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1200 W 38th Street, Los Angeles, CA 90037

$2,899,000

$504 per ft²

12 Bed

15 Bath

5,755 Sq Ft

0.12 Acres

Listing Office: Keller Williams Beverly Hills

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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.

Listing Agent: Arash Pashaei

License Number: 02024961

Offered by: Keller Williams Beverly Hills

Office Phone: 310-432-6400

MLS: #26653451

California Regional MLS

Date Added: 02/18/2026 12:00:00 am

Last Update: 02/18/2026 09:53:41 pm

Days on Market: 2

Interior

Appliances: Disposal,Microwave,Refrigerator
A/C: true, Central Air
Heating: true, Central

Exterior

Parking: Covered, Parking spaces: 8

Construction

General: 3

Location

Originating MLS: CRMLS_CL
County: Los Angeles

Lot

Zoning: LARD1.5, 5037012010

Financial

Source: CRMLS_CL

Property

Year Built: 2026
Type: Multi-Family
Neighborhood: Exposition Park
Parcel #: 5037012010

02/05/2026$15,600@ 3 per ft²Listed

02/05/2026Active

Listing Broker

Tade Keshishyan

1 @

License #: 02190628

Email: [email protected]

Phone: 8183592303

Location: CA

Last Updated: 02/18/2026 09:53:41 pm

Offered by: Arash Pashaei, 02024961, 310-402-9161 @ Keller Williams Beverly Hills

MLS: #26653451

Source: California Regional MLS

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1200 W 38th Street, Los Angeles, CA 90037 is a 12 Bed, 15 Bath, 5,755 Sq Ft, 0.12 Acres, Multi-Family built in 2026.

This property is currently available and was listed by California Regional MLS on 02/18/2026 12:00:00 am. The MLS # for the property is MLS #26653451.