1411 W 38th St, Los Angeles, CA 90062

Triplex located in a very desirable IRS Opportunity Zone with huge tax benefits. First time on the market in over 50 years. Close to USC, walking distance to Metro, near the 10/110 freeway, minutes to DTLA and the new LAFC soccer stadium. 2 of 3 units are vacant. Please call for more information regarding the occupied unit. Front house is 3Bed/2Bath; Back unit consists of 1bed/1bath downstairs and 2bed/1bath upstairs. With projected rents you can anticipate a Cap Rate of 7%. Property is fully gated with a private driveway for front house and separate parking for back units with entrance from the alley. Recent Upgrades include: All New Water Heaters; Upgrades to Kitchen and Bathroom; Recently Painted.