimal immediate investment from the buyer, allowing for quick occupancy or rental.
Strategic Location: Its proximity to freeways, schools, and shopping centers enhances convenience for residents and broadens its appeal to a wider range of potential tenants or buyers.
Flexible Ownership Opportunity: Ideal for first-time buyers looking to offset mortgage costs by renting one unit, or for investors seeking a dual-income residential asset.
Cons
Age of Structure: Built in 1951, while cosmetically updated, the underlying infrastructure (e.g., plumbing, electrical, roof) may be original or older, potentially leading to future maintenance or upgrade costs.
Lack of Desirable Views: The property explicitly states 'view: None,' which might be a drawback for buyers prioritizing scenic outlooks or commanding higher market value based on views.
Recent Price Reduction: The property has seen a price reduction from its original list price, which could indicate initial overpricing or a need to stimulate buyer interest in the current market.