Home | Los Angeles County | Los Angeles | 90061 | 418 420 E 120th St
MLS: CRSR25215042 | Status: Sold | Price: $707,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 6,057 | 1947 |
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.
| Field | Value |
|---|---|
| MLS # | CRSR25215042 |
| MLS Source | California Regional MLS |
| Feature | Details |
|---|---|
| Appliances | Hood Over Range, Other, Oven Range - Gas |
| Cooling | Window/Wall Unit |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition, Other |
| Pool | None |
| Style | Bungalow |
| Feature | Details |
|---|---|
| Garage/Parking | Gate/Door Opener, Other, Garage: 0 Car(s) |
| HOA Fee | $0 |
| Listing Agent | Co-Listing Agent |
|---|---|
| Stephanie Vitacco | Lorraine Casados |
| Equity Union | Equity Union |
| License #: 00985615 | License #: 01515350 |
| Phone: (818) 576-1685 | Phone: (323) 377-9007 |
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 2 |
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This listing information is up-to-date as of February 23, 2026. For the most current information, please contact Stephanie Vitacco, (818) 576-1685.