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$767,000
5 bed
2 bath
1,880 Sqft
7,280 Sqft lot

923 N Alma Avenue, Los Angeles, California 90063

  • Residential Property Type
  • 177 Days Time on market
  • $408 Price per sqft
  • 1922 Year Built
Property Description

Price Adjustment Alert! Seize This Unmatched Investment Opportunity!Take advantage of this incredible deal on a highly sought-after multifamily investment property in vibrant East Los Angeles, now available at an attractive new price!Perfect for investors and visionaries, this property features two units brimming with potential: The front unit offers 3 generous bedrooms, 1 bathroom, and 1,459 sqft of living space, complemented by a spacious attached storage room–ideal for maximizing functionality. The back unit built in 1962, features 2 bedrooms and 1 bathroom, spreading across 1,569 sqft, designed to accommodate various living arrangements effortlessly.Prime Potential for Growth: With favorable zoning, this property stands out with the opportunity to add up to 2 Additional Dwelling Units (ADUs) enhancing rental income and property value. Whether you aim to maximize returns or prefer the flexibility of living in one unit while generating income from the other, the options are endless.Strategically located for ultimate convenience, the property offers seamless access to key freeways (10, 5, 710, and 60), making commuting a breeze for future tenants. This recent price adjustment creates a can’t-miss opportunity to unlock the full potential of this gem, whether you choose to renovate, rent, or create a perfect multi-generational living space.Don’t miss this golden chance to invest in one of East LA’s most promising areas! Schedule your private viewing today and start envisioning your next lucrative project!

Basic Details
Residential
Buy
P1-17816
$767,000
5
2
1,880 Sqft
1922
7,280 Sqft
Active
Duplex
Click Here
Multi-family
Virtual Tour
Features
: Block
: Concrete
: Gas Range
: Sidewalks, Street Lights, Stormdrains
1
$0
: Public Sewer
Address
CA
Los Angeles
Los Angeles
90063
923 N Alma Avenue
923
Avenue
0
W119° 48' 27.9''
N34° 2' 48.3''
N
Additional Information
177
1
1
2
: One
1
: Gas Dryer Hookup
1
1
0 Sqft
1
0 Sqft
0 Sqft
: Assessor
: Allbedroomsdown
0.17 Sqft
7,280 Sqft
1
: No Common Walls
0 Sqft
5231019017
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
1
20/11/2024
01/07/2024 00:00:00
$775,000
: Standard
Cash,AllFinancingConsidered
Exit Fwy 1-10 , Rt on Soto St , Left on Wabash , slight right to stay on Wabash Ave, Turn Rt on N Alma Ave
Berkshire Hathaway Home Servic
Sonia Navarrete
PF5333
p16588
$0
165
: Tile
1
: Sprinklersnone
: Duplex
0
0
: Lighting Fixtures, Tenant Belongings
1
1
: Square Feet
1
9,10
Click Here
US-06037-N-5231019017-R-N
Duplex
05/12/2024 06:28:57
Alma
ELA - East Los Angeles
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