Property Details
About this Property
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.
MLS Listing Information
MLS #
CRSR25214645
MLS Source
California Regional MLS
Days on Site
7
Interior Features
Appliances
Hood Over Range, Other, Oven Range - Gas
Dining Room
Other
Fireplace
None
Laundry
In Laundry Room, Other
Cooling
Ceiling Fan, Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Roof
Composition, Other
Pool
None
Style
Bungalow
Parking, School, and Other Information
Garage/Parking
Gate/Door Opener, Other, Garage: 0 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
HOA Fee
$0
Contact Information
Listing Agent
Stephanie Vitacco
Equity Union
License #: 00985615
Phone: (818) 576-1685
Co-Listing Agent
Lorraine Casados
Equity Union
License #: 01515350
Phone: (323) 377-9007
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
418 E 120th St is a Duplex in Los Angeles, CA 90061. This 2,220 square foot property sits on a 6,057 Sq Ft Lot and features 8 bedrooms & 4 full bathrooms. It is currently priced at $749,900 and was built in 1947. This address can also be written as 418 E 120th St, Los Angeles, CA 90061.
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This listing information is up-to-date as of September 12, 2025. For the most current information, please contact Stephanie Vitacco, (818) 576-1685
