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923 Alma Avenue
Los Angeles, CA 90063
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
PROPERTY INFORMATION
| MLS # | P1-17485 | Lot Size | 7,280 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Duplex |
| Price | $ 775,000
Price Per SqFt: $ 412 |
DOM | 393 Days |
| Address | 923 Alma Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 1,880 Sq. Ft. |
| Postal Code | 90063 | Garage | 1 |
| County | Los Angeles | Year Built | 1922 |
| Bed / Bath | 0 / 0 | Parking | 2 |
| Built In | 1922 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | No |
| Kitchen Appliances | None |
| Has Heating | Yes |
| Has Cooling | No |
| Cooling Information | None |
| Has Spa | No |
| SpaDescription | None |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
| Has Fence | Yes |
| Has Sprinklers | No |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $827
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 09/12/2024 | Active | $848,000 |
| 05/01/2024 | Listed | $905,000 |
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Listing provided courtesy of Sonia Navarrete, Berkshire Hathaway Home Servic. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
