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$699,000

Sold

5 months ago

418 E 120Th St, Los Angeles, CA

House

MLS® SR25260283

Buyer represented by Andrea Pazmino-Pace of HomeSmart Realty Group

8 Bed

4 Bath

2220 sqft

0

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Duplex
Levels Residential
Size 2220 sqft
Garage 
Taxes 
Lot Size 
Approx. Age 1947
Avg. Price Per Sqft $314
MLS® Number SR25260283

Property Address: 418 E 120th St, Los Angeles, CA, 90061-2831

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberSR25260283
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1947
Basement
DrivewayConcrete, Driveway, Electric Gate, Gated, Shared Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Other:Not available
Kitchen:Not available

Price History

Jan 16, 2026End Date
$707,000Sold Price

Sold

Nov 18, 2025List Date
$699,000List Price
  • Commute

Commute

Starting Address
Destination Address
418 E 120Th St, Los Angeles, CA

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