Great investment opportunity in the heart of Los Angeles! This well-located 3-unit property offers versatility for both owner-users and investors. The front unit features 3 spacious bedrooms and 1 bathroom, while the other two units are studios, each with its own bath, ideal for extended family or rental income. Per assessor records, the property is classified as a duplex, with a total building area of approximately 1,471 square feet on a 6,405 square foot lot. The lot offers ample outdoor space, and there is a driveway for parking. Centrally situated with quick access to the 105 and 110 freeways, the property is located near Magic Johnson Park, the Earvin "Magic" Johnson Recreation Area, local schools, and community services. SoFi Stadium, the Kia Forum, and the newly completed Intuit Dome are also nearby, contributing to the area’s growing appeal and strong rental demand. Whether you’re looking to supplement your mortgage with rental income or expand your real estate portfolio, this property presents a compelling opportunity in an up-and-coming neighborhood.
Property Details
Price:
$609,000
MLS #:
25524759
Status:
Active Under Contract
Baths:
0
Address:
1202 E 127th Street
Type:
Residential Income
Neighborhood:
c37metropolitansouth
City:
Los Angeles
Listed Date:
Apr 12, 2025
State:
CA
ZIP:
90059
Lot Size:
6,405 sqft / 0.15 acres (approx)
Year Built:
1942
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Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Architectural Style
Traditional
Parking Features
Driveway
Parking Spots
0.00
Financial
Map
Community
- Address1202 E 127th Street Los Angeles CA
- AreaC37 – Metropolitan South
- CityLos Angeles
- CountyLos Angeles
- Zip Code90059
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1202 E 127th Street
Los Angeles, CA
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