1200 W 38th Street, Los Angeles, CA 90037

Multi-Family · For sale · $2,899,000 · MLS# 26831517

Multi-Family for sale in Southern California — $2,899,000. 12 beds · 15 baths · 5,755 sqft. 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 buil…

1200 W 38th Street
For sale

$2,899,000

1200 W 38th Street, Los Angeles, CA 90037

12beds
15baths
5,755sqft
Multi-FamilyProperty type
2026Year built
5,227 sqft lotLot size
5,755 sqftLiving area
$504/sqftPrice / sqft
HOA
8 spacesParking

Facts & features

Interior

Bedrooms & bathrooms

  • Bedrooms: 12
  • Bathrooms: 15

Heating

  • Heating: Central

Cooling

  • Cooling: Central Air

Appliances

  • Included: Disposal, Microwave, Refrigerator

Interior area

  • Living area: 5,755 sqft

Property

Parking

  • Total parking spaces: 8

Lot

  • Lot size: 5,227 sqft

Construction

Type & style

  • Home type: Multi-Family

Condition

  • Year built: 2026

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 65 days
  • Price / sqft: $504
  • Status: Active
  • MLS#: 26831517

Location

  • City: Los Angeles
  • ZIP: 90037

About this home

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 updated: May 22, 2026 at 12:25 AM

Listed by: Arash Pashaei, Keller Williams Beverly Hills

Source: CRMLS, MLS#: 26831517, Originating MLS: California Regional MLS

Location

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Los Angeles

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Facts & features

Interior

Bedrooms & bathrooms

  • Bedrooms: 12
  • Bathrooms: 15

Heating

  • Heating: Central

Cooling

  • Cooling: Central Air

Appliances

  • Included: Disposal, Microwave, Refrigerator

Interior area

  • Living area: 5,755 sqft

Property

Parking

  • Total parking spaces: 8

Lot

  • Lot size: 5,227 sqft

Construction

Type & style

  • Home type: Multi-Family

Condition

  • Year built: 2026

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 65 days
  • Price / sqft: $504
  • Status: Active
  • MLS#: 26831517

Location

  • City: Los Angeles
  • ZIP: 90037

Price history

DateEventPrice
5/14/2026Source: CRMLS, #26831517Listed for sale$2,899,000$504/sqft
California Regional Multiple Listing Service (CRMLS)

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-22 00:25:08 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information