Properties

Los Angeles, CA 90037 1200 W 38th Street

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Presented By: Arash Pashaei with Keller Williams Beverly Hills;
  • MLS# 26648003
  • 02/05/2026
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  • Beds • 12
  • Baths • 15
  • SQFT • 5,755

Home Details

Exceptional Master Lease opportunity featuring a brand-new construction fourplex, fully vacant and ready for immediate operation. Ideally located in the heart of Los Angeles, just minutes from USC, the LA Memorial Coliseum, and major transportation corridors, this property is perfectly suited for student housing, shared living, or institutional rental strategies in one of LA's strongest demand submarkets. The offering includes four newly built units, each featuring 3 bedrooms and 4 bathrooms, with every bedroom designed as a private suite. Bright open-concept floor plans, abundant natural light, contemporary finishes, and in-unit laundry in all residences provide modern comfort and efficiency. Each unit also offers the potential to add a fourth bedroom, creating a clear value-add upside for increased revenue. All units are delivered vacant, providing maximum flexibility for an operator to implement multiple leasing strategies, including per-bedroom leasing, traditional unit rentals, or structured co-living operations under a single master lease. The property includes assigned parking, with six on-site parking spaces, a highly desirable feature in this high-density neighborhood. This is a rare opportunity to secure a new construction, low-maintenance asset under a master lease in a prime Los Angeles location with consistent rental demand, modern design, and strong income potential from day one.
Presented By: Arash Pashaei with Keller Williams Beverly Hills;

Interior Features for 1200 W 38th Street

Bedrooms

Total Bedrooms12

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths15

Other Interior Features

LivingAreaSourcePlans
Air Conditioning Y/NYes
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate
Furnished Y/NUnfurnished
Heating Y/NYes
Total Stories

General for 1200 W 38th Street

AppliancesDisposal, Microwave, Refrigerator
Architectural StyleContemporary
CityLos Angeles
CoolingCentralAir
CountyLos Angeles
DirectionsSouth of Exposition Blvd, West of Vermont Ave, East of Normandie Ave
Full Baths15
HOANo
HeatingCentral
LevelsMultiSplit
Living Area5755
Lot Size Square Feet5227
Lot Size UnitsSquareFeet
MLS AreaC34 - Los Angeles Southwest
New ConstructionNo
Ok to LeaseTwelveMonths
Pets AllowedYes
Pool FeaturesNone
PostalCityLOS ANGELES
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidentialLease
Security Deposit15600
Senior Community Y/NNo
Standard StatusActive
StatusActive
Structure TypeTownhouse
Tenant PaysElectricity, Gas, TrashCollection, Water
ViewNone
Year Built1905
ZoningLARD1.5

Exterior for 1200 W 38th Street

Building Area Total5755
Lot Dimensions40x131
Lot Size Acres0.12
Lot Size Area5227
Parking FeaturesCommunityStructure
Private PoolNo
Total Parking8

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $15,600
MLS#26648003
List Date 02/05/2026
Property Type Rentals
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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