1650 W 38th Place
Los Angeles, CA, 90062
$525,000
MLS: DW26040198
Beds
2
Baths
1
Sq Ft
1,204
Lot
0.12 ac
Year Built
1909
MLS #
DW26040198
Days on Market
9
Listed
Feb 23, 2026
Description
Location Location Location Great Opportunity Bring your tool belt. Welcome to 1650 W. 38th Place — 2-bedroom, 1-bath 5405 Sq. Ft. lot built in 1909. Nestled in the heart of the sought-after Jefferson Park neighborhood Ideal for Investors, flippers, or anyone with a creative vision. Don't miss this opportunity to transition this property. Conveniently situated just minutes near Exposition Park, USC University, DTLA, The Expo Line, BMO Stadium and the upcoming George Lucas Museum and New developments. Will be delivered vacant. Don't miss this opportunity.
Location
Los Angeles, Los Angeles County, CA 90062
Open on Google Maps ↗Listed by: Lisa Smith · eXp Realty of Greater L.A
Payment estimate
$3,947
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $52,500 · Loan: $472,500
- Principal & Interest
- $2,903
- Property tax (1.25%)
- $547
- Homeowners insurance
- $300
- Mortgage insurance
- $197
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $18,375 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.
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