714-745-2708

1148 E 120th Street, Los Angeles, CA 90059

$2,800,000 Approx. USD 32 beds, 16 baths
9,328 sqft

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Jonathan Rawson | jon@avenuerg.com
Lic#: 02010400
Broker: Courtesy of Avenue Realty Group
Phone: 310-869-9137

Agent Remarks

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!

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26962533

Price: $2,800,000

Beds: 32

Baths: 16

Built in 1957

9,328 sqft

2 stories

0.42 acres

Lot size: 0.4215

County: Los Angeles

Zoning: LAC2

Interior features: Ceiling Fan(s)

Appliances: Dishwasher,Disposal

Parking description: Assigned

Heating description: Wall Furnace

MLS area: C37 - Metropolitan South

Last Updated: 9/11/2026

Days On Market (DOM): 23

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This listing belongs to the C37 - Metropolitan South MLS area

Lat/Long: 33.923329, -118.254990.
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