1156 S Alma Avenue
Los Angeles, CA, 90023
$399,000
Beds
0 Baths
SqFt
0.12 Acres
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Welcome to 1156 S Alma, a legally zoned duplex with bonus income from a rented garage space. This centrally located South LA property is perfect for investors seeking stable cash flow from day one. The front unit is currently rented at $1,075/month, the rear unit at $650/month, and the detached garage brings in an additional $450/month – totaling $2,175 in monthly income. Each unit has its own charm and is fully occupied, offering strong rental upside. Located near major freeways, public transit, and within close proximity to USC, DTLA, and the Coliseum, this is a smart addition to any portfolio. Drive-by only – do not disturb tenants

Property Details

Price:
$399,000
MLS #:
P1-22903
Status:
Pending
Baths:
0
Address:
1156 S Alma Avenue
Type:
Residential Income
Neighborhood:
elaeastlosangeles
City:
Los Angeles
Listed Date:
May 9, 2024
State:
CA
ZIP:
90023
Lot Size:
5,136 sqft / 0.12 acres (approx)
Year Built:
1921
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Interior

Cooling
None
Fireplace Features
None
Heating
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Exterior

Community Features
Urban
Garage Spaces
0.00
Lot Features
Sprinklers None
Parking Features
Driveway
Parking Spots
4.00
Pool Features
None
Spa Features
None
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None

Financial

Association Fee
0.00
Tenant Pays
Cable T V, Gas, Electricity

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Rover IDX
1156 S Alma Avenue
Los Angeles, CA