ResidentialIncome — 923 N Alma Avenue, Los Angeles, CA
$660,000
923 N Alma Avenue, Los Angeles, CA
About this property
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.
Property details
Location
923 N Alma Avenue • Los Angeles, CA 90023
Listed by
Sonia Navarrete · BHHS California Properties