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1325 W 120Th St, Los Angeles, CA 90044
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1325 W 120Th St Los Angeles, CA 90044

$1,200,000 Sold Price as of 08/25/2023
  • 12 Beds
  • 6 Baths
  • 4,761 Sq.Ft.
Sold
$1,200,000 Sold Price as of 08/25/2023 Refinance Your Mortgage
Map preview of 1325 W 120Th St, Los Angeles, CA 90044

Property Overview: 1325 W 120Th St Los Angeles, CA has 12 bedrooms, 6 bathrooms, 4,761 living square feet and 9,227 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 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.

Listed by Stephen Takahashi | BRE #01944770 | Lyon Stahl Investment Real Estate, Inc.
Co-listed by John Stiegler II | BRE #01981597 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 8 minutes ago | Last updated: August 26th, 2023 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
9,227
HOA Dues
$0/mo
Year built
1966
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
SB23095378
City
Los Angeles
County
Los Angeles
Time on Site
333 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $82,800
  • Net Operating Income: $51,645
  • Gross Operating Income: $80,316
  • Vacancy Allowance: $2,484
Annual Expense Breakdown
  • Total Operating Expense: $28,671
  • Electric: $675
  • Gas/Fuel: $675
  • New Taxes: $15,000
  • Trash: $675
  • Gardener: $1,200
  • Insurance: $6,459
  • Maintenance: $3,312
  • Water/Sewer: $675

Property Details for 1325 W 120Th St

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage - Single Door
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 6079011022
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Corner Lot of 120th Street & Back Alley - S Normandie Ave is the Street West of Property
Neighborhood Information
  • Community Features: Sidewalks, Suburban, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1325 W 120Th St

Last sold for $1,200,000 on August 25th, 2023

  • August, 2023

  • Aug 25, 2023

    Date

    Sold

    CRMLS: SB23095378

    $1,200,000

    Price

  • May 31, 2023

    Date

    Active

    CRMLS: SB23095378

    $1,200,000

    Price

  • July, 2011

  • Jul 1, 2011

    Date

    Sold (Public Records)

    Public Records

    $325,000

    Price

  • June, 2006

  • Jun 27, 2006

    Date

    Sold (Public Records)

    Public Records

    $700,000

    Price

Show More

Tax History for 1325 W 120Th St

Assessed Value (2020): $373,256
Year Land Value Improved Value Assessed Value
2020 $258,409 $114,847 $373,256

Home Value Compared to the Market

This property vs the competition

1325 W 120Th St sold on August 25, 2023 for 0.84% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $252.05 per/sqft which puts the price per square foot 66.62% lower than the current median sale per square foot for the city of Los Angeles.

About 1325 W 120Th St

Detailed summary of property

1325 W 120Th St is a triplex that recently sold in Los Angeles, CA 90044. This triplex offered 12 bedrooms, 6 bathrooms, roughly 4,761 living square feet, and sits on an approximately 9,227 square foot lot. 1325 W 120Th St was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $1,200,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 0.84% higher than the current median priced home. Local homes that are currently for sale include 1652 W 81st St, 9004 S San Pedro St and 702 W 79th St. While the average home in Los Angeles, CA is selling in 96 days, 1325 W 120Th St has a days on market of 22 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1325 W 120Th St Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1325 W 120Th St

Public county record property details
Beds
9
Baths
6
Year built
1966
Sq. Ft.
4,761
Lot Size
9,226
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
18,19
APN
6079-011-022

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$669,999
Median List Price/Sq.Ft.
$516
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
86
Median Sale to List Price %
105.57%
Avg Days on Market
76
Loan Type
Conventional (35.71%), FHA (35.71%), VA (0%), Cash (7.14%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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