1200 West 38th Street Los Angeles, CA $ 2,975,000
1200 West 38th Street
$ 2,975,000
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1200 West 38th Street

Los Angeles, CA, 90037
$ 2,975,000
Baths0.0 Sq 5,755

Monthly Estimate*

$ 18,318

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,975,000. This 5,755 square foot home was built in 2026 on a lot size of 0.12.

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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Multi-Family Active

Price

$ 2,975,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.12

Year Built

2026

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025580789

Features
General
Living Area 5755.0
Heating Central
Cooling Central Air
Zoning LARD1.5
Year Built 2026
Levels Multi/Split
County Los Angeles
Net Operating Income 160838.0
New Construction No
Property Type C
HOA No
Status Active
City Los Angeles
Senior Community Y/N No
MLS Area C34 - Los Angeles SW
Lot Size Units Square Feet
Lot Size Square Feet 5227.0
Land Lease Y/N No
Standard Status Active
Year Built Source Builder
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Interior
Kitchen Appliances Disposal Refrigerator Microwave
Total Stories 3
Air Conditioning Y/N Yes
Heating Y/N Yes
Total Baths 0
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Exterior
Parking Features Covered
Lot Size Area 5227.0
Pool Y/N? Yes
Building Area Total 5755.0
Lot Dimensions 40x131
Lot Size Acres 0.12
Land Lease Type Fee
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* Excluded Features
List By
Arash Pashaei

Listing Agent

Keller Williams Beverly Hills

Broker

Affordability Calculator

$18,318
Per Month
100%
0%
0%
Monthly Principal & Interest
$18,318
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/16/2026$2,975,000 Listed Price

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1200 West 38th Street, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $2,975,000 with 5,755 sqft and a lot size of 0.12. 1200 West 38th Street is a studio with 0.0 baths and was built in 2026. The property's zip code is 90037 which is in Los Angeles, CA