1325 W 120th St, Los Angeles, CA 90044

1325 W 120th St, Los Angeles, CA 90044

Los Angeles, CA
$1,200,000

Property Description

With three 4-bedroom/2-bath townhouse style units that average over 1500 SqFt each, 1325 120th Street is a very unique investment opportunity in Los Angeles. The subject property sits on a 9,227 SqFt Lot and is Zoned R3, which opens up ADU potential and the opportunity for even more upside, as Section 8 vouchers allow up to $3,800 per unit. 1325 120th St is a commuter’s dream with its close proximity to the 110 & 105 Freeways in addition to its location in relation to SoFi Stadium and the upcoming Intuit Dome.

Property Features

  • Sale Price: $1,200,000
  • Area Size: 4,761 Sq. Ft.
  • Land Area: 9,227 Sq. Ft.
  • Year Built: 1966
  • Listing Date: 6/1/2023
  • Closing Date: 8/25/2023
  • Units: 3
  • Current GRM: 14.49
  • Current Cap Rate: 4.30%
  • Price Per Unit: $400,000
  • Market GRM: 11.90
  • Market Cap Rate: 5.76%
  • Current NOI: $51,645