REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

$ 775,000

Est. payment -/mo

Save Virtual Tour Video Tour

Price Dropped by $73K

923 N Alma AVE Los Angeles, CA 90063

7,278 Sqft Lot

UPDATED:

11/05/2024 05:05 AM

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

Listed by Sonia Navarrete • Berkshire Hathaway Home Servic

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

GET MORE INFORMATION

QUICK SEARCH

Rick Lee

Rick Lee

923 N Alma AVE Los Angeles, CA 90063

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

923 N Alma AVE