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1057 S Alma Ave, Los Angeles, CA 90023

Sale Price: $565,000
Aug 27, 20241,605 sqft3 beds2 baths
Listed by: Mark MacFarlane
License #: 01795440
Phone #: (626) 669-1088
Vimvi California
Source:
CRMLS Logo
MLS #: P1-19027

Property Description

Discover the potential of this charming duplex in the heart of East Los Angeles, front house now stripped down to its studs and ready for a contractor to rebuild. This property offers an incredible opportunity for investors or handy homeowner looking to create a custom living space or generate rental income. The front unit, currently down to its studs, 2-bedroom, 1-bathroom layout, giving you the freedom to design and finish the space to your exact specifications. The back unit is a cozy 1-bedroom, 1-bathroom space that is currently occupied, providing immediate rental income while you complete the renovation on the front unit. Each unit is separately metered for gas and electric, ensuring convenience for future tenants. Additionally, both units feature their own private garages and separate patios, offering comfortable outdoor space.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$7,866

TurboHome Estimated Value

$534,700

$333 sqft

High Valuation
$561,435
$350/sqft
Normal Valuation
$534,700
$333/sqft
Low Valuation
$507,965
$316/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$333/sqft$534,700

Neighborhood

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Comparative Value

$545K

$565K

$635K

$670K

$685K

1057 S Alma Ave, Los Angeles, CA 90023

List Price: $545,000

Subject Property

1057 S Alma Ave, Los Angeles, CA 90023

Sale Price: $565,000

Selected Comparable

3505 E Cesar E Chavez Ave, Los Angeles, CA 90063

Sale Price: $635,000

Selected Comparable

3242 Gleason Ave, Los Angeles, CA 90063

Sale Price: $670,000

Selected Comparable

3226 Inez St, Los Angeles, CA 90023

Sale Price: $670,000

Selected Comparable

956 Marietta St, Los Angeles, CA 90023

Sale Price: $685,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1057 S Alma Ave, Los Angeles, CA 90023

1057 S Alma Ave, Los Angeles, CA 90023

List: $545,000

Listed: 8/27/2024

Area:1,605 sqft
Price/sqft:$340
Beds:3
Baths:2
Year Built:
Lot Size:6,498

Comparable Properties

COMPARABLE
Choose comps
1057 S Alma Ave, Los Angeles, CA 90023

1057 S Alma Ave, Los Angeles, CA 90023

Sale: $565,000

1/7/20250.00 mi

Area:1,605 sqft
Price/sqft:$352
Beds:3
Baths:2
Year Built:
Weight:23.2%
3242 Gleason Ave, Los Angeles, CA 90063

3242 Gleason Ave, Los Angeles, CA 90063

Sale: $670,000

7/3/20251.18 mi

Area:1,811 sqft
Price/sqft:$370
Beds:3
Baths:2
Year Built:
Weight:20.8%
956 Marietta St, Los Angeles, CA 90023

956 Marietta St, Los Angeles, CA 90023

Sale: $685,000

6/18/20251.34 mi

Area:1,306 sqft
Price/sqft:$525
Beds:3
Baths:2
Year Built:
Weight:19.4%
3505 E Cesar E Chavez Ave, Los Angeles, CA 90063

3505 E Cesar E Chavez Ave, Los Angeles, CA 90063

Sale: $635,000

12/27/20241.37 mi

Area:1,392 sqft
Price/sqft:$456
Beds:3
Baths:2
Year Built:
Weight:18.4%
3226 Inez St, Los Angeles, CA 90023

3226 Inez St, Los Angeles, CA 90023

Sale: $670,000

3/12/20250.91 mi

Area:1,246 sqft
Price/sqft:$538
Beds:3
Baths:2
Year Built:
Weight:18.3%

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