A rare chance to acquire a shovel-ready development site in South Los Angeles on the only R3-zoned lot in the immediate area. The heavy lifting on entitlements is done - a builder can step in with current permits in hand, and break ground without the typical 12–18 month entitlement delay. The approved design maximizes the lot with a thoughtful mix of 2- and 3-bedroom units well-suited for the local rental market.
Under contract
Listed by: Lyon Stahl Investment Real Estate, Inc. • Stephen Takahashi • Contact: 310-403-9145
Price cut: $75K (7/20)
$690,000
132 E 119th St, Los Angeles, CA 90061
10beds
4baths
7,750sqft
Quadruplex
Built in 2026
-- sqft lot
$-- Zestimate®
$89/sqft
$-- HOA
What's special
- 65 days
- 21
- 1
Zillow last checked:
Listing updated:
Listed by:
Stephen Takahashi DRE #01944770 310-403-9145,
Lyon Stahl Investment Real Estate, Inc.,
John Stiegler II DRE #01981597,
Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS,MLS#: SB26146370
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
Appliances
- Laundry: See Remarks
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 7,750
- Total interior livable area: 7,750 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage
- Garage spaces: 8
Features
- Entry location: Front
- Pool features: None
Lot
- Size: 7,350 Square Feet
- Features: 0-1 Unit/Acre
Details
- Additional parcels included: 6083026006
- Parcel number: 6083026007
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 2026
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $89/sqft
- Tax assessed value: $435,050
- Date on market: 7/7/2026
- Cumulative days on market: 65 days
- Listing terms: Cash,Cash to New Loan,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$2,752/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Contingent | $690,000$89/sqft |
Source:  CRMLS #SB26146370 Report a problem | ||
| 7/20/2026 | Price change | $690,000-9.8%$89/sqft |
Source: CRMLS #SB26146370 Report a problem | ||
| 7/7/2026 | Listed for sale | $765,000+188.7%$99/sqft |
Source: CRMLS #SB26146370 Report a problem | ||
| 4/27/2015 | Listing removed | $265,000$34/sqft |
Source: Clear Choice Realty & Associates #SB14224743 Report a problem | ||
| 10/21/2014 | Listed for sale | $265,000$34/sqft |
Source: Clear Choice Realty & Associates #SB14224743 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $435,050 +2% |
| 2025 | $5,246 +0.6% | $426,520 +2% |
| 2024 | $5,212 +1.9% | $418,157 +2% |
| 2023 | $5,113 +4.9% | $409,958 +2% |
| 2022 | $4,876 +1.1% | $401,920 +2% |
| 2021 | $4,822 -5.3% | $394,040 +1% |
| 2020 | $5,093 | $390,000 +23.3% |
| 2019 | $5,093 +651.9% | $316,200 +1105.4% |
| 2018 | $677 | $26,231 +2% |
| 2017 | $677 +2.4% | $25,717 +2% |
| 2016 | $662 +4.2% | $25,214 +1.5% |
| 2015 | $635 +0.4% | $24,837 +2% |
| 2014 | $633 | $24,351 +2.5% |
| 2012 | -- | $23,767 +2% |
| 2011 | -- | $23,302 +0.7% |
| 2010 | -- | $23,129 -0.2% |
| 2009 | -- | $23,185 +2% |
| 2008 | -- | $22,732 +2% |
| 2007 | -- | $22,287 +2% |
| 2006 | -- | $21,851 |
| 2005 | -- | $21,851 +4% |
| 2004 | -- | $21,005 +1.9% |
| 2003 | -- | $20,621 +2% |
| 2002 | -- | $20,218 +4% |
| 2000 | -- | $19,435 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Southeast Los Angeles
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