923 N Alma Avenue
Los Angeles, CA, 90063
$767,000
5 Beds
2 Baths
1,880 SqFt
0.17 Acres
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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!
LISTING AGENT: Sonia Navarrete
LISTING BROKERAGE: Berkshire Hathaway Home Servic
923 N Alma Avenue
Los Angeles, CA

Property Details

Price:
$767,000
MLS #:
P1-17816
Status:
Active
Beds:
5
Baths:
2
Address:
923 N Alma Avenue
Type:
Single Family
Subtype:
Duplex
Neighborhood:
elaeastlosangeles
City:
Los Angeles
Listed Date:
Apr 20, 2024
State:
CA
Finished Sq Ft:
1,880
ZIP:
90063
Lot Size:
7,280 sqft / 0.17 acres (approx)
Year Built:
1922
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Interior

Appliances
Gas Range
Cooling
None
Fireplace Features
None
Flooring
Tile

Exterior

Community Features
Sidewalks, Street Lights, Storm Drains
Fencing
Block
Garage Spaces
1.00
Lot Features
Sprinklers None
Parking Spots
1.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
View
None
Water Source
Public

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Community

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The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

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