138 S Alma Ave, Los Angeles, CA 90063 is For Sale
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138 S Alma Ave, Los Angeles, CA 90063

7 beds4 baths2,314 sqft

For Sale
$529,000
Zestimate®: $437,080
Est. Mortgage
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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My Notes

Edit
Rent is way below market, great potential to increase rent. All tenants have been there longer than the owner owns the building- at least 12 years. Title profile shows 2 units, 7 beds and 4 bath but the property has been divided into 3 units plus one of the two garages conversion for a very long time. Current rent roll is First Floor 138-A, 2 bed 1 bath rented $900, 138-B, 2bed 1bath rented $780. 2nd floor is 4 bed 2 bath rented $1160, additional income for garage conversion 2 bed 1 bath rented $685, total rental income including unpermitted garage conversion is $3,525. A lot of room to increase rent. Walk 30 seconds to newly built High School. Only one block to Metro Link station. Very convenient location. Easy access to Fwy 60, 710 and 10. No rent control per owner. Some deferred maintenance. Brokered And Advertised By: IRN REALTY Listing Agent: CHARLES C L FANN  More Less 

Facts

  • Lot: 6,565 sqft
  • Single Family
  • Built in 1914
  • 166 days on Zillow
  • Last sold: Jan 2003 for $316,000
  • Price/sqft: $229
  • MLS #: WS14120489

Features

  • Parking: 4 spaces

      Construction

      • # Stories: 1.0
      • Unit count: 2

      Other

      • Floor size: 2,314 sqft
      • Last remodel year: 1973
      • Lot depth: 133
      • Lot width: 50
      • Parcel #: 5232019037
      • Zillow Home ID: 20648914

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

      Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
      $437,080
      +$12,373 Last 30 days
      $393K
      $481K
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $1,965/mo
      +$14 Last 30 days
      $1.3K
      $2.5K
      Zestimate range
      Zestimate forecast
      $XXX,XXX
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      One year
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      Popularity on Zillow

      1,166 views since listing
      1,216 all-time (chart)
      4 shoppers saved
      this home to their list of favorites
       

      Home Expenses

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      Neighborhood

      Market guide

      Zillow predicts 90063 home values will increase 3.6% next year, compared to a 4.8% rise for East Los Angeles as a whole. Among 90063 homes, this home is 66.1% more expensive than the midpoint (median) home, but is priced 23.2% less per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In 90063, the number of foreclosures waiting to be sold is 11.6% greater than in East Los Angeles, and 48.4% higher than the national average. This higher local number may prevent 90063 home values from rising as quickly as other regions in East Los Angeles.

      Learn more about forecast calculations or 90063 home values.
        More Less 
       

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        Nearby Schools in East Los Angeles

        GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org

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