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32 Beds
16 Baths
9,328 sqft

$2,800,000

1148 E 120th Street, Los Angeles CA, 90059

Price per sqft$300.17
Built in1957
Property size9,328 sqft
Property typeResidential
Listed by Jonathan Rawson CA DRE# 02010400 with Avenue Realty Group 310-869-9137

Overview

Active

Listed Sep 3, 2026

Updated 3 weeks ago

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!

$18,628/mo

Est. mortgage payment based on a $2,800,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26962533

Interior Features

Bedrooms
32
Bathrooms
16
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.42 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by Jonathan Rawson CA DRE# 02010400 with Avenue Realty Group 310-869-9137

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/12/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/12/2026 at 3:42 AM UTC Last Checked: 3:42 AM UTC

 

 

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