$2,899,000
1200 W 38th Street, Los Angeles CA 90037
Multi-Family (4 Units)
Property type
22 days
On market
$504
Price per sqft
N/A
Garage
2026
Year built
5,227 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Arash Pashaei DRE #02024961 310-402-9161, Keller Williams Beverly Hills
Listing updated: May 22, 2026 at 07:25am.
Last checked: Jun 3, 2026 at 02:30pm
Source: CRMLS #26831517
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 3 | — | $0 | $0 | $4,200 | Unfurnished |
| 1 | 3 | 4 | — | $0 | $0 | $4,500 | Unfurnished |
| 1 | 3 | 4 | — | $0 | $0 | $4,500 | Unfurnished |
| 1 | 3 | 4 | — | $0 | $0 | $4,500 | Unfurnished |
# of Buildings: 2
# of Units Total: 4
Disposal: 4
Refrigerator: 4
Financial Snapshot
Gross Rent Multiplier
13.6x
List Price / Annual Gross Rent
Cap Rate
5.55%
NOI / List Price
Net Operating Income: $160,838
Interior
Cooling: Central Air
Heating: Central
Appliances: Disposal, Microwave, Refrigerator
Exterior
Stories Total: 3
Levels: Multi Split
Garage and Parking
Parking: Covered
Parking Total: 8
Lot Information
Land Lease: No
Parcel #: 5037012010
Zoning: LARD1.5
Lot Size Dimensions: 40x131
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1200 W 38th Street, Los Angeles, CA 90037. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,319,200
Total Interest
$2,958,012
Total Payment
$5,277,212
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$17,829
per month
Property History for 1200 W 38th Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90037.
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