1722 W 120th Street, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 2 bath
1722 W 120th Street
Los Angeles, California 90047
Property Price
SUMMARY
Analysis of 1722 W 120th Street, Los Angeles, California 90047 reveals a property with a current list price of $520,000, which is 15% above the estimated $439,914 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1722 W 120th Street Subject | $520,000* List Price | 3 | 2 | 1,435 | $307 | - |
A 1616 W 108th Street Sold | $560,000 | 3 | 1 | 1,262 | $444 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Built in 1915, this property is over 100 years old. The listing explicitly states 'NO INTERIOR INSPECTIONS. NO SHOWINGS.' and 'Property WILL NOT be delivered vacant,' along with 'as is, where is, with no warranty expressed or implied' and 'NO FINANCING, APPRAISAL OR INSPECTION CONTINGENCIES.' This complete lack of access and transparency, combined with the age and 'as-is' nature of the sale, strongly indicates that the existing structure is likely beyond economical repair or is in such a state that its value is primarily in the land, fitting the criteria for a tear-down.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7007, living area = 1435.
- Generous Lot Size
The property boasts a substantial 7007 square foot lot, offering significant outdoor space and potential for expansion or landscaping in a dense urban environment.
- Prime Los Angeles Location
Located in Los Angeles, the property benefits from being in a major metropolitan area with strong market demand and potential for appreciation.
CONSRISKS & DEFICIENCIES
- No Access, Inspections, or Showings
A critical drawback is the complete lack of interior access, inspections, or showings, forcing buyers to make an offer sight unseen and without due diligence.
- No Contingencies
The sale explicitly states no financing, appraisal, or inspection contingencies, placing significant financial risk on the buyer and requiring a cash or highly flexible purchase.
- Occupied Property / No Vacant Delivery
The property will not be delivered vacant, meaning the buyer will inherit the responsibility and potential legal costs associated with evicting current occupants.
About 1722 W 120th Street
Huge 7007 square foot lot! PLEASE DO NOT DISTURB OCCUPANTS. NO INTERIOR INSPECTIONS. NO SHOWINGS. This Property is offered together with improvements thereon as is, where is, with no warranty expressed or implied. This sale is Standard. IN ALL CIRCUMSTANCES, THERE ARE NO FINANCING, APPRAISAL OR INSPECTION CONTINGENCIES. Property WILL NOT be delivered vacant and there are no warranties contingencies. The OCCUPANT Will not allow access at all. We priced it based on the comp 1613 W 126th St that sold under the same situation.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1915
- Lot Size
- 7,007 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,435 | 1,371 | 58% |
| Lot Size | 7,007 | 5,403.5 | 92% |
| Price | $520.0K | $720.0K | 4% |
| Price per sq ft | $362 | $522 | 2% |
| Built year | 1915 | 1931 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 239 | 187 | 85% |
Pricing History
Listed for Sale
Aug 9, 2025
$520,000
Initial Listing
Price Change
Jul 10, 2025
$580,000
Initial Listing