$15,600/mo

1200 W 38th Street, Los Angeles, CA 90037

  • 12 beds |
  • 15 baths |
  • 5,755 sqft
Rent shown is base rent as provided by the property owner or manager. Additional mandatory fees, deposits, or utilities may apply and are set by the property owner or manager.
  • Property Icon Rental
  • Property Year Built Icon Built in 1905
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $3/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

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

Listing Status:
Active
Date Added:
February 5, 2026
Data Last Updated:
February 8, 2026 at 12:07AM
Listing Office:
Keller Williams Beverly Hills : 310-432-6400
Listing Agent:
Arash Pashaei : 310-402-9161
MLS ID:
CL26648003
  • Appliances: MicrowaveRefrigerator
  • Flooring: Laminate
  • A/C: Central Air
  • Heating: Central
  • Fireplace: None
  • Style: Contemporary
  • Pool: None
  • Parking: Other
  • General: Multi/Split
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: LARD5037012010
  • View: None
  • Source: CRMLS

Presented by Veterans United Realty

This listing courtesy of Arash Pashaei , Keller Williams Beverly Hills

Location

Schools Nearby

L

Lenicia B. Weemes Elementary

1260 W 36th Pl, Los Angeles, CA, 90007

Grades PK-5

0.30 miles away

F

Foshay Learning Center

3751 S Harvard Blvd, Los Angeles, CA, 90018

Grades 6-12

0.55 miles away

F

Foshay Learning Center

3751 S Harvard Blvd, Los Angeles, CA, 90018

Grades 6-12

0.55 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.