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1200 W 38th StreetLos Angeles, CA 90037

For Sale

$2,975,000

Smart Buyer Rebate $29,750

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.

Listed by Arash Pashaei

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License #02024961

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Keller Williams Beverly Hills

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310-402-9161

Last updated January 24, 2026

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Source: CRMLS #25580789

Listing Facts

  • TypeMulti-family
  • NeighborhoodExposition Park West
  • Bedrooms12
  • Days on Prevu14
  • Size5,755 sqft
  • Price per sqft$517

Amenities

  • Air Conditioning
  • Parking

Location

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Listing History

01/16/2026
Listed by Keller Williams Beverly Hills
$2,975,000

Property Details for 1200 W 38th Street

Exterior

Construction

  • Number Of Units Total: 4
  • Stories Total: 3
  • Year Built: 2026

Measurements

  • Building Area Total: 5,755
  • Lot Size Acres: 0.12
  • Lot Size Area: 5,227
  • Lot Size Dimensions: 40,131
  • Lot Size Square Feet: 5,227
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $212,400.00

Taxes

  • Parcel Number: 5037012010

Interior

Features

  • Appliances: Disposal, Microwave, Refrigerator

Measurements

  • Living Area: 5,755
  • Living Area Source: Plans

Rooms

  • Bathrooms Total Integer: 15
  • Bedrooms Total: 12

Parking

Parking

  • Parking Features: Covered
  • Parking Total: 8

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 12 bedrooms in this multi-family home at 1200 W 38th Street.

Does this multi-family home have parking?

Yes, there are 8 parking spaces available for 1200 W 38th Street.

How does 1200 W 38th Street compare to other multi-family homes in Exposition Park West?

This multi-family home is listed 19% above the average price for multi-family homes in Exposition Park West and has been on the market for 73 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 5,755 sqft.

1200 W 38th Street is a 12-bedroom multi-family home for sale in Los Angeles CA 90037. Listed on Prevu for 14 days at $2,975,000. This home features 5,755 square feet of living space, located in Exposition Park West. The median listing price for multi-family homes in this area is $1,670,000. Property amenities include air conditioning and parking. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.