615 W 120th Street Los Angeles, CA ^$ 879,000

615 W 120th Street

^$ 879,000

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615 W 120th Street

Los Angeles, CA, 90044

^$ 879,000

Studio Baths2.0 Sq 4,244

Monthly Estimate*

^$ 5,484

Listed by MICHELLE LOWE REAL ESTATE

615 W 120th Street, Los Angeles, CA 90044 - Image 1

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $879,000 with 2 full baths. This 4,244 square foot home was built in 1940 on a lot size of 0.1912.

What an Amazing Development Opportunity. Seller is offering APPROVED Plans for 4 UNITS x 3bd Two story Apartment Building. Permit Fees ARE PAID. Buyer can CLOSE, Show UP with WORK crew, & Start Building & calling for inspections (Must close Escrow). THIS is Ready to BUILD. Seller submitted an additional plan for 2 ADU's (pending) 1x3bd, 1x2 bd, Buyer can look into NEW 2025 ADU laws for existing UNITS and try for 4 TOTAL ADU's. Zoning is RD-2, Has NOT been used as a RENTAL, which also may be eligible for SB 684 subdivision. Look CLOSER. Start your BUILD NOW!

Multi-Family Contingent

Price

^$ 879,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1912

Year Built

1940

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

CV25185094

Days on Market

110

Features

General

Sewer Other

Zoning LARD2

Garage Spaces 2

Pool Features None

Year Built 1940

Stories Count 2

Levels Two

Property Subtype Quadruplex

Gross Income 0

Community Features Curbs Urban

County Los Angeles

Net Operating Income 0

Operating Expense 0

Insurance Expense 0

New Construction false

Property Type Residential Income

Contingency Contingent on construction financing

Garage Y/N true

Special Listing Conditions Standard

Status Active Under Contract

Directions East of Hoover on 120th

City Los Angeles

Entry Location front

Senior Community Y/N false

Number Of Units Total 4

MLS Area C34 - Los Angeles Southwest

Lot Size Units Square Feet

Lot Size Square Feet 8328

Listing Terms Cash Cash to New Loan Owner May Carry

Property Attached Y/N true

Land Lease Y/N false

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N false

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Active Under Contract

Year Built Source Assessor

Tax Lot 73

Property Sub Type Additional Quadruplex

Interior

Total Stories 1

Common Walls 1 Common Wall

Laundry Features Common Area

Entry Level 1

Exterior

Lot Features Rectangular Lot

Water Source Public

Total Parking 2

Inclusions Approved plans for a new 4-unit building & plans in progress for 2 additional ADUs

Lot Size Area 8328

Number of Buildings 1

Building Area Total 4244

Lot Size Acres 0.1912

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

* Excluded Features

List By

Michelle Lowe Real Estate

Broker

michellelowe@michellelowe.com

Affordability Calculator

$5,484

Per Month

Monthly Principal & Interest: $5,484
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,903,585

Percent of Sale Price 117%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$879,000		Listed Price

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615 W 120th Street, Los Angeles, CA, 90044 is a Multi-Family Home for sale at $879,000 with 4,244 sqft and a lot size of 0.1912. 615 W 120th Street is a studio with 2.0 baths and was built in 1940. The property's zip code is 90044 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/22/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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615 W 120th Street

Multi-Family Home for sale in Los Angeles, CA

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