923 N Alma Avenue
Los Angeles, CA 90063
0.17 acres | #P1-17485
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
Property Details
- Lot DescriptionSprinklersNone, Yard
Measurements
- Acres0.1671
Parking
- Parking Spaces1
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1922
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionNot Applicable
Location
- CountyLos Angeles
Financial Details
- Original List Price$905,000
Other
- MLS #P1-17485
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Sonia Navarrete (#p16588)
Listing Office: Berkshire Hathaway Home Servic (#PF5333)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.