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About 1200 W 38th St
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. MLS# 26648003
1200 W 38th St is located in the South Central LA Neighborhood and 90037 Zip code of Los Angeles, CA.
Property Contact Info
Features and Amenities
Interior Features
- Washer/Dryer
Kitchen Amenities
- Microwave
- Refrigerator
- Disposal
Living Area Features
- Vinyl Flooring
- Den

Map
- Shopping
- Colleges
- Schools
- Grocery
- Medical
- Parks
- Transportation

Map
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about 1200 W 38th St
What type of rental is available at 1200 W 38th St?
There is currently a 12 Bed 15 Bath Condo for rent with 5,755 sq ft listed at 1200 W 38th St. It is .
How much is the rent at 1200 W 38th St?
The rental at 1200 W 38th St is currently listed at $15,600.
What area of town is 1200 W 38th St located in?
Located in the South Central LA Neighborhood, 1200 W 38th St is in the 90037 Zip Code of Los Angeles, CA.
Points of Interest
Time and distance from 1200 W 38th St.
Arts Museums and Landmarks
Big Box and Retail
Autozone
Walgreens
Goodwill
Colleges and Universities
University of Southern California - University Park Campus
Groceries
Smart & Final
Ralphs
Food 4 Less
Hospitals
Military Bases
Los Angeles Air Force Base
National Guard Armory South Bay Cities
Parks and Recreation
1200 W 38th St has 5 parks within 7.1 miles, including Exposition Rose Garden, La Brea Tarpits, Barnsdall Art Park, Bronson Canyon, and Beverly Gardens Park.
Restaurants and Dining
Shopping Centers
1200 W 38th St has 5 shopping centers within 0.8 miles.
Transit Stations
Nearby Neighborhoods
Nearby Apartments
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Los Angeles Studio Apartments | $2,120 | $621 | $10,000+ |
| Los Angeles 1 Bedroom Apartments | $2,698 | $645 | $10,000+ |
| Los Angeles 2 Bedroom Apartments | $3,509 | $798 | $10,000+ |
| Los Angeles 3 Bedroom Apartments | $5,029 | $700 | $10,000+ |
| Los Angeles 4 Bedroom Apartments | $4,068 | $850 | $10,000+ |
| Los Angeles 5 Bedroom Apartments | $4,624 | $999 | $10,000+ |
| Los Angeles 6 Bedroom Apartments | $8,900 | $8,100 | $10,000+ |
| Los Angeles 7 Bedroom Apartments | $1,831 | $1,085 | $9,800 |
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