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About This Home
This 12-bedroom, 15-bathroom residential multi family at 1200 W 38th St in Los Angeles, CA is listed for $2,899,000 ($504 per sqft). Built in 2026, the home offers 5,755 sqft of living space on a 0.12 acres lot.
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.
Key Features
- Built in 2026
- 0.12 acre lot
- 3 stories
- 8 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$15,504/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1200 W 38th St
Los Angeles, CA 90037
Property Details
Parking
Heating
Cooling
Questions & Answers
This 12-bedroom, 15-bathroom residential multi family at 1200 W 38th St is listed at $2,899,000 ($504/sqft). The estimated monthly payment is $12,562 based on 20% down at 6.5% interest.
Key features include: Built in 2026, 0.12 acre lot, 3 stories, 8 parking spaces.
This property is listed by Arash Pashaei and can be reached at 3104029161 or arash.pashaei@gmail.com.








