$848,000
923 Alma Avenue, Los Angeles 90063
5
Beds
2
Baths
7,280
Lot Size
Listing Agent
Sonia Navarrete - Berkshire Hathaway Home ServicSeize 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 |
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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 |
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Area | ELA - East Los Angeles |
Subdivision | Not Applicable |
City | Los Angeles |
County | Los Angeles |
Zip Code | 90063 |
Amenities
Parking Spaces | 2 |
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# of Garages | 1 |
View | None |
Is Waterfront | No |
Has Pool | No |
Pool | None |
Interior
Cooling | None |
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Has Basement | No |
Fireplace | No |
Fireplaces | None |
Exterior
Lot Description | Sprinklers None, Yard |
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Additional Information
Date Listed | April 20th, 2024 |
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Days on Market | 140 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Sonia Navarrete |
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Office | Berkshire Hathaway Home Servic |