923 N Alma AV
Los Angeles, CA, 90023
$660,000
Beds
0 Baths
0 SqFt
0.17 Acres
Add
MLS #P1-26010 image #0
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.

Property Details

Price:
$660,000
MLS #:
P1-26010
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Duplex
Neighborhood:
elaeastlosangeles
Listed Date:
Feb 26, 2026
Total Sq Ft:
1,880
Lot Size:
7,280 sqft / 0.17 acres (approx)
Year Built:
1922
Ela – East Los AngelesElaeastlosangelesNone

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Schools

Interior

Appliances
GR
Cooling
NO
Flooring
TILE
Laundry Features
GAS

Exterior

Community Features
SDW, STM, SL
Parking Spots
3

Financial

Net Operating Income
$44,460

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Mar 09, 2026
7,146
Single Family Listed
82
Avg DOM
510
Avg $ / SqFt
$1,493,434
Avg List Price

Property Summary

    Located in the Not Applicable subdivision, 923 N Alma AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90023. It is listed for $660,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1922. The average price per square foot for Single Family listings in Los Angeles is $510. The average listing price for Single Family in Los Angeles is $1,493,434.

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