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    418 E 120Th St, Unit 420 Los Angeles, CA 90061

    For Sale
    $699,000

    Commercial Sale - Los Angeles, CA

    Property size:
    2,220 SF
    Days on Market:
    22
    Last Refresh:
    Dec 8 at 10:06 pm

    Property Features for 418 E 120Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    6086024023
    Size
    2,220 SF

    Utilities

    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1947
    Architectural style
    Other

    Dream Team Real Estate Consultants. Inc (818) 380-5100 [email protected]

    Listing agent Stephanie Vitacco (818) 989-2000 License #00985615

    Listing date Nov 17, 2025

    MLS# SR25262202 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Los Angeles Multifamily Redevelopment Opportunity

    Located in the Southeast Los Angeles Community Plan area on a 6,057 sq ft lot, this property presents an investment opportunity with both current rental income and redevelopment potential. The property includes two tenant-occupied units, each featuring 4 bedrooms and 2 bathrooms. The front residence was built in 1947, while the rear residence was constructed in 2003. The property is zoned R3-XL-CPIO and is located within a Transit Oriented Communities (TOC) Tier 3 and State Density Bonus eligibility area, providing multiple density pathways. The base entitlement allows for 7–8 units, with the potential for up to 20 units under incentives such as TOC, State Density Bonus, and SELA CPIO programs. The front unit is subject to the Los Angeles Rent Stabilization Ordinance (RSO), while the rear unit is exempt based on its year of construction. The property is conveniently located near major transit corridors, shopping, dining, schools, and recreation. The total property size is 2220 square feet. This parcel offers opportunities for builders, developers, or investors seeking cash flow and long-term upside in Los Angeles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.26673
    Latitude
    33.92354

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    FAQs

    What type of property is this?
    Duplex - Investment property with redevelopment potential in a prime Los Angeles location.
    Where is this duplex located?
    The property is located at 418 E 120Th St, Unit 420 Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Significant redevelopment potential with R3-XL-CPIO zoning, TOC Tier 3, and State Density Bonus eligibility, allowing for up to 20 units (buyer to verify).; - Immediate rental income from two tenant-occupied units.; - Two residences: a 4-bedroom, 2-bathroom front unit built in 1947 and a similar rear unit built in 2003.
    (818) 989-2000
    Request Owner's contact information
    418 E 120Th St, Unit 420 Los Angeles, CA 90061
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    Los Angeles, CA 90061
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    418 E 120Th St, Unit 420 Los Angeles, CA 90061
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