For Sale
Multi family home for sale at 1148 E 120th Street, Los Angeles, CA 90059 | MLS# 26962533 | Listing updated on 2026-09-11
Photo 1 of Multi family home for sale at 1148 E 120th Street, Los Angeles, CA 90059 | MLS# 26962533 | Listing updated on 2026-09-11
Photo 2 of Multi family home for sale at 1148 E 120th Street, Los Angeles, CA 90059 | MLS# 26962533 | Listing updated on 2026-09-11
Photo 3 of Multi family home for sale at 1148 E 120th Street, Los Angeles, CA 90059 | MLS# 26962533 | Listing updated on 2026-09-11
Photo 4 of Multi family home for sale at 1148 E 120th Street, Los Angeles, CA 90059 | MLS# 26962533 | Listing updated on 2026-09-11
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Listed by: Jonathan Rawson (310) 869-9137 DRE #02010400 | Avenue Realty Group (310) 433-4293

$2,800,000

Monthly Est:$13,937

  • Beds Icon32 Beds
  • Beds Icon
    16 Baths
  • Beds Icon9,328sqft

1148 E 120th Street, Los Angeles, CA 90059

$13,937/moEst:

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  • Multi Family

  • Built in 1957

  • $-- HOA

  • 18,360 sqft lot

  • $300/sq.ft

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 constru...

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  • Houzeo last checked: 7 minutes ago
  • Listing updated: September 11, 2026 at 7:16 am
  • Source: California Regional MLS-CA | MLS#: 26962533 California Regional MLS-CA

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Building
1148 E 120th St
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Los Angeles County

  • City

    Los Angeles

  • Neighborhood

    Century Palms Cove

  • Year Built

    1957

  • HOA Fees

    -

  • Finished Area

    9,328 sqft

  • Lot Size

    18,360 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    26962533

  • MLS Status

    Active

  • Days on Market

    16

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 32

    Bathrooms: 16

Interior

  • Appliances

    Dishwasher, Disposal

  • Heating

    Wall Furnace

  • Interior Features

    Ceiling Fans

Utilities & Energy

  • Parking Features

    Assigned

  • Security Features

    Security Gate

Other Features

  • Tenant Pays

    Electricity, Gas

Price History

DateEventPrice

09/03/2026

Source: mls_logoCalifornia Regional MLS-CA #26962533

Listed for Sale

$2,800,000

$300/sqft

Based on information from California Regional Multiple Listing Service, Inc. as of Sep 19, 2026, 09:31PM and /or other sources. 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. Information being 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage

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