923 N Alma AVE Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90063
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-17485
Construction Status Fixer,Repairs Major
HOA Y/N No
Year Built 1922
Lot Size 7,278 Sqft
Property Description
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
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Interior
Cooling None
Fireplaces Type None
Fireplace No
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Storm Drain(s),Sidewalks
View Y/N No
View None
Total Parking Spaces 2
Private Pool No
Building
Lot Description Sprinklers None,Yard
Sewer Public Sewer
Water Public
New Construction No
Construction Status Fixer,Repairs Major
Others
Senior Community No
Tax ID 5231019017
Energy Description 300.0
Acceptable Financing Cash,FHA 203(k)
Listing Terms Cash,FHA 203(k)
Special Listing Condition Standard