615 W 120th Street, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath
615 W 120th Street
Los Angeles, California 90044
Property Price
SUMMARY
Analysis of 615 W 120th Street, Los Angeles, California 90044 is currently available with a list price of $879,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property is explicitly marketed as a development opportunity with approved plans and paid permits for a new 4-unit apartment building. Built in 1940 and lacking any mention of recent renovations or interior features, the value is based entirely on the land and its redevelopment potential, fitting the criteria for a tear-down.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
CONSRISKS & DEFICIENCIES
About 615 W 120th Street
What an Amazing Development Opportunity. Seller is offering APPROVED Plans for 4 UNITS x 3bd Two story Apartment Building. Permit Fees ARE PAID. Buyer can CLOSE, Show UP with WORK crew, & Start Building & calling for inspections (Must close Escrow). THIS is Ready to BUILD. Seller submitted an additional plan for 2 ADU's (pending) 1x3bd, 1x2 bd, Buyer can look into NEW 2025 ADU laws for existing UNITS and try for 4 TOTAL ADU's. Zoning is RD-2, Has NOT been used as a RENTAL, which also may be eligible for SB 684 subdivision. Look CLOSER. Start your BUILD NOW!
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1940
- Lot Size
- 8,328 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
West Athens Elementary School
Grades K-5 • 0.5 mi
Figueroa Street Elementary School
Grades K-5 • 0.7 mi
One Hundred Eighteenth Street School
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 4,244 | 2,304 | 89% |
| Lot Size | 8,328 | 6,253 | 79% |
| Price | $879.0K | $835.0K | 63% |
| Price per sq ft | $207 | $348 | 11% |
| Built year | 1940 | 1924 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 183 | 226 | 37% |
Pricing History
Listed for Sale
Sep 25, 2025
$879,000
$899,000
-2% Price Drop
Initial Listing
Price Change
Sep 4, 2025
$899,000
Initial Listing
Sold
May 29, 2019
$510,000
Public Record