Seller's Agent in 2014
Jerome McAlpin
McAlpin & Company
(310) 902-8977
1 in this area
33 Total Sales
132 E 120th St Los Angeles, CA 90061
Broadway-Manchester Neighborhood
16
Beds
7
Baths
6,220
Sq Ft
0.32
Acre Lot
About This Home
As of October 2014We are pleased to present this 17 Unit apartment complex in the City of Los Angeles. The site is located near the intersection of Main and 120th Street. The unit mix consists of 1 one bedroom apartment and 16 singles. The structure was built in 1964 and contains 6,220 square feet and the lot is 13, 731. Tenants enjoy the shady courtyard and plenty of open parking spaces. There is a laundry room which is not currently in use and secured access. Conveniently located near the 105 and 110 freeways, it provides easy access to the Forum, LAX, LA Live and Staples Center. For those value-add investors, there is tremendous upside with significant rent increases upon vacancy. The GRM is 9.68 on very low rents while the market GRM is 7.70. The property is subject to rent control. Please do not walk on property or disturb the tenants.
Last Agent to Sell the Property
McAlpin & Company License #00939725 Listed on: 05/01/2014
Last Buyer's Agent
Stephan Klein
California Coastal Real Estate License #01846185
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 0.32
Interior Spaces
- 6,220 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 16 Bedrooms
- 7 Bathrooms
Parking
- 16 Parking Spaces
- Gated Parking
- Uncovered Parking
Additional Features
- 13,731 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 17 Units
Listing and Financial Details
- Assessor Parcel Number 6086-001-005
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 15, 2025
Sold by
Bought by
Purchase Details
Listed on
May 1, 2014
Closed on
Sep 26, 2014
Sold by
Bought by
Seller's Agent
Jerome McAlpin
McAlpin & Company
Buyer's Agent
Stephan Klein
California Coastal Real Estate
List Price
$1,200,000
Sold Price
$1,085,000
Premium/Discount to List
-$115,000
-9.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
0.0408%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 11, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,350
Interest Rate
0.0684%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | Old Republic Title Company | ||
| $399,000 | Chicago Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $720,000 | ||
| Previous Owner | $259,350 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2014 10/03/14 | Sold | $1,085,000 | -9.6% | $174 / Sq Ft |
| 05/29/2014 05/29/14 | Pending | -- | -- | -- |
| 05/01/2014 05/01/14 | For Sale | $1,200,000 | -- | $193 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19,354 | $1,303,997 | $600,920 | $703,077 |
| 2024 | $19,106 | $1,278,430 | $589,138 | $689,292 |
| 2023 | $18,771 | $1,253,364 | $577,587 | $675,777 |
| 2022 | $18,018 | $1,228,789 | $566,262 | $662,527 |
| 2021 | $17,777 | $1,204,696 | $555,159 | $649,537 |
| 2019 | $17,289 | $1,170,666 | $538,694 | $631,972 |
| 2018 | $16,971 | $1,147,746 | $528,132 | $619,614 |
| 2016 | $16,148 | $1,101,546 | $507,625 | $593,921 |
| 2015 | $15,902 | $1,085,000 | $500,000 | $585,000 |
| 2014 | $8,904 | $480,832 | $120,508 | $360,324 |
Source: Public Records
Agents Affiliated with this Home
-
Jerome McAlpin
-
S
Buyer's Agent in 2014
Stephan Klein
California Coastal Real Estate
Map
Source: The MLS
MLS Number: 14-757401
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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