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$2,800,000

  • For Sale
  • Active
  • Multi-Family
  • 32 Total Beds
  • Updated 7 days ago
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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!

Full Property Details for 1148 E 120th St

General

  • Price: $2,800,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26962533
  • Updated: 9/3/2026
  • Added to Site: 8 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 16

Bedrooms

  • Total Bedrooms: 32

Additional Information

  • Security/Safety: Automatic Gate
  • Other Features: None

Parking

  • Garage Description: Assigned

Location

  • Area: Metropolitan South
  • County: Los Angeles
  • Driving Directions: West of Central, South of 105, North of El Segundo Blvd, East of Avalon

Heating & Cooling

  • Cooling Type: Ceiling Fan
  • Heating Type: Wall

Structural Information

  • # Buildings: 2
  • Common Walls: Attached
  • Stories/Levels: 2
  • Square Feet: 9,328
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1957
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 16
  • Unit Type: 2106

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.4215
  • Lot Size: 18360
  • Lot Size Source: Vendor Enhanced
  • Zoning: LAC2

Financial Considerations

  • Price Per Sq. Ft.: $300.17
  • Price Per Unit: 175000
  • Assessment Year: 1957
  • Owner Pays: Water, Gardener
  • Tenant Pays: Gas, Electricity

Disclosures and Reports

  • Disclosures/Reports: As Is
  • APN: 6086-036-022

Listed by Avenue Realty Group, Jonathan Rawson

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Listing agent

— 1148 E 120th St —

  • Jonathan Rawson

    Avenue Realty Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1148 E 120th St

School District:Los Angeles Unified School District
NameGradesDistance
One Hundred Sixteenth Street Elementary School
11610 Stanford Avenue, Los Angeles, CA 90059
K-50.5 mi
Samuel Gompers Middle School
234 East 112th Street, Los Angeles, CA 90061
7-81.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1148 E 120th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/03/2026
Listed
$2,800,000
8.53%
MLS
6/24/2020
Sold
$2,580,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1148 E 120th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$37,368
—
$2,848,526
2%
2025
$37,368
1%
$2,792,673
2%
2024
$36,847
2%
$2,737,916
2%
2023
$36,166
5%
$2,684,232
2%
2022
$34,600
1%
$2,631,600
2%
2021
$34,149
48%
$2,580,000
61%
2020
$23,062
4%
$1,603,386
2%
2019
$22,231
2%
$1,571,948
2%
2018
$21,860
2%
$1,541,127
2%
2017
$21,356
3%
$1,510,910
2%
2016
$20,797
8%
$1,481,285
9%
2015
$19,306
9%
$1,360,000
13%
2014
$17,792
—
$1,200,000
—
2013
$17,801
—
$1,200,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Avenue Realty Group, Jonathan Rawson

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1148 E 120th St, Los Angeles, CA 90059 (MLS# 26962533) is a Multi-Family property with units containing 32 bedrooms and 0 full bathrooms. 1148 E 120th St is currently listed for $2,800,000 and was received on September 03, 2026. Want to learn more about 1148 E 120th St? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.

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