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1200 38th Street, Los Angeles, CA 90037
Priced at Only: $2,899,000
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Address: 1200 38th Street, Los Angeles, CA 90037
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  • MLS#: 26653451 ( )
  • Street Address: 1200 38th Street
  • Viewed: 1
  • Price: $2,899,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2026
  • Bldg sqft: 0
  • Days On Market: 9
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90037
  • Provided by: Keller Williams Beverly Hills
  • Contact: Arash Arash
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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.
Features
Appliances
  1. Disposal
  2. Microwave
  3. Refrigerator
Building Area Total
  1. 5755.00
Cooling
  1. Central Air
Country
  1. US
Heating
  1. Central
Levels
  1. Multi/Split
Netoperatingincome
  1. 160838.00
Parcel Number
  1. 5037012010
Parking Features
  1. Covered
Postalcodeplus4
  1. 1106
Sourcesystemkey
  1. 26653451:CLAW
Totalexpenses
  1. 45191.00
Year Built
  1. 2026
Year Built Source
  1. Builder
Zoning
  1. LARD1.5
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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