1138 W 38th St, Los Angeles, CA 90037

They say opportunity comes once in a life time, in the case of 1138 W. 38th St Los Angeles, this is that opportunity. This property offers 2 homes on one lot in the bustling Exposition park area, of Los Angeles. Beaming with opportunity, the 3bd/2bth can rent for $3800 while the 2 bed/1 bath can rent for as much as $2400 . The property is owner occupied and will be delivered vacant at the close of escrow. Surrounded by Los Angeles landmarks such as USC, the Coliseum, the LA Metro Expo Light Rail line, the LAFC stadium,as well as, the billion dollar George Lucas Narrative Art museum, The local area surrounding the campus is poised to continue it's growth well into the future. Most intriguing about this property are the development prospects, this home is zoned LARD1.5 which allows for one dwelling unit to be built per 1,500 square feet of lot space. Meaning, a maximum of four new construction units may be developed on this 7000 sqft lot. This is ideal for the developer looking to establish student housing for the famous institution of higher learning only blocks away. Come see all this property has to offer for you and your portfolio today!!