1148 East 120th Street Los Angeles, CA ^$ 2,800,000

1148 East 120th Street

^$ 2,800,000

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1148 East 120th Street

Los Angeles, CA, 90059

^$ 2,800,000

Studio Baths0.0 Sq 9,328

Monthly Estimate*

^$ 17,679

1148 East 120th Street, Los Angeles, CA 90059 - Image 1

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1148 East 120th Street, Los Angeles, CA 90059 - Image 9

1148 East 120th Street, Los Angeles, CA 90059 - Image 10

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,800,000. This 9,328 square foot home was built in 1957 on a lot size of 0.42.

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!

Multi-Family Active

Price

^$ 2,800,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.42

Year Built

1957

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026962533

Features

General

Living Area 9328

Heating Wall Furnace

Zoning LAC2

Security Features Automatic Gate

Year Built 1957

Tenant Pays Electricity Gas

Levels Two

County Los Angeles

New Construction false

Property Type Residential Income

HOA false

Status Active

City Los Angeles

Senior Community Y/N false

MLS Area Metropolitan South

Lot Size Units Square Feet

Lot Size Square Feet 18360

Additional Parcels Y/N false

Standard Status Active

Interior

Interior Amenities Ceiling Fan(s)

Total Stories 2

Heating Y/N true

Total Baths 0

Exterior

Parking Features Assigned

Lot Size Area 18360

Building Area Total 9328

Lot Size Acres 0.42

* Excluded Features

List By

Jonathan Rawson

Listing Agent

Avenue Realty Group

Broker

jon@avenuerg.com

Affordability Calculator

$17,679

Per Month

Monthly Principal & Interest: $17,679
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$1,871,967

Percent of Sale Price 33%

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

0 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/3/2026	$2,800,000		Listed Price

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1148 East 120th Street, Los Angeles, CA, 90059 is a Multi-Family Home for sale at $2,800,000 with 9,328 sqft and a lot size of 0.42. 1148 East 120th Street is a studio with 0.0 baths and was built in 1957. The property's zip code is 90059 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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 Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 9/3/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1148 East 120th Street

Multi-Family Home for sale in Los Angeles, CA

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