858-525-5007

1148 120th, Los Angeles CA 90059 | $2,800,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 18360 Lot Sq Ft
  • Type:
  • Stories: 2
  • Year Built: 1957
  • MLS#: 26962533
  • Community: C37 - Metropolitan South

Listing provided courtesy of Jonathan Rawson of Avenue Realty Group. Last updated 2026-09-23 08:10:56.000000. Listing information © 2025 SANDICOR.

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!

More Details

0.42 Acres
2 Stories

David Piper​

Call or Text: 858-525-5007

DRE# 02021985