923 N Alma AVE Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90063
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,880 sqft
Price per Sqft $451
MLS Listing ID P1-17816
Bedrooms 5
Full Baths 2
Year Built 1922
Lot Size 7,278 Sqft
Property Description
Seize this rare opportunity! This remarkable investment property in East Los Angeles just became even more enticing with a newly adjusted price!! This multifamily property is ideal for visionaries and investors alike. The front unit features 3 spacious bedrooms, 1 bathroom, and a generous 1,459 sqft of living space, complete with a large attached storage room. The back unit built in 1962 ;offers a comfortable 2-bedroom, 1-bathroom layout across 1,569 sqft, perfect for a variety of living arrangements.What sets this property apart is its incredible potential for transformation. With the ability to add up to 2 Additional Dwelling Units (ADUs) thanks to favorable zoning, you can significantly enhance rental income and capitalize on this prime location. Whether you're an investor looking to maximize returns or a homeowner planning to live in one unit while renting out the other, this property offers flexibility and substantial opportunity.Situated with unparalleled access to major freeways (10, 5, 710, and 60), this property ensures convenience and connectivity for future tenants. This price adjustment represents a golden opportunity to maximize your investment. Whether you're looking to renovate and rent or create a multi-generational living space, this property offers endless possibilities. Don't miss out on this prime investment opportunity! Schedule your viewing and start planning your next project today.
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Rooms
Ensuite Laundry Gas Dryer Hookup
Interior
Laundry Location Gas Dryer Hookup
Cooling None
Flooring Tile
Fireplaces Type None
Laundry Gas Dryer Hookup
Exterior
Garage Spaces 1.0
Garage Description 1.0
Fence Block
Pool None
Community Features Storm Drain(s),Street Lights,Sidewalks
View Y/N No
View None
Building
Lot Description Sprinklers None
Dwelling Type Duplex
Story One
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash,FHA 203(k)
Listing Terms Cash,FHA 203(k)
Special Listing Condition Standard