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
See this Listing
Schools
Interior
Appliances
GR
Cooling
NO
Flooring
TILE
Laundry Features
GAS
Exterior
Community Features
SDW, STM, SL
Parking Spots
3
Financial
Map
Community
- Address923 N Alma AV Los Angeles CA
- SubdivisionNot Applicable
- CityLos Angeles
- CountyLos Angeles
- Zip Code90023
Subdivisions in Los Angeles
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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