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Sold for $565,000
  • Listed by: Vimvi California • Mark MacFarlane • Contact: 626-669-1088
    Bought with: First Family Homes
    $565,000

    1057 S Alma Ave, Los Angeles, CA 90023

    3beds
    1,605sqft
    Duplex
    Built in 1913
    6,498 Square Feet Lot
    $729,900 Zestimate®
    $352/sqft
    $3,551 Estimated rent

    Home value

    $729,900

    $657,000 - $803,000

    $3,551/mo

    Zestimate® history
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    What's special

    Separate patiosCustom living spaceFront housePrivate garages
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark MacFarlane DRE #01795440 mark@vimvi.com,

    Vimvi California,

    Justin Fautsch DRE #02081966 626-669-1088,

    Vimvi California

    Bought with:

    Manuel Reyes, DRE #01351557

    First Family Homes

    Source: CRMLS,MLS#: P1-19027MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 3
    • Main level bedrooms: 2
    Rooms
    • Room types: Kitchen, Living Room
    Heating
    • None
    Cooling
    • None
    Appliances
    • Laundry: None
    Features
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,605 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Door-Multi, Driveway, Garage, On Street
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Concrete, Front Porch
    • Exterior features: Lighting
    • Pool features: None
    • Spa features: None
    • Fencing: Block,Wood,Wrought Iron
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,498 Square Feet
    • Features: Front Yard, Landscaped, Paved, Rectangular Lot, Sprinklers None, Street Level
    Details
    • Parcel number: 5239004014
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Duplex
    Materials
    • Frame, Stucco
    • Foundation: Raised
    • Roof: Shingle
    Condition
    • Fixer
    • New construction: No
    • Year built: 1913

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Storm Drain(s), Street Lights, Suburban, Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $352/sqft
    • Tax assessed value: $649,458
    • Annual tax amount: $9,214
    • Date on market: 8/27/2024
    • Cumulative days on market: 20 days
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/7/2025Sold$565,000+3.7%$352/sqft
    Source: CRMLS #P1-19027 Report a problem
    9/18/2024Pending sale$545,000$340/sqft
    Source: CRMLS #P1-19027 Report a problem
    9/13/2024Contingent$545,000$340/sqft
    Source: CRMLS #P1-19027 Report a problem
    8/27/2024Listed for sale$545,000$340/sqft
    Source: CRMLS #P1-19027 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,214 +2.7%$649,458 +2%
    2024$8,968 +4.3%$636,724 +1246%
    2023$8,601 +404.5%$47,305 +2%
    2022$1,705 +1.5%$46,379 +2%
    2021$1,680 0%$45,470 +1%
    2020$1,680 $45,005 +2%
    2019$1,680 +12.1%$44,124 +2%
    2018$1,499 $43,259 +2%
    2017$1,499 +1.4%$42,412 +2%
    2016$1,477 +3%$41,582 +1.5%
    2015$1,435 +0.4%$40,959 +2%
    2014$1,429 $40,157 +4.5%
    2011-- $38,426 +0.7%
    2010-- $38,140 -0.2%
    2009-- $38,232 +2%
    2008-- $37,483 +2%
    2007-- $36,749 +2%
    2006-- $36,030
    2005-- $36,030 +4%
    2004-- $34,632 +1.9%
    2003-- $33,998 +2%
    2002-- $33,332 +4%
    2000-- $32,039
    Find assessor info on the county website

    Neighborhood: 90023

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $729,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $729,900