$9,108

closing credit¹

923 N Alma Ave Los Angeles, CA 90063

$767,000
0.2 acres
Multi-Family

Property details

About 923 N Alma Ave

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

Highlights

Home typeDuplex
StatusActive
Lot size0.1671 Acres
Year built1922
MLS #P1-17485
Garage1 space

Summary

  • MLS Number: P1-17485
  • MLS Name: CRMLS
  • Office Name: Berkshire Hathaway Home Servic
  • Office Phone: (626) 440-5100
  • Office Email: marilynsimon@bhhscal.com
  • Listing Agent: Sonia Navarrete

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/20/2025, 5:15:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring a front lawn

$767,000

923 N Alma Ave

$9,108

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2021$40,710$1,628
2020$40,293$1,600
2019$39,504$1,467
2018$38,731$1,447
2017$37,973$1,447

History based on county public records data.

Nearby schools

6

Malabar Street Elementary

Public District KG-6

0.2 mi

3200 Malabar St

5

Evergreen Elementary School

Public District KG-6

0.5 mi

2730 Ganahl St

4

Harrison Street Elementary

Public District KG-6

0.5 mi

3529 City Terrace Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $38,561. Residents of Los Angeles, CA typically earn between $35k-100k each year. Residents typically live in married, with kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

43%
<35k
53%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

23%
Single, No Kids
27%
Single, with Kids
12%
Married, No Kids
38%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

23%
<11 yrs old
12%
12-17 yrs old
29%
18-34 yrs old
30%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • White CastleWhite Castle

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 923 N Alma Ave in Los Angeles, CA and zip code 90063 in the The Eastside neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 2, 2024 and is currently priced at $767,000.

Los Angeles, CA housing market in December 2024 saw over 524 listings sold above listed price, more than 203 sold at listed price and over 740 sold below. Between November and December 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 5.3%. Listings spent 41 days on the market in December 2024, and had a median list price of $1,026,634 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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