12 Hours Ago
Location
1200 W 38th St, Los Angeles, CA 90037, USA|Congress North
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Amenities for 1200 W 38th St, Congress North
Apartment Amenities
| Central Air | Den |
Building
| Onsite Laundry |
Grounds
| Assigned Parking | Garage Parking |
| Three Parking Spaces |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Parking Policy
Assigned Parking
Questions about this property’s policies and fees?
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About 1200 W 38th St
Property Status: Active 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. Office Phone: (310) 432-6400 Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Source: The MLS/CLAW|MLS Listing No. 26648003
Address details
| Neighborhood | Congress North |
|---|---|
| Zip code | 90037 |
| Type | House for rent |
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Rent trends in Congress North
Median rents as of Jan 31 2026.
Congress North
Los Angeles
| Month | Median Rent |
|---|---|
| February 2024 | $6,400 |
| March 2024 | $6,336 |
| April 2024 | $6,197 |
| May 2024 | $6,565 |
| June 2024 | $7,279 |
| July 2024 | $6,775 |
| August 2024 | $6,782 |
| September 2024 | $6,774 |
| October 2024 | $6,667 |
| November 2024 | $6,298 |
| December 2024 | $6,812 |
| January 2025 | $7,500 |
| February 2025 | $8,462 |
| March 2025 | $6,860 |
| April 2025 | $6,345 |
| May 2025 | $6,227 |
| June 2025 | $6,221 |
| July 2025 | $6,519 |
| August 2025 | $6,612 |
| September 2025 | $6,437 |
| October 2025 | $6,102 |
| November 2025 | $5,897 |
| December 2025 | $5,411 |
| January 2026 | $5,469 |
| Month | Median Rent |
|---|---|
| February 2024 | $4,895 |
| March 2024 | $2,488 |
| April 2024 | $1,507 |
| May 2024 | $1,522 |
| June 2024 | $1,553 |
| July 2024 | $2,209 |
| August 2024 | $2,722 |
| September 2024 | $3,812 |
| October 2024 | $4,568 |
| November 2024 | $4,526 |
| December 2024 | $4,665 |
| January 2025 | $4,802 |
| February 2025 | $4,806 |
| March 2025 | $4,566 |
| April 2025 | $4,652 |
| May 2025 | $4,825 |
| June 2025 | $4,500 |
| July 2025 | $4,270 |
| August 2025 | $3,782 |
| September 2025 | $4,232 |
| October 2025 | $4,679 |
| November 2025 | $4,894 |
| December 2025 | $4,882 |
| January 2026 | $4,948 |
Schools near 1200 W 38th St
Lenicia B. Weemes Elementary School
1260 w 36th pl
los angeles, CA, 90007
K-5Public
C
Foshay Learning Center
3751 s harvard blvd
los angeles, CA, 90018
K-12Public
B+
Sophia T. Salvin Special Education Center
1925 budlong ave
los angeles, CA, 90007
K-10Public
Marlton
4000 santo tomas dr
los angeles, CA, 90008
K-12Public
City of Angels
221 s eman ave
los angeles, CA, 90063
K-12Public
B
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Internet available near 1200 W 38th St
Neighborhood
Congress North | Los Angeles, CA
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Los Angeles near 1200 W 38th St
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
8/10
Popular public transit options are just a short walk from this location.
Points of interest for 1200 W 38th St, Los Angeles
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
7/10
Variety of shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 20-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
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