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  • 1200 W 38Th Street

1200 W 38th Street, Los Angeles, CA 90037

$2,899,000 Approx. USD 12 beds, 15 baths
5,755 sqft
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Photo of Scott Waid

Scott Waid REALTORĀ® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
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Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
Phone: 858-487-3520
Fax: 858-451-0932
Rancho Bernardo 16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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Fax: 858-451-0932
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Listing Agent


Arash Pashaei | arash.pashaei@gmail.com
Lic#: 02024961
Broker: Courtesy of Keller Williams Beverly Hills
Phone: 310-402-9161

Agent Remarks

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 Details

Property type: (Multi-Family)
Status: Active
MLS# 26831517
Price: $2,899,000
Beds: 12
Baths: 15
Built in 2026
5,755 sqft
0.12 acres
Lot size: 0.1200
County: Los Angeles
Zoning: LARD1.5
Appliances: Disposal,Microwave,Refrigerator
Parking description: Covered
Heating/cooling: Central Air
Heating description: Central
MLS area: C34 - Los Angeles Southwest

Last Updated: 5/22/2026

 Days On Market (DOM): 37

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This listing belongs to the C34 - Los Angeles Southwest MLS area

Lat/Long: 34.017065, -118.297494.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Scott Waid

Scott Waid REALTORĀ® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
Text Me
Call My Cell
Call My Office
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com

Rancho Bernardo Office
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San Diego, CA 92128
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