1148 E 120th St, Los Angeles, CA 90059
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1148 E 120th St, Los Angeles, CA 90059
1148 E 120th St, Los Angeles, CA 90059
1148 E 120th St, Los Angeles, CA 90059
1148 E 120th St, Los Angeles, CA 90059
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Sharon Baluku

Sharon Baluku

+1(323) 381-0266
$ 2,800,000
Est. payment /mo
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1148 E 120th St Los Angeles, CA 90059

32 Beds

16 Baths

9,328 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,328 sqft

Price per Sqft $300

MLS Listing ID 26962533

Bedrooms 32

Year Built 1957

Lot Size 0.421 Acres

Acres 0.4215

Property Sub-Type Multi-Family

Property Description

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!

Location

State CA

County Los Angeles

Area Metropolitan South

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Ceiling Fan

Equipment Garbage Disposal, Freezer, Ceiling Fan, Dishwasher

Exterior

Parking Features Assigned

Garage Spaces 16.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Avenue Realty Group
Sharon Baluku
Sharon Baluku

Agent License ID: 02203810

+1(323) 381-0266 | sharon@omwoyo.com

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1148 E 120th St