120 N Avenue 25, Los Angeles, CA 90031
Local realty services provided by:ERA North Orange County Real Estate
120 N Avenue 25,Los Angeles, CA 90031
$1,299,000
- 10 Beds
- 4 Baths
- 3,640 sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sun, Jan 1801:00 pm - 03:00 pm
Listed by: ra-son theus, sahara peterson
Office: hoffman theus
MLS#:25614747
Source:CRMLS
Price summary
- Price:$1,299,000
- Price per sq. ft.:$356.87
About this home
Investor's Delight! Rare opportunity to acquire a four-unit income property in one of Los Angeles' fastest growing neighborhoods, and three of the four units will be delivered vacant at the close of escrow. With the ability to immediately place market-rate tenants, this is a perfect value-add investment with future upside already built in. Located in the vibrant Lincoln Heights community, this 1920s character building sits in an incredible central location just moments from the 5, 110, and 101 Freeways, providing fast access to Downtown LA, Chinatown, Elysian Park, Dodger Stadium, Highland Park, Echo Park, Silver Lake, Los Feliz, and Pasadena. Commuting, exploring, dining, and entertainment couldn't be more convenient. The property features three vacant units plus one tenant-occupied unit, allowing investors to reposition the building immediately. Each unit has its own charm, natural light, and functional layout. The building is individually metered for electricity and gas, offering lower owner expenses and simplified management. A major bonus: this property provides the potential to add an ADU or additional units on the spacious rear portion of the lot (buyer to verify with the City of Los Angeles). With increasing demand for quality housing in central LA, the opportunity to maximize income is exceptional. Additional features include onsite parking spaces for multiple cars, rear alley access, and a highly walkable community surrounded by local restaurants, markets, outdoor recreation, and historic neighborhood charm. Whether you plan to maximize rental income, add new units, or reposition the property long-term, this property offers multiple strategies for impressive return on investment. Four units, three vacant, prime location, strong rental upside, separately metered utilities, parking, and future development potential opportunities like this rarely hit the market. Don't miss your chance to own a strategic investment in one of Los Angeles' most centrally connected and rapidly improving neighborhoods.
Contact an agent
Home facts
- Year built:1922
- Listing ID #:25614747
- Added:58 day(s) ago
- Updated:January 13, 2026 at 03:38 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:4
- Living area:3,640 sq. ft.
Heating and cooling
- Heating:Radiant
Structure and exterior
- Year built:1922
- Building area:3,640 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$1,299,000
- Price per sq. ft.:$356.87
New listings near 120 N Avenue 25
- New
$628,000Active2 beds 2 baths1,090 sq. ft.815 Grand Ave., #7, San Pedro, CA 90731
MLS# SB26012391Listed by: HOME TEAM REALTY - New
$1,480,000Active6 beds 6 baths4,413 sq. ft.22044 Sagebrook, Chatsworth, CA 91311
MLS# WS26012408Listed by: PINNACLE REAL ESTATE GROUP - New
$1,899,000Active4 beds 3 baths2,199 sq. ft.7956 W 79th Street, Playa Del Rey, CA 90293
MLS# 25628741Listed by: RODEO REALTY - New
$1,299,000Active3 beds 2 baths1,606 sq. ft.3732 Cherrywood Avenue, Los Angeles, CA 90018
MLS# 25630451Listed by: COLDWELL BANKER REALTY - New
$7,495,000Active7 beds 9 baths7,856 sq. ft.18911 Ringling Street, Tarzana, CA 91356
MLS# 26639495Listed by: CHELSEA PROPERTIES - Open Tue, 11am to 2pmNew
$949,900Active5 beds 2 baths2,283 sq. ft.624 S Chicago Street, Los Angeles, CA 90023
MLS# 26639657Listed by: ERNEST & COOPER REALTY - New
$829,000Active6 beds 6 baths2,652 sq. ft.1502 W 62nd Street, Los Angeles, CA 90047
MLS# 26639731Listed by: COMPASS - New
$675,000Active2 beds 2 baths962 sq. ft.11750 W Sunset Boulevard #100, Los Angeles, CA 90049
MLS# 26639743Listed by: REDFIN - New
$999,000Active2 beds 1 baths1,402 sq. ft.1948 Monon, Los Angeles, CA 90027
MLS# AR26012245Listed by: RE/MAX PREMIER PROPERTIES - New
$2,995,000Active6 beds 5 baths4,179 sq. ft.1432 Kellam, Echo Park, CA 90026
MLS# SR26012153Listed by: THE AGENCY