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!
Property Details
Price:
$2,800,000
MLS #:
26962533
Status:
Active
Beds:
32
Baths:
16
Type:
Single Family
Neighborhood:
c37metropolitansouth
Listed Date:
Sep 3, 2026
Finished Sq Ft:
9,328
Total Sq Ft:
9,328
Lot Size:
18,360 sqft / 0.42 acres (approx)
Year Built:
1957
See this Listing
Schools
Interior
Appliances
Disposal, Dishwasher
Heating
Wall Furnace
Interior Features
Ceiling Fan(s)
Levels
Two
Exterior
Common Walls
1 Common Wall
Parking Features
Assigned
Parking Spots
16
Parking Total
16
Security Features
Automatic Gate
Stories
2
Financial
Map
Community
- Address1148 E 120th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90059
Subdivisions in Los Angeles
- #5666 lot 114
- 12471
- 32524
- ARLINGTON HEIGHTS TERRACE SUBDIVISION NO. 1
- Bel Air
- BEL AIR CREST
- Biscuit Company Lofts
- Brentwood Country Estates
- Canyon Shores
- Cedar Lodge
- Culver District 16
- Doheny Estates
- Elysian Valley
- Glen Terrace
- Gramercy Park
- Hacienda Tularosa
- Highland Park Extension
- Hollywood Dell
- Koreatown, Los Angeles
- Lago Vista
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Los Angeles Southwest C 34
- Lucile Court
- Metropolis
- Metropolis Residences
- Nelavida
- North Burbank Blvd./ South Oxnard St./ West Vinela
- Not Applicable – 1007242
- Not Applicable-105
- Ocean Park Villa
- OTHR
- Outpost Estates
- Palisades Country Estates
- Park Place
- Pickford Court
- Savoy
- Silver Strand
- Subdivision Name / Tract: 5609
- The Hollywood Residences
- THE LONGFORD
- The Los Feliz Oaks
- The Ritz Carlton Residences
- The Sanborn Collection
- TRACT NO 28826 CONDOMINIUM UNIT 6
- Tract No. 10636
- Tract No. 8131
- Tract. No. 1033
- Westmont WMON
- Winton & McLeods Figueroa Tract
Market Summary
Current real estate data for Single Family in Los Angeles as of Nov 07, 2026
5,141
Single Family Listed
102
Avg DOM
525
Avg $ / SqFt
$2,000,845
Avg List Price
Property Summary
- 1148 E 120th ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90059. It is listed for $2,800,000 and features 32 beds, 16 baths, and has approximately 9,328 square feet of living space, and was originally constructed in 1957. The current price per square foot is $300. The average price per square foot for Single Family listings in Los Angeles is $525. The average listing price for Single Family in Los Angeles is $2,000,845.
Similar Listings Nearby
Courtesy of Avenue Realty Group. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.1148 E 120th ST
Los Angeles, CA