1200 W 38th St

Los Angeles, CA 90037
  • $2,975,000

    Price
  • 12

    Bed
  • 15

    Bath
  • 5,755

    SqFt

About the Listing CLW-X74054 - CLW-C130981

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.

Listing Highlights

Status Active
Days on Site 16
Property Type Multi-Family
MLS ® 25580789
Year Built 2026
Total Square Footage 5,755
Lot/Acreage 0.12

Interior Details

  • Bedrooms: 12
  • Bathrooms: 15 Full
  • Appliances: Disposal, Microwave, Refrigerator
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 8
  • Lot Dimensions: 40x131
  • Zoning: LARD1.5
  • Roof:
  • Others: 2+ Total Units
  • Sewer:
  • Parking Features: Covered

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5037012010
  • Tax Year: N/A

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Questions About..

1200 W 38th St Los Angeles, CA 90037

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Originating MLS: CRMLS

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