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418 E 120th Street, Los Angeles, CA 90061

Los Angeles
Local realty services provided by:CENTURY 21 Valley Properties
418 E 120th Street,Los Angeles, CA 90061
$707,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: stephanie vitacco, lorraine casados
Office: equity union
MLS#:SR25215042
Source:CRMLS

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Price summary

  • Price:$707,000

About this home

Situated on a 6,057.2 sq ft lot in the Southeast Los Angeles Community Plan area, this rare investment opportunity offers both immediate rental income and significant redevelopment potential. The property features two tenant-occupied units, both identical in size with 4 bedrooms and 2 bathrooms: a front residence built in 1947 and a rear residence constructed in 2003. With R3-XL-CPIO zoning and location within a Transit Oriented Communities (TOC) Tier 3 and State Density Bonus eligibility area, the site provides multiple density pathways, ranging from a base entitlement of 7–8 units to as many as 20 units under applicable incentives such as TOC, State Density Bonus, and SELA CPIO programs (buyer to verify). The front unit is subject to the Los Angeles Rent Stabilization Ordinance (RSO) and AB 1482 protections, while the back unit is subject to AB 1482, offering stability of tenancy alongside clear legal frameworks for future planning. Conveniently located near major transit corridors,...

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Home facts

  • Year built:1947
  • Listing ID #:SR25215042
  • Added:139 day(s) ago
  • Updated:April 06, 2026 at 06:16 AM

Rooms and interior

  • Flooring:Tile
  • Kitchen Description:Gas Range, Range Hood

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Roof:Common Roof, Composition
  • Year built:1947
  • Lot Features:Irregular Lot, Near Public Transit, Street Level
  • Architectural Style:Bungalow
  • Construction Materials:Frame, Stucco
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$707,000

Features and amenities

  • Laundry features:Inside
  • Amenities:Attic, Ceiling Fans, Open Floor Plan, Tile Counters

Parking

  • Parking description:Concrete, Driveway, Electric Gate, Gated, Shared Driveway
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