Welcome to 1156 S Alma, a legally zoned duplex with bonus income from a rented garage space. This centrally located South LA property is perfect for investors seeking stable cash flow from day one. The front unit is currently rented at $1,075/month, the rear unit at $650/month, and the detached garage brings in an additional $450/month - totaling $2,175 in monthly income. Each unit has its own charm and is fully occupied, offering strong rental upside. Located near major freeways, public transit, and within close proximity to USC, DTLA, and the Coliseum, this is a smart addition to any portfolio. Drive-by only - do not disturb tenants
For sale
Listing Provided by:
Brian Parsons DRE #01712649 626-204-3300,
Keller Williams Realty
$399,000
1156 S Alma Ave, Los Angeles, CA 90023
2beds
3baths
1,224sqft
Est.:
Multi Family
Built in 1921
-- sqft lot
$390,800 Zestimate®
$326/sqft
$-- HOA
What's special
- 27 days
- on Zillow |
- 1,612 |
- 69 |
Zillow last checked: 7 hours ago
Listing updated: August 25, 2025 at 03:07pm
Listing Provided by:
Brian Parsons DRE #01712649 626-204-3300,
Keller Williams Realty
Source: CRMLS,MLS#: P1-22903
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
Heating
- None
Cooling
- None
Appliances
- Laundry: None
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,224
- Total interior livable area: 1,224 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway
Features
- Levels: One
- Stories: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 5,136 Square Feet
- Features: Sprinklers None
Details
- Parcel number: 5242007004
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1921
Community & HOA
Community
- Features: Urban
- Subdivision: Not Applicable
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $326/sqft
- Tax assessed value: $40,788
- Annual tax amount: $1,771
- Date on market: 6/23/2025
- Cumulative days on market: 27 days
- Listing terms: Cash
- Tenant pays: Cable TV, Electricity, Gas
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