Properties

Los Angeles, CA 90023 923 N Alma Avenue

923 N Alma Avenue Los Angeles, CA - Image 1923 N Alma Avenue Los Angeles, CA - Image 2923 N Alma Avenue Los Angeles, CA - Image 3
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923 N Alma Avenue Los Angeles, CA - Image 4923 N Alma Avenue Los Angeles, CA - Image 5923 N Alma Avenue Los Angeles, CA - Image 6923 N Alma Avenue Los Angeles, CA - Image 7
Presented By: Sonia Navarrete with Berkshire Hathaway Home Servic;
  • MLS# P126010
  • 01/21/2026
  • Get pre-approved
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  • Baths • 1
  • SQFT • 1,880
  • Garage • 1

Home Details

Prime Developer / Investor Rehab Opportunity! Rare duplex with two separate structures, a 1922 front home and a 1962 rear unit, set on a 7,280 sq ft LCR2-zoned lot in a stable, high-demand East Los Angeles area near Downtown. The property is in major disrepair and requires a full overhaul, making it best suited for cash buyers, builders, or seasoned investors looking for a ground-up renovation or redevelopment project. Favorable R2 zoning on a deep lot offers compelling potential for added density, including the possibility of up to two additional ADUs (buyer to verify with the City), creating a strong path to future income and value. A long driveway with multiple parking spaces supports multi-unit use, and the site benefits from quick access to major freeways (5, 10, 60, 710), and nearby employment centers. For those ready to take on a serious rehab in a high-demand area, this property delivers the scale, zoning, and location to justify a substantial repositioning.
Presented By: Sonia Navarrete with Berkshire Hathaway Home Servic;

Interior Features for 923 N Alma Avenue

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Common WallsNo Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringTile
Heating Y/NYes
Interior AmenitiesAll Bedrooms Down
Laundry FeaturesGas Dryer Hookup

General for 923 N Alma Avenue

AppliancesGas Range
CityLos Angeles
Community FeaturesStorm Drain(s), Street Lights, Sidewalks
CoolingNone
CountyLos Angeles
DirectionsEast on Wabash Ave, right on Alma Ave. Property on right.
Electric Expense
ExclusionsWasher, Dryer, Stove & Refrigerator
Fuel Expense
Garage Spaces1
Garage Y/NYes
Gross Income
HOA Fee$
Insurance Expense
Land Lease Y/NNo
LevelsOne
Listing TermsCash, FHA 203(k)
Lot Size Square Feet7280
Lot Size UnitsSquare Feet
MLS AreaELA - East Los Angeles
Net Operating Income44460
Operating Expense23940
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameNot Applicable
Tax Lot9, 10
Trash Expense0
ViewNone
Water Sewer Expense0
Year Built1922
Year Built SourceAssessor

Exterior for 923 N Alma Avenue

Building Area Total1880
FencingBlock
Lot FeaturesSprinklers None
Lot Size Acres0.1671
Lot Size Area7280
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Private PoolNo
SpaNo
Total Parking3
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $660,000
MLS#P126010
List Date 01/21/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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