329 W 120th, Los Angeles, California 90061, Los Angeles, 90061 - 3 bed, 2 bath
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329 W 120th
Los Angeles, California 90061
ACTIVE UNDER CONTRACT
CONDITION: POOR
3Beds
2Baths
1,070Sq Ft
5,299Lot Size
Property Price
LIST PRICE$575,000
EST. MARKET VALUE
$539,471
6% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $575,000—positioned well above the $539,472 Fair Market Value by -6%. While the property requires significant capital expenditure due to its Condition Rating of 5, the detached garage with a bathroom offers immediate ADU Conversion Potential. Its strategic location near the 110 and 105 freeways ensures strong rental demand. This asset is best suited for Buy-and-Hold Investors or Contractors seeking a value-add project in a central Los Angeles commuter hub.
Estimated Market Value
$539,471
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 329 W 120th Subject 3 bd · 2 ba · 1,070 sqft · $504 | $575,000* List Price | 3 | 2 | 1,070 | $504 | - |
A 127 W 111th St Sold 3 bd · 2 ba · 1,148 sqft · $523 · 0.8 mi | $600,000 | 3 | 2 | 1,148 | $523 | 0.8 mi |
B 315 W 120th Street Sold 3 bd · 1 ba · 956 sqft · $471 · 0.0 mi | $450,000 | 3 | 1 | 956 | $471 | 0.0 mi |
C 321 E 119th Sold 3 bd · 2 ba · 1,452 sqft · $458 · 0.6 mi | $665,000 | 3 | 2 | 1,452 | $458 | 0.6 mi |
D 351 E 124th Sold 3 bd · 2 ba · 1,136 sqft · $511 · 0.7 mi | $581,000 | 3 | 2 | 1,136 | $511 | 0.7 mi |
E 451 E 124th Sold 3 bd · 1 ba · 1,357 sqft · $453 · 0.8 mi | $615,000 | 3 | 1 | 1,357 | $453 | 0.8 mi |
F 11513 S San Pedro Sold 3 bd · 2 ba · 1,020 sqft · $551 · 0.7 mi | $562,000 | 3 | 2 | 1,020 | $551 | 0.7 mi |
G 233 W 109th Active 3 bd · 1 ba · 1,254 sqft · $494 · 0.9 mi | $619,000 List Price | 3 | 1 | 1,254 | $494 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1921, this century-old home is explicitly marketed to investors, signaling a need for rehabilitation. The bathroom shows significantly dated tiling and fixtures likely exceeding a 30-year renovation cycle, and the overall property requires major updates to systems and interiors to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- ADU Conversion Potential
The detached garage already includes a bathroom with a shower and toilet, providing a significant head start for a guest suite, studio, or full ADU conversion to increase property value.
- Strategic Commuter Location
Conveniently located near the 110 and 105 freeway interchange, the property offers excellent accessibility for residents commuting to Downtown LA, LAX, or the South Bay.
- Investment Entry Point
Priced competitively at $575,000 for a 3-bedroom home in Los Angeles, this property presents a strong value-add opportunity for investors looking to renovate and build equity.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1921, the century-old structure likely requires significant updates to major systems such as plumbing, electrical, and foundation to meet modern standards.
- Compact Living Space
At just 1,070 square feet for a 3-bedroom, 2-bathroom configuration, the interior layout may feel cramped, with potentially small bedroom sizes that could limit appeal to larger families.
About 329 W 120th
INVESTORS! Welcome to 329 W 120th St in Los Angeles. This 3 bedroom, 2 bathroom home offers a comfortable layout with room for everyday living. A detached garage adds flexible space and includes its own bathroom with a shower and toilet, ideal for a workshop, studio, guest use or extra storage. Convenient to the 110 and 105 freeways for easy commuting around Los Angeles. A great opportunity to make this property your own. Schedule your showing today.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1921
- Lot Size
- 5,299 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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,070 | 1,670.836 |
| Lot Size | 5,299 | 6,152.156 |
| Price | $575.0K | $1.34M |
| Price per sq ft | $537 | $807 |
| Built year | 1921 | 1941 |
| HOA | $0 | $238 |
| Days on market | 19 | 56 |
Pricing History
Listed for Sale
Oct 21, 2026
$575,000
Initial Listing