$660,000

923 N Alma Avenue, Los Angeles, CA 90023

  • 1,880 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1922
  • Property Lot Size Icon7,279sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $351/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
February 26, 2026
Data Last Updated:
March 4, 2026 at 7:16AM
Listing Office:
Berkshire Hathaway Home Servic : (626) 440-5100
Listing Agent:
Sonia Navarrete : (626) 513-6254
MLS ID:
P1-26010
  • General: All Bedrooms Down
  • Appliances: Gas Range
  • Laundry: Gas Dryer Hookup
  • Flooring: Tile
  • A/C: None
  • Heating:
  • Fireplace: None
  • General: None
  • Pool: None
  • Parking: Parking spaces: 3
  • General: 1
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRF
  • County: Los Angeles
  • Zoning: 5231019017
  • View: None
  • Fencing: Block
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_CRF
  • Exclusions: WasherDryerStove & Refrigerator

This listing courtesy of Sonia Navarrete , Berkshire Hathaway Home Servic

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Malabar Street Elementary

3200 Malabar St, Los Angeles, CA, 90063

Grades KG-6

0.21 miles away

B

Belvedere Middle School

312 N Record Ave, Los Angeles, CA, 90063

Grades 6-8

0.77 miles away

R

Ramona Opportunity High School

231 S Alma Ave, Los Angeles, CA, 90063

Grades 7-12

0.88 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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