418 E 120th Street, Los Angeles, CA 90061

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
418 E 120th Street,Los Angeles, CA 90061
$699,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: stephanie vitacco
Office: equity union
MLS#:SR25215042
Source:San Diego MLS via CRMLS

Price summary

  • Price:$699,000

About this home

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 78 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,

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Home facts

  • Listing ID #:SR25215042
  • Added:1 day(s) ago
  • Updated:November 18, 2025 at 08:36 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4

Heating and cooling

  • Cooling:Wall/Window

Structure and exterior

  • Roof:Composition

Finances and disclosures

  • Price:$699,000
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