ActiveSingleFamilyResidence

1627 W 38th Street

Los Angeles, CA, 90062

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$949,000

MLS: 26666013

Beds

4

Baths

3

Sq Ft

2,096

Lot

0.12 ac

Year Built

1909

MLS #

26666013

Days on Market

75

Listed

Apr 2, 2026

Description

This completely updated California Craftsman bungalow located in a mostly single family residential neighborhood is ideal for homeowners or investors seeking long-term value and excellent growth potential. The move-in-ready 4 bedroom, 3 bathroom home has been thoughtfully remodeled with new wood-like laminate flooring, double-pane energy-efficient windows, recessed lighting, crown molding, and low maintenance drought-tolerant landscaping. From the inviting covered front porch, step into a formal living space with a remodeled open kitchen offering plenty of cupboard space, soft-close cabinets, stainless- steel appliances, quartz countertops, updated fixtures, and a kitchen island perfect for entertaining. Through the kitchen is the large open family and dining room with a beautiful beamed ceiling completed by a stone fireplace. French doors lead to a large backyard with new DG landscaping, ideal for BBQs, gatherings with friends and family, or future expansion. The private primary suite has a completely remodeled en-suite bathroom and a walk-in closet. Three generously sized guest bedrooms provide flexibility for large families, multi-generational living, or those seeking extra workspace. Additional upgrades include paid-off solar panels, a new HVAC system, 200-amp electrical panel, new roof, updated electrical and plumbing, new attic insulation, foundation upgrades, an alarm system with security cameras, and fast charging EV charger ensuring both comfort and efficiency. A detached garage plus three additional parking spaces provides ample parking. Set on an expansive LAR2 zoned lot, this property presents excellent possibilities to enhance returns, including future ADU and duplex opportunities (buyer to verify) which could significantly increase income potential and overall property value. Ideally located near West Adams, Leimert Park, the high-demand USC rental market, the iconic LA Coliseum, which will host the 2028 Summer Olympics opening and closing ceremonies, BMO Stadium, Exposition Park with the brand-new Lucas Museum of Narrative Art, the 10 & 110 Fwys, and the Metro E Line Expo/Western Station with easy commute to Downtown LA, Santa Monica, and LAX, this homes is exceptionally well-positioned for rental income and long-term appreciation.

Location

Los Angeles, Los Angeles County, CA 90062

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Listed by: Karin Hollink · Coldwell Banker Realty

Payment estimate

$7,054

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $94,900 · Loan: $854,100

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$5,410
Property tax (1.25%)
$989
Homeowners insurance
$300
Mortgage insurance
$356
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Jun 11, 2026

30-year fixed
6.52%
15-year fixed
5.84%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $33,215 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.