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$600,000
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Property Description
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.
Full Property Details
Full Property Details for 923 N Alma Ave
General
- Sold For: $600,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: P1-26010
- Added to Site: 171 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
- Appliances: Gas Range
- Flooring: Tile, Laminate
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 1
Location
- Area: ELA - East Los Angeles
- County: Los Angeles
- Development Name: ELA - East Los Angeles
- Driving Directions: East on Wabash Ave, right on Alma Ave. Property on right.
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 2
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Roof: Composition
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,880
- Year Built: 1922
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: None
- Lot Size (Acres): 0.1671
- Lot Size Source: Assessor
- Lot Description: No Sprinklers
Financial Considerations
- Price Per Sq. Ft.: $319.15
Disclosures and Reports
- Exclusions: Washer, Dryer, Stove & Refrigerator
Listed by BHHS California Properties, Sonia Navarrete
Sold by The R.R. Network, Jan Magana
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Schools
Schools serving 923 N Alma Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Malabar Street Elementary School 3200 Malabar Street, Los Angeles, CA 90063 | K-6 | 0.2 mi |
Engineering And Technology Academy At Esteban E. Torres High No. 3 4211 Dozier Street, Los Angeles, CA 90063 | 9-12 | 1 mi |
East Los Angeles Renaissance Academy At Esteban E. Torres High No. 2 4211 Dozier Street, Los Angeles, CA 90063 | 9-12 | 1 mi |
Humanitas Academy Of Art And Technology At Esteban E. Torres High No. 4 4211 Dozier Street, Los Angeles, CA 90063 | 9-12 | 1 mi |
Social Justice Leadership Academy At Esteban E. Torres High No. 5 4211 Dozier Street, Los Angeles, CA 90063 | 9-12 | 1 mi |
Hilda L. Solis Learning Academy School Of Technology, Business And Education 319 North Humphreys Avenue, Los Angeles, CA 90022 | 9-12 | 1.3 mi |
James A. Garfield Senior High School 5101 E. Sixth St., Los Angeles, CA 90022 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 923 N Alma Ave
Date
Details
Price
Change
Source
6/29/2026
Sold
$600,000
-9.09%
MLS
2/26/2026
Listed
$660,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
923 N Alma Avenue, Los Angeles, CA 90023 (MLS# P1-26010) is a Multi-Family property that was sold at $600,000 on June 29, 2026. Want to learn more about 923 N Alma Avenue? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

