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1148 E 120th Street, Los Angeles, CA 90059

Los Angeles
Local realty services provided by:CENTURY 21 Valley Properties
1148 E 120th Street,Los Angeles, CA 90059
$2,800,000
  • 32 Beds
  • 16 Baths
  • 9,328 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan rawson
Office: avenue realty group310-433-4293
MLS#:26962533
Source:CRMLS

Price summary

  • Price:$2,800,000
  • Price per sq. ft.:$300.17

About this home

This property is part of a rare opportunity to acquire a 4 building, 52 unit portfolio in South Los Angeles. 1142-1148 E 120th Street is a well maintained, recently updated and professionally managed 16-unit apartment building with all 2 Bed/1 Bath units and on-site gated parking for tenants. The property sits on a massive 18,356 SF lot and favorably zoned LAC2 for land value. Location is family friendly for tenants being across the street from Magic Johnson Park, and very mobile being just blocks to/from the 105 freeway and minutes to/from the 110 freeway. The portfolio purchase features an in-place 8.76x GRM and 7.56% cap rate, and all properties are late 1950's construction assets with parking for tenants, and a unit mix of (36) 1 Bed/1 Bath & (16) 2 Bed/1 Bath units -- NO studios, bachelors or singles!

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Home facts

  • Year built:1957
  • Listing ID #:26962533
  • Added:9 day(s) ago
  • Updated:September 13, 2026 at 11:08 AM

Rooms and interior

  • Bedrooms:32
  • Total bathrooms:16
  • Kitchen Description:Dishwasher, Disposal
  • Living area:9,328 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1957
  • Building area:9,328 sq. ft.
  • Lot area:0.42 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,800,000
  • Price per sq. ft.:$300.17

Features and amenities

  • Appliances:Dishwasher, Disposal
  • Amenities:Ceiling Fans

Parking

  • Total parking spaces:16
  • Parking description:Assigned
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Valley Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Valley Properties, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Anthony Guetzoian

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