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$2,899,000
73 Days On Site

1200 W 38th Street
Los Angeles, CA 90037

For Sale|Residential Income|Active
12
Beds
15
Total Baths
5,755
SqFt
$504
/SqFt
2026
Built
County:
Los Angeles
Call Now: (408) 868-2620
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(408) 868-2620
1200 W 38th Street1200 W 38th Street1200 W 38th Street1200 W 38th Street
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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.

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Listing Snapshot
Price 
$2,899,000
Days On Site 
73 Days
Bedrooms 
12
Inside Area (SqFt) 
5,755 sqft
Total Baths 
15
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.12 Acres
Year Built 
2026
MLS® Number 
26831517
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Plans
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.12
Land Lease 
No
Levels 
Multi/Split
Number Of Stories 
3
Parking 
Covered
Parking Spaces 
8
Special Circumstances 
Standard
SqFt Total 
5755
Zoning 
LARD1.5
Interior Features
Appliances 
DisposalMicrowaveRefrigerator
Cooling 
Central Air
Heating 
Central
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Community Features
MLS Area 
C34 - Los Angeles Southwest
Listing courtesy of Arash Pashaei of Keller Williams Beverly Hills

Based on information from the The MLS as of 2026-07-27 07:21 AM UTC. 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. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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