923 N Alma Avenue, Los Angeles, CA 90063
-
Listed Price :
$775,000
-
Beds :
5
-
Baths :
2
-
Property Size :
1,880 sqft
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Year Built :
1922
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.
Interior Features
| Laundry Information |
| Location(s) |
Gas Dryer Hookup |
| Bedroom Information |
| Features |
All Bedrooms Down |
| Bedrooms |
5 |
| Bathroom Information |
| Features |
Bathtub |
| Bathrooms |
2 |
| Flooring Information |
| Material |
Tile |
| Interior Information |
| Features |
All Bedrooms Down |
| Cooling Type |
None |
Listing Information
| Address |
923 N Alma Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90063 |
| County |
Los Angeles |
| Listing Agent |
Sonia Navarrete DRE #01704254 |
| Courtesy Of |
Berkshire Hathaway Home Servic |
| List Price |
$775,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Duplex |
| Structure Size |
1,880 |
| Lot Size |
7,280 |
| Year Built |
1922 |
Listing information courtesy of: Sonia Navarrete, Berkshire Hathaway Home Servic. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 31st, 2024 at 8:37 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
