$848,000

923 Alma Avenue, Los Angeles 90063

5

Beds

2

Baths

7,280

Lot Size

Listing Agent
Sonia Navarrete - Berkshire Hathaway Home Servic

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 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.

Facts & Features

MLS® # P1-17485
Price $848,000
Bedrooms 5
Bathrooms 2.00
Lot Size 7,280
Year Built 1922
Type Residential Income
Sub-Type Duplex
Status Active

Community Information

Address 923 Alma Avenue
Area ELA - East Los Angeles
Subdivision Not Applicable
City Los Angeles
County Los Angeles
Zip Code 90063

Amenities

Parking Spaces 2
# of Garages 1
View None
Is Waterfront No
Has Pool No
Pool None

Interior

Cooling None
Has Basement No
Fireplace No
Fireplaces None

Exterior

Lot Description Sprinklers None, Yard

Additional Information

Date Listed April 20th, 2024
Days on Market 140
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentSonia Navarrete
OfficeBerkshire Hathaway Home Servic

Listing Map

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