7 months on rocket

923 N Alma Ave, Los Angeles, CA, 90063

$767,000

Home List Price

$9,108*

Closing Credit

0 Baths
Multi

Location

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923 N Alma Ave, Los Angeles$767,000

Buyer Closing Credits

$9,108*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage1 space
Year Built1922
CoolingNone
FireplaceNone
ViewNone
MLS #P1-17485
Lot Size0.17 Acres
StatusActive

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

Property Details

Property Features

Property Information:

  • Year Built: 1922

Listing Office:

  • Office Name: Berkshire Hathaway Home Servic
  • Office Phone: (626) 440-5100
  • Listing Agent: Sonia Navarrete

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 1 space

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: Exit Fwy 1-10 E , Rt on Soto St, Left on Wabash, slight right to stay on Wabash Ave, Turn Rt on N Alama Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $767,000

Tax Information:

  • Annual Amount: $1,628
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

923 N Alma Ave vs Los Angeles

229 DAYS ON ROCKET

+191 Days

$767,000

-$254.5K Less

KEY TAKEAWAY

This property is $254.5K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #P1-17485

Listing Office:

  • Office Name: Berkshire Hathaway Home Servic
  • Office Phone: (626) 440-5100
  • 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: 12/18/2024, 7:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

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

History based on county public records data.

Payment Calculator

$3,896

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,366

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4451971
6
/10

  • Malabar Street Elementary

  • 3200 Malabar St

  • 0.21 miles

  • Public District Grades KG-6

school-card-donut-4451972
5
/10

  • Evergreen Elementary School

  • 2730 Ganahl St

  • 0.48 miles

  • Public District Grades KG-6

school-card-donut-4451973
4
/10

  • Harrison Street Elementary

  • 3529 City Terrace Dr

  • 0.55 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,561. The majority of Los Angeles, CA residents have income between $35k-100k annually. The most common type of family is married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90063›923 N Alma Ave

This home is located at 923 N Alma Ave in Los Angeles, CA and zip code 90063 in the The Eastside neighborhood. This home, which was built in 1922, sits on a 0.17 acre lot. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $767,000.

In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.

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

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