Property Details
About this Property
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.
MLS Listing Information
MLS #
CRP1-26010
MLS Source
California Regional MLS
Days on Site
12
Interior Features
Appliances
Oven Range - Gas
Cooling
None
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 1 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
923 N Alma Ave is a Residential Income in Los Angeles, CA 90023. This – square foot property sits on a 7,280 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $660,000 and was built in 1922. This address can also be written as 923 N Alma Ave, Los Angeles, CA 90023.
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This listing information is up-to-date as of February 26, 2026. For the most current information, please contact Sonia Navarrete, (626) 513-6254
