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$865,000   Price Analysis
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1126 W 120th St
Los Angeles, CA 90044
8 bed 4 bath 2,950 SqFt ($293/SqFt)
8,086SqFt lot. Built 1955
Listed 2024-04-05, Taxes $3,358
Ⓧ USDA Ineligible
due to price & location

near Westmont

4 PLEX

* Has Contingent Offer *

2 WILL BE DELIVERED VACANT. The opportunity that you have been looking for The significant point here is that two of the four units will be VACANT upon the cha nge of ownership. This presents a unique opportunity for potential buyers, whether they're interested in occupying one of the units themselves or for investors seeking flexibility in renting out the units And the potentil for rental income.

Indeed appears to be a exceptional opportunity given the attractive features of the property. Each unit consists of 2 bedrooms 1 bath with laundry facilities within each unit. Each unit has a patio to the side of it you can enjoy summer night. This Property is right in front of west Athens elementary School, Minutes away from Sofi Stadium, Hollywood Park and the forum.


Presented by Karen Castillo at
CENTURY 21 Allstars.
Listing Agent Photo

Property MLS #DW24067244 from CRMLS

Bedrooms: 8

Laundry Features: Inside

Full Bathrooms: 4

Heating Features: Wall Furnace
Heating: Yes

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.185629
Lot Size Source: Assessor
Lot Size Square Feet: 8086

Garage Spaces: 4
Parking Features: Parking YN: Yes, Parking Features: Detached Carport
Parking Total: 4

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0

Tenant Pays: Electricity, Gas

Community Features: Sidewalks, Street Lights

Source Listing Status: Active Under Contract
County: Los Angeles
Source Property Type: Residential Income
Area: C34 - Los Angeles Southwest
Source Neighborhood: C34 - Los Angeles Southwest
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 6089003010
Postal Code Plus 4: 2918
Zoning: LCR320U
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$70,406 + $57,604
$128,010
$3,358
2021$69,026 + $56,475
$125,501
$3,329
2020$68,319 + $55,896
$124,215
$3,336
2019$66,980 + $54,800
$121,780
$3,265
2018$65,667 + $53,726
$119,393
$3,100
2017$64,380 + $52,673
$117,053
$3,059
2016$63,118 + $51,641
$114,759
$2,973
2015$62,170 + $50,866
$113,036
$2,939
2014$60,953 + $49,870
$110,823
$2,956
2013$60,678 + $49,645
$110,323
$2,920
2012$59,489 + $48,672
$108,161
$2,910
2010$58,323 + $47,718
$106,041
$2,841
2009$58,026 + $47,475
$105,501
$2,750
2009$57,888 + $47,362
$105,250
$2,750
2008$56,889 + $46,545
$103,434
$2,665
2007$85,000 + $560,000
$645,000
$8,746

Relisted 2024-04-26
$865,000
CRMLS
Listing removed 2024-04-17
$0
CRMLS
Relisted 2024-04-16
$865,000
CRMLS
Listing removed 2024-04-13
$0
CRMLS
Listed 2024-04-05
$865,000
CRMLS
Listing removed 2024-03-19
$0
CRMLS
Listed 2024-03-17
$940,000
CRMLS
Sold 2024-03-14
$800,000
Public Record
Sold 1978-05-17
$45,000
Public Record

Net Operating Income: 36600.00

Total Square Feet Living: 2950
Year Built: 1955
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 120th
Property Age: 69
Property Attached: Yes
Building Total Stories: 1
Structure Type: Quadruplex
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

West Athens Elementary School is a public elementary school located approximately 0.1 miles away.
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George Washington Preparatory High School is a public high school located approximately 1.1 miles away.
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Castle Elementary School is a private elementary school located approximately 0.4 miles away.
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Animo Charter Middle No. 4 is a public middle school located approximately 0.7 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.