# 1200 W 38th St, Los Angeles, CA 90037

> **TL;DR:** 12bd/15ba residential multi family, $2,899,000 ($504/sqft), built 2026, 5,755 sqft.
> A/C. Est. $12,562/mo. Listed 18 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,899,000 |
| Price/sqft | $504 |
| Bedrooms | 12 |
| Bathrooms | 15 full |
| Square Feet | 5,755 |
| Year Built | 2026 |
| Lot Size | 5,227 sqft (0.12 acres) |
| Stories | 3 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 18 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $12,562 |
| **Total** | **$12,562** |

## Key Amenities

- A/C

## Property Highlights

- Built in 2026
- 0.12 acre lot
- 3 stories
- 8 parking spaces

## Description

### Agent Description
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.

## Location

- **Address:** 1200 W 38th St, Los Angeles, CA 90037
- **County:** Los Angeles
- **Coordinates:** 34.017065, -118.297494
- **Google Maps:** https://www.google.com/maps?q=34.017065,-118.297494

## Listing Agent

- **Name:** Arash Pashaei
- **Brokerage:** Keller Williams Beverly Hills
- **Phone:** 3104029161
- **Email:** arash.pashaei@gmail.com

## Primary Photo

![1200 W 38th St - Primary Photo](http://lh.rdcpix.com/7b7f330a57d4c8ecfb9954760aba93d8l-f1244761210r.jpg)

*15 total photos available on [listing page](https://www.propertysimple.com/listing/1200-w-38th-st-los-angeles-ca-90037-26831517)*

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**MLS#:** 26831517 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1200-w-38th-st-los-angeles-ca-90037-26831517)

---

## Structured Data

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  "name": "1200 W 38th St, Los Angeles, CA 90037",
  "description": "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",
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