Listing by: Sonia Navarrete, Berkshire Hathaway Home Servic

5 Beds

2 Baths

1,880SqFt

Active

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
Price $767,000
Bedrooms 5
Full Baths 2
Half Baths 0
Total Baths 2
Lot Size Area 7280
Lot Size Area Units Square Feet
Acres 0.1671
Property Type Residential
Sub type Duplex
MLS Sub type Duplex
Exterior Features Sidewalks,Street Lights,Storm Drains
Year Built 1922
View None
Lot Description Sprinklers None
Laundry Features Gas Dryer Hookup
Pool features None
Parking Spaces 1
Garage spaces 1
Geographic Data
Directions Exit Fwy 1-10 , Rt on Soto St , Left on Wabash , slight right to stay on Wabash Ave, Turn Rt on N Alma Ave
County Los Angeles
Latitude 34.046759
Longitude -118.192246
Market Area ELA - East Los Angeles
Address Information
Address 923 N Alma Avenue, Los Angeles, CA 90063
Postal Code 90063
City Los Angeles
State CA
Country United States
Listing Information
Listing Office Berkshire Hathaway Home Servic
Listing Agent Sonia Navarrete
Special listing conditions Standard
Ownership None
Virtual Tour URL https://mls.kuu.la/share/collection/7cVw9?fs=0&vr=1&zoom=1&sd=1&gyro=0&autorotate=0.02&autop=10&thumbs=1&margin=10&keys=0
MLS Information
Days on market 164
MLS Status Active
Listing Date May 28, 2024
Listing Last Modified Dec 13, 2024
Tax ID 5231019017
MLS Area ELA - East Los Angeles
MLS # P1-17816

This information is believed to be accurate, but without any warranty.
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