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 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
Schools
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
Financial
Map
Community
- Address923 N Alma Avenue Los Angeles CA
- AreaELA – East Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90063
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Courtesy of Berkshire Hathaway Home Servic. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Robert Barksdale include the name of the listing broker. Neither the listing company nor Robert Barksdale shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
923 N Alma Avenue
Los Angeles, CA
LIGHTBOX-IMAGES