#24420273, Filip Niculete, Listing Office: Marcus & Millichap
#25478655·
Listing Office: KW Advisors·
Listing Agent: Meir Frydman·
Listing Office Phone: 310-482-2200
1938 Butler Ave Los Angeles, CA 90025
$1,600,000 List price
0.1 acres
Land
Property details
About 1938 Butler Ave
The opportunity consists of a 2-unit apartment complex, each unit being a detached standalone structure. The front structure is a remodeled one-story building that is approximately 900 square feet. It consists of a 2 bedroom / 2 bathroom unit built in 1930. The back structure is a two-story building that is approximately 688 square feet. It consists of a 1 bedroom / 1 bathroom unit. The bottom floor has a two-car garage. There is also space between the two structures to park more vehicles if so desired. The investment is ideal both as an owner user opportunity, utilizing the front structure to live in and the back structure to rent out. Alternatively, one may also decide to rent both units to increase the cash flow of the property. The investment may also be utilized to develop the property. The ownership has plans that can be potentially renewed to build a three story 7,440 square foot 4 Unit (3 Units plus 1 ADU) over the existing 6,047 square foot lot. The project includes plans to build a three story three unit structure with an ADU. The total building structure would encompass 7,440 square feet. Unit 101 would be 2,995 square feet. Unit 102 (New ADU unit) would be 1,085square feet. Unit 201 would be 1,680 square feet. Unit 202 would be 1,680 square feet. The plans have since expired but may be renewed. Buyer to verify the plans and information provided herein. The property is conveniently located near the 405 and 10 freeways making it easier for commuting. It is within walking distance of the Metro ELine (Expo) at the Expo / Bundy Station stop. The apartment is within walking distance to a number of various amenities including cultural attractions, shopping centers, employment opportunities, and spiritual centers.
Highlights
Home typeOther
StatusActive
Lot size0.1388 Acres
MLS #25478655
Summary
- MLS Number: 25478655
- MLS Name: CRMLS
- Office Name: KW Advisors
- Office Phone: (310) 482-2200
- Listing Agent: Meir Frydman
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 1:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,600,000
1938 Butler Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 21, 2011 | Home Sold | $660,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $812,732 | $10,011 |
| 2023 | $796,797 | $9,821 |
| 2022 | $781,174 | $9,368 |
| 2021 | $765,858 | $9,249 |
| 2020 | $758,006 | $8,973 |
| 2019 | $743,144 | $8,896 |
| 2018 | $728,574 | $8,704 |
| 2017 | $714,289 | $8,704 |
History based on county public records data.
Nearby schools
6
Nora Sterry Elementary School
Public District KG-5
0.3 mi
•1730 Corinth Ave
9
Richland Avenue Elementary
Public District KG-6
0.9 mi
•11562 Richland Ave
6
Brockton Avenue Elementary
Public District KG-5
1.0 mi
•1309 Armacost Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $72,860. Most Los Angeles, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
29%
<35k
38%
35k-100k
26%
100k-200k
7%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
64%
Single, No Kids
4%
Single, with Kids
20%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
4%
12-17 yrs old
33%
18-34 yrs old
42%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Music Concerts
Hiking/backpacking
Where do the neighbors shop?
Bloomingdales
H&M
Crate & Barrel
Where do the neighbors go to eat?
Starbucks
Chipotle
Boston Market
What do the neighbors drive?
Audi
Volkswagen
Mercedes
What do the neighbors listen to?
News
Rhythmic Contemporary Hits- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1938 Butler Ave
This home is located at 1938 Butler Ave in Los Angeles, CA and zip code 90025 in the Sawtelle neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 8, 2025 and is currently priced at $1,600,000.
In January 2025, from all listings sold in Los Angeles, CA there were more than 294 sold above asking price, over 545 sold below and more than 161 were sold right at the asked price. The number of listings in Los Angeles, CA increased by 20.1% between December and January 2025. In January 2025 median list price was $1,035,435 and the average listing age was 45 days.
From Rocket Homes Real Estate and based on county public records data.