156 E 120th St - Multi-Family FOR SALE


Los Angeles, CA 90061
$2,195,000 USD
310-920-7800
156 E 120th St, Los Angeles, CA for Sale
$2,195,000 USD
Multi-Family - FOR SALE
1/1
null | Request Cap Rate

156 E 120th St
Los Angeles, CA 90061


HIGHLIGHTS

  • Ready to Issue: 44 Units entitled with LADBS
  • 100% Affordable Housing Project
  • 3 Story Building, No Parking, No Elevator

OVERVIEW

READY TO ISSUE! 44 Unit Development Site, 100% Affordable Housing. Located at 156 & 200 E. 120th St, the project offers 38 one-bedroom, one-bath units, and 6 two-bedroom, one-bath units. The approved plans provide a 3-story building with a total area of 31,204 sq. ft. on an 18,486 sq. ft. lot. The opportunity sits in a prime location with proximity to the 110 & 105 freeways, Avalon Blue Line Station & Sofi Stadium. Two APN #s included are 6086-002-011 & 012.

FOR SALE DETAILS

PRICE

$2,195,000 USD

PRICE/SF

$1,583 USD /SF

# OF UNITS

44

PRICE/UNIT

$49,886

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

156-200 E 120th St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

LAR3

APN/PARCEL ID

6086-002-011,6086-002-012

ASK ABOUT THIS PROPERTY

Edan AmarAKG | Christie's International Real EstateMore Info
310-920-7800

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Edan AmarAKG | Christie's International Real EstateMore Info
310-920-7800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.