1017 S Alma Ave Los Angeles, CA 90023

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 of 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!