1722 W 120th Street, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 2 bath

1722 W 120th Street, Los Angeles, California 90047 home-pic-0
ACTIVE$520,000
1722 W 120th Street, Los Angeles, California 90047
3Beds
2Baths
1,435Sqft
7,007Lot
Year Built
1915
Close
-
List price
$520K
Original List price
$580K
Price/Sqft
$362
HOA
-
Days on market
-
Sold On
-
MLS number
25563551
Home ConditionPoor
Features
Good View:
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About this home

We found 3 Cons,5 Pros. Rank: price - $520.0K(6th), sqft - 1435(61th), beds - 3(50th), baths - 2(50th).

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.

Price History

Date
Event
Price
08/09/25
Price Change
$520,000
07/10/25
Listing
$580,000
Condition Rating
Poor

The property was built in 1915, making it over 100 years old. The listing explicitly states 'NO INTERIOR INSPECTIONS. NO SHOWINGS. Property WILL NOT be delivered vacant. As is, where is. NO FINANCING, APPRAISAL OR INSPECTION CONTINGENCIES.' This indicates that the seller is unwilling or unable to provide access for inspection, strongly implying significant deferred maintenance, potential structural issues, and a need for substantial repairs and rehabilitation. Without any interior images or access, it's impossible to assess the condition of the kitchen, bathrooms, flooring, or systems, but given the age and the restrictive sales terms, it's highly probable they are in very poor, outdated, and potentially unsafe condition, requiring extensive renovation.
Pros & Cons

Pros

Generous Lot Size: The property boasts a substantial 7,007 square foot lot, offering significant potential for expansion, landscaping, or future development in a dense urban area.
Los Angeles Market Location: Located in Los Angeles, the property benefits from being in a highly desirable and appreciating real estate market, providing long-term value potential.
Desirable Bed/Bath Count: With 3 bedrooms and 2 bathrooms, the property offers a functional layout that appeals to a broad range of buyers, including families.
Reduced Price Point: The recent price reduction from $580,000 to $520,000 indicates a motivated seller and potentially a more attractive entry point for investors.
Investor Opportunity: This property is clearly positioned as a distressed asset, offering a unique opportunity for experienced investors to acquire a property below market value with significant upside potential after resolving existing issues.

Cons

No Property Access/Occupant Issues: The most significant drawback is the complete lack of interior access for showings or inspections, coupled with the property not being delivered vacant and an uncooperative occupant, implying a complex and potentially costly eviction process for the buyer.
No Contingencies: The strict 'no financing, appraisal, or inspection contingencies' clause severely limits the buyer pool, effectively requiring cash buyers or those willing to assume extreme financial and structural risk without due diligence.
As-Is Condition & Age: Sold strictly 'as-is' with no warranties, combined with its 1915 construction, suggests substantial deferred maintenance and potential for significant, unquantifiable repair costs that cannot be assessed prior to purchase.

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