Pending

1019 S Alma Avenue

Los Angeles, CA 90023

$899,000 $3,790/Mo

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Overview

Bed

Bath

3,401

Sqft

Description

PRIME INVESTMENT OPPORTUNITY! Rare opportunity to own a spacious multi-unit property in Los Angeles offering incredible income potential. The front house boasts seven bedrooms and four bathrooms, while the back house features two bedrooms and one bathroom together offering over 3,400 sq. ft. of living space. Plenty of off-street parking. Located in a quiet neighborhood with a balcony view of Salazar Park. Whether you're looking to renovate, redevelop, or hold as a high-yield rental, this property offers unlimited potential. The generous square footage and flexible layout make it ideal for large households, co-living opportunities, or creating long-term rental streams. Both homes feature open layouts with plenty of natural light and room to customize. Both residences are in need o f repair and updates, presenting an excellent opportunity to add value with minimal investment. With the right improvements, this property has strong potential for increased rental income or resale. Conveniently located near major freeways, Downtown Los Angeles, USC, shopping, and dining, this property offers strong rental demand and future growth potential. Don't miss your chance to secure this prime investment. Opportunities of this scale and potential are hard to find!

Property Details

Property Type : Residential

Price : $899,000

AD Id : 67357227

MLS Id : 225130113

Beds : 9

Living Area Size : 3,401

Year Built : 1910

County : Los Angeles

Map

Features

Bedroom Information

Total beds: 9

Bathroom Information

Total Baths: 5 Full Baths: 5

Water/Sewer

Sewer: Public Sewer

Room Information

Total Bedroom: 9
Flooring Information

Carpet, Concrete, Tile, Wood
Roofing Information

Shingle
Interior Features

Roof: Shingle Laundry Features: Inside Area
Heating & Cooling

Heating: Baseboard, Radiant Cooling: Ceiling Fan(s), Wall Unit(s), Window Unit(s) WaterSource: Public
Fireplace

Number of Fireplaces: 0 Fireplace Features: 0

Building Information

Year Built: 1910 Construction Materials: Stucco Roof: Shingle Foundation Details: Raised
Exterior Features

Balcony

Foundation Details: Raised

Porch: Front Porch
Laundry Features

Inside Area

Patio And Porch

Front Porch

Lot Information

Lot Description: Other Lot Square Feet: 6,484 Stories: 2 Main Square Feet: 3,401

Property Information

Property Type: Residential Sub Type: 2 Houses on Lot Style: Craftsman SQ ft (Living Area): 3,401 Construction Materials: Stucco Property Age: 116 Cross Street: Verona Source Neighborhood: Los Angeles County Postal Code Plus 4: 2426 Area: Los Angeles S: 90023 Zoning: Duplex Living Area Source: Not Verified Structure Type: Detached

Farm Info

Irrigation Source: Public District

Listing Price Information

Listing Id: 225130113 List Price: $899,000 List Price Tot SqFt: $264

Tax Information

Parcel Number: 5239-004-022

Parking Information

No Garage

Elementary School District: Other

Junior High School District: Other

Senior High School District: Other
Utility Information

Public Electric: 220 Volts
Location Information

Direction: See Map. Whittier Blvd to S. Alma

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