14 days on rocket

923 N Alma Ave, Los Angeles, CA, 90063

$905,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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923 N Alma Ave, Los Angeles$905,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage1 space
Year Built1922
CoolingNone
FireplaceNone
ViewNone
MLS #P1-17485
Lot Size0.17 Acres
StatusActive

About 923 N Alma Ave

Welcome to your next great investment in East Los Angeles! Looking for a renovation project with huge potential? You've just found it. This duplex is ideal for CASH buyers eager to dive into a project that promises big returns. Picture this: two detached units waiting for your magic touch. The first is a cozy 3-bedroom, 1-bathroom space spanning 1,459 sqft, while the second offers a 2-bedroom, 1-bathroom layout across 1,569 sqft. Both units are primed for updates and custom redesigns to truly make them shine.But wait, there's more! The real kicker? You can boost your rental income with up to 2 Additional Dwelling Units (ADUs) and one Junior ADU, thanks to the property's eligible zoning. Located at the hub of major freeways (10, 5, 710, and 60), your tenants will enjoy unparalleled access to all corners of Los Angeles. Plus, no worries about rent control here--this property isn't subject to the Rent Stabilization Ordinance. Don't miss out, come see the potential and start planning your dream project today!Anterior Photo digitally enhanced.

Property Details

Property Features

Property Information:

  • Year Built: 1922

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices California Properties
  • Office Phone: (626) 440-5100
  • Listing Agent: Sonia Navarrete

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 1 space

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Cooling: None

School Info

Assigned Schools Information:

  • East Los Angeles Renaissance Academy at Esteban E. Torres High School, Public District Grades 9-12
  • East Los Angeles Performing Arts Academy at Esteban E. Torres High School, Public District Grades 9-12
  • Social Justice Leadership Academy at Esteban E. Torres High School, Public District Grades 9-12
  • Belvedere Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Malabar Street Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Exit Fwy 1-10 E , Rt on Soto St, Left on Wabash, slight right to stay on Wabash Ave, Turn Rt on N Alama Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $905,000

Tax Information:

  • Annual Amount: $1,628
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

923 N Alma Ave vs Los Angeles

14 DAYS ON ROCKET

-20 Days

$905,000

-$81.4K Less

KEY TAKEAWAY

This property is $81.4K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #P1-17485

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices California Properties
  • Office Phone: (626) 440-5100
  • Listing Agent: Sonia Navarrete

IDX 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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/17/2024, 2:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,628$40,710
2020$1,600$40,293
2019$1,467$39,504
2018$1,447$38,731
2017$1,447$37,973

History based on county public records data.

Payment Calculator

$4,584

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,780

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2532372
6
/10
  • Malabar Street Elementary School

  • 3200 Malabar St

  • 0.18 miles

  • Public District Grades KG-6

school-card-donut-2532373
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 9.15 miles

  • Public Magnet Grades KG-6

school-card-donut-2532374
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 23.65 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-2532375
5
/10
  • Belvedere Middle School

  • 312 N Record Ave

  • 0.84 miles

  • Public Magnet Grades 6-8

school-card-donut-2532376
4
/10
  • Studio

  • 2211 W Avenue 30

  • 4.74 miles

  • Public District Grades 6-8

High School

school-card-donut-2532377
5
/10
  • East Los Angeles Renaissance Academy at Esteban E. Torres High School

  • 4211 Dozier St

  • 1.02 miles

  • Public District Grades 9-12

school-card-donut-2532378
4
/10
  • East Los Angeles Performing Arts Academy at Esteban E. Torres High School

  • 4211 Dozier St

  • 1.02 miles

  • Public District Grades 9-12

school-card-donut-2532379
5
/10
  • Social Justice Leadership Academy at Esteban E. Torres High School

  • 4211 Dozier St

  • 1.02 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,561. Typical income of Los Angeles, CA residents is between $35k-100k annually. Most families are married, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountyLos Angeles90063923 N Alma Ave

This home is located at 923 N Alma Ave in Los Angeles, CA and zip code 90063 in the The Eastside neighborhood. This home, which was built in 1922, sits on a 0.17 acre lot. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $905,000.

While more than 701 listings in Los Angeles, CA in April 2024 were sold above asking price, there were more than 204 listings sold at asking price, and more than 629 were sold below. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. In April 2024 median list price was $986,427 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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