Los Angeles, CA 90063,923 N Alma AVE
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Los Angeles, CA 90063,923 N Alma AVE
Los Angeles, CA 90063,923 N Alma AVE
Los Angeles, CA 90063,923 N Alma AVE
Los Angeles, CA 90063,923 N Alma AVE
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$ 848,000
Est. payment /mo
Active

923 N Alma AVE Los Angeles, CA 90063

5 Beds

2 Baths

1,880 SqFt


UPDATED:

10/16/2024 03:32 AM

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

HOA Y/N No

Year Built 1922

Lot Size 7,278 Sqft

Acres 0.1671

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

Interior Features All Bedrooms Down

Laundry Location Gas Dryer Hookup

Cooling None

Flooring Tile

Fireplaces Type None

Fireplace No

Appliance Gas Range

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

Porch Concrete

Attached Garage Yes

Total Parking Spaces 1

Private Pool No

Building

Lot Description Sprinklers None

Dwelling Type Duplex

Story One

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Others

Senior Community No

Tax ID 5231019017

Acceptable Financing Cash, FHA 203(k)

Listing Terms Cash, FHA 203(k)

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Sonia Navarrete • Berkshire Hathaway Home Servic

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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923 N Alma AVE