Prevu by reAlpha
BuySellBlogBrowse Listings

923 N Alma AvenueLos Angeles, CA 90023

For Sale

$660,000

Smart Buyer Rebate $4,000

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.

Listed by Sonia Navarrete

·

License #01704254

·

Berkshire Hathaway Home Servic

·

(626) 513-6254

Last updated February 26, 2026

·

Source: CRMLS #P1-26010

Listing Facts

  • TypeMulti-family
  • NeighborhoodEast Los Angeles
  • Days on Prevu18

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

02/26/2026
Listed by Berkshire Hathaway Home Servic
$660,000

Property Details for 923 N Alma Avenue

Association

Amenities

  • Community Features: Storm Drain(s), Street Lights, Sidewalks

Exterior

Construction

  • Stories: 1
  • Year Built: 1922
  • Common Walls: No Common Walls

Features

  • Fencing: Block

Measurements

  • Building Area Total: 1,880
  • Lot Features: Sprinklers None
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,280
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,280
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Operating Expense: $23,940.00

Taxes

  • Parcel Number: 5231019017

Interior

Features

  • Appliances: Gas Range
  • Flooring: Tile
  • Interior Features: All Bedrooms Down

Other

General

  • Exclusions: Washer, Dryer, Stove & Refrigerator

Location

  • Subdivision Name: Not Applicable
  • Tax Lot: 9,10

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Parking Total: 3

Utilities

Equipment

  • Has Heating: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 923 N Alma Avenue.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 923 N Alma Avenue.

How does 923 N Alma Avenue compare to other multi-family homes in East Los Angeles?

This multi-family home is listed 37% below the average price for multi-family homes in East Los Angeles and has been on the market for 86 less days than the typical home in this area.

923 N Alma Avenue is a -bedroom multi-family home for sale in Los Angeles CA 90023. Available on Prevu for 18 days at $660,000. This property is located in East Los Angeles. The median listing price for multi-family homes in this area is $824,999. Property amenities include parking. Browse more multi-family home listings in Los Angeles County.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.