Date
Details
Price
Change
Source
11/17/2025
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/18
$699,000 Sale Pending
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1/18
Property Description
Situated on a 6,057.2 sq ft lot in the Southeast Los Angeles Community Plan area, this rare investment opportunity offers both immediate rental income and significant redevelopment potential. The property features two tenant-occupied units, both identical in size with 4 bedrooms and 2 bathrooms: a front residence built in 1947 and a rear residence constructed in 2003. With R3-XL-CPIO zoning and location within a Transit Oriented Communities (TOC) Tier 3 and State Density Bonus eligibility area, the site provides multiple density pathways, ranging from a base entitlement of 7-8 units to as many as 20 units under applicable incentives such as TOC, State Density Bonus, and SELA CPIO programs (buyer to verify). The front unit is subject to the Los Angeles Rent Stabilization Ordinance (RSO) and AB 1482 protections, while the back unit is subject to AB 1482, offering stability of tenancy alongside clear legal frameworks for future planning. Conveniently located near major transit corridors, shopping, dining, schools, and recreation, this parcel presents an exceptional opportunity for builders, developers, or investors seeking both current cash flow and long-term upside in a rapidly evolving Los Angeles submarket.
Full Property Details
Full Property Details for 418 420 E 120th St
General
- Price: $699,000
- Status: Pending
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SR25215042
- Updated: 1/26/2026
- Added to Site: 71 day(s) ago
Interior
- Rooms/Areas: Attic, Kitchen, Laundry, Living Room
- Interior Features: Ceiling Fan(s), Open Floorplan, Tile Counters
- Fireplace(s): None
- Appliances: Gas Range, Range Hood
- Flooring: Tile
Rooms
Other Rooms
- Laundry: Individual Room, Inside, Washer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking Features: Automatic Driveway Gate, Driveway, Concrete, Gated, Shared Driveway
- Parking: Automatic Driveway Gate, Driveway, Concrete, Gated, Shared Driveway
Location
- Area: C37 - Metropolitan South
- County: Los Angeles
- Development Name: C37 - Metropolitan South
- Driving Directions: S of the 105 Freeway, Between San Pedro St & Avalon Blvd
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Architectural Style: Bungalow
- Roof: Common Roof, Composition
- Windows: Double-Pane Windows
- Doors: Mirror Closet Door(s), Panel Doors
- Entry Location: front door
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,220
- Year Built: 1947
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 4
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 4
Additional Structures
- Other Structures: Storage
Lot Features
- Property View: None
- Lot Size (Acres): 0.139
- Lot Size (Sq. Ft.): 6,057
- Lot Size Source: Assessor
- Lot Description: Level with Street, Irregular Lot, Near Public Transit
Financial Considerations
- Price Per Sq. Ft.: $314.86
- Price Per Unit: 349500
Listed by Equity Union, Stephanie Vitacco and Equity Union, Lorraine Casados
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Listing agents
— 418 420 E 120th St —
Stephanie Vitacco
Equity Union
Lorraine Casados
Equity Union
818-298-6458
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 418 420 E 120th St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
One Hundred Twenty-Second Street Elementary School 405 East 122nd Street, Los Angeles, CA 90061 | K-5 | 0.2 mi |
Samuel Gompers Middle School 234 East 112th Street, Los Angeles, CA 90061 | 7-8 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 418 420 E 120th St
Estimate the Cost
Estimate the Cost for 418 420 E 120th St
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- Single Family
- Active
- Updated 1 hour ago
- 3Beds
- 2Total Baths
- 1,071Sq. Ft.
- Single Family
- Active
- Updated 21 hours ago
- 2Beds
- 1Total Bath
- 689Sq. Ft.
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- Single Family
- Active
- Updated 21 hours ago
- 3Beds
- 2Total Baths
- 1,197Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,124Sq. Ft.
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- Single Family
- Closed
- 2Beds
- 1Total Bath
- 753Sq. Ft.
Listed by Danny Mahelka (CalRE#: 01170359)
418 420 E 120th Street, Los Angeles, CA 90061 (MLS# SR25215042) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 418 420 E 120th Street is currently listed for $699,000 and was received on November 17, 2025. Want to learn more about 418 420 E 120th Street? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.