1200 W 38th Street, Los Angeles, CA — listing photo 1
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FOR SALENew Listing

1200 W 38th Street

Los Angeles, CA 90037
12 Beds
15 Baths
5,755 Sq Ft
Built 2026
$2,899,000

Property Overview

Presenting a newly constructed, turnkey fourplex ideally located in the heart of Los Angeles, just moments from USC, the LA Memorial Coliseum, and major transportation routes. Designed for modern urban living and built with both tenant comfort and investment performance in mind, this brand new property offers a rare opportunity to acquire a high demand rental asset in one of LA's strongest and most consistent leasing markets. Each of the four residences features a bright, open concept floor plan with generous natural light and contemporary finishes throughout. Every unit is configured with three bedrooms, each with its own private bathroom, creating an ideal layout for student housing, shared living arrangements, or family occupancy. The design also allows for the potential addition of a fourth bedroom in each unit, providing a value add opportunity to further enhance rental income. In unit laundry is included in all residences for everyday convenience. All units are delivered vacant, offering complete flexibility for a new owner to implement a variety of leasing strategies. Rent units individually for long-term tenancy, lease per bedroom to meet the high demand for student housing, or master lease the entire building to a single operator. This versatility allows an investor to tailor operations to maximize returns. The property also includes six on site parking spaces, an increasingly valuable amenity in this high density neighborhood, further strengthening tenant appeal and rental competitiveness. A rare chance to own a newly built, low-maintenance fourplex in a prime Los Angeles location with strong rental demand, modern construction, and multiple income strategies available from day one.

Home Details

Property type
Residential Income
Year built
2026
Living area
5,755 sq ft
Lot size
5,227 sq ft
Parking
8 spaces
Stories
3
Days on market
8
MLS status
Active
Zoning
LARD1.5

Features & Amenities

Appliances

  • Disposal
  • Microwave
  • Refrigerator

Parking

  • Covered

Community, Schools & Utilities

Utilities

Heating
Central
Cooling
CentralAir
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Location & Neighborhood

1200 W 38th Street

Los Angeles, CA 90037

Frequently Asked Questions About 1200 W 38th Street

Property type: Residential Income

The current asking price is $2,899,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1200 W 38th Street. Our team will confirm availability and timing.
This 12 bedrooms and 15 bathrooms property offers approximately 5,755 square feet of living space. It was built in 2026. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 8 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Arash Pashaei
MLS ID: CLW-C130981

Available property

$2,899,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.