923 N Alma Avenue, Los Angeles, CA 90023
- $600,000
- Sold Price
- $600,000
- List Price
- $660,000
- Closing Date
- Jun 29, 2026
- Status
- CLOSED
- MLS#
- P1-26010
- Year Built
- 1922
- Lot Size
- 7,280
- Acres
- 0.17
- Lot Location
- Sprinklers None
- Days on Market
- 76
- Property Type
- Multifamily
- Property Sub Type
- Duplex
- Stories
- One Level
- Neighborhood
- Not Applicable
Property Description
Major fixer duplex redevelopment opportunity in East Los Angeles, Boyle Heights adjacent, near Downtown Los Angeles, on a 7,280 sq ft LCR2-zoned lot with alley access and delivered vacant at close of escrow. This is a true value add play for investors seeking redevelopment, reconfiguration, or ADU potential in a high-demand infill market with strong rental fundamentals. The property includes a 1922 front home and a 1962 rear unit, creating a flexible footprint for renovation, repositioning, or future income growth, subject to buyer verification. Rear unit is vacant and front unit will be delivered vacant at close of escrow, giving immediate access for construction or redevelopment. Convenient access to the 5, 10, 60, and 710 freeways and close proximity to Downtown Los Angeles, making this a strong value add play for investors looking to capitalize on location, lot size, zoning, and long-term upside.
/u.realgeeks.media/jeremysifuentes/header.png)
Additional Information
- Appliances
- Gas Range
- Pool Description
- None
- Cooling Description
- None
- View
- None
- Roof
- Composition
- Garage Spaces Total
- 1
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- All Bedrooms Down
- Attached Structure
- Detached
- Gross Scheduled Income
- $72,000
- Operating Expense
- 23940
Listing courtesy of Listing Agent: Sonia Navarrete (sonianrealtor@gmail.com) from Listing Office: BHHS California Properties.
Listing sold by Jan Magana from The R.R. Network
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.