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.