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1129 N Alma, Los Angeles, California 90063, Los Angeles, 90063 - 3 bed, 2 bath

1129 N Alma, Los Angeles, California 90063 home-pic-0
ACTIVE$560,000
1129 N Alma, Los Angeles, California 90063
3Beds
2Baths
792Sqft
6,152Lot
Year Built
1925
Close
-
List price
$560K
Original List price
$560K
Price/Sqft
$707
HOA
-
Days on market
-
Sold On
-
MLS number
WS25272996
Home ConditionFair
Features
Good View: City Lights
ViewCity Lights

About this home

Great Deal:The estimated price is 8% above the list price. We found 3 Cons,5 Pros. Rank: price - $560.0K(31th), sqft - 792(14th), beds - 3(50th), baths - 2(50th).

Unique property very close to downtown. The basement of the house has 2 bedrooms one bath and laundry room, which is currently being rented for extra income. The house is move in ready. There is a garage in the back which needs some TLC, that can offer private parking to the narrow street. There is access to the property through the back yard. The back yard is flat and large with many fruit trees, (fig, apple, nectarines, lemon). The main house has 2 bedrooms one bath and a laundry room, and a great view to downtown. The front of the house has two gated entrances, one to the main house and the other straight to the basement and back yard. There is also a separate entrance to an additional basement, which can give access to underneath the property which is cemented. There are properties being upgraded and built up in the area. The property is close to the freeways, especially the 10 freeway.

Price History

Date
Event
Price
12/08/25
Listing
$560,000
02/25/16
Sold
$337,000
07/31/03
Sold
$163,500
12/20/99
Sold
$116,500
04/30/99
Sold
$76,000
Condition Rating
Fair
Built in 1925, this property has received recent cosmetic updates, including new laminate flooring and fresh paint, making it 'move-in ready' as described. The bathroom appears clean with a newer vanity, but the tile work and fixtures are basic and somewhat dated. A significant drawback is the absence of kitchen photos, strongly suggesting it is outdated and not a selling feature. The visible wall-mounted AC unit indicates an older, less efficient cooling/heating system, not a modern central HVAC. While some areas have been refreshed, the property's age and the limited scope of renovations mean major systems and the kitchen likely remain outdated, requiring substantial updates to meet current quality standards. The garage also needs 'TLC,' and the basement access is rough. Overall, it's functional but shows its age and requires further investment beyond the superficial updates.
Pros & Cons

Pros

Income-Generating Basement Unit: The property includes a 2-bedroom, 1-bath basement unit with laundry, currently rented, offering immediate rental income and flexible living arrangements.
Prime Urban Location: Strategically located very close to Downtown Los Angeles with excellent access to major freeways, enhancing commute and accessibility.
Neighborhood Appreciation Potential: Situated in an area undergoing significant upgrades and new construction, indicating strong potential for future property value appreciation.
Expansive & Productive Backyard: Offers a large, flat backyard adorned with various fruit trees (fig, apple, nectarine, lemon), providing a private and appealing outdoor space.
Desirable Downtown Views: The main house boasts a great view of the downtown skyline, adding significant aesthetic and market appeal.

Cons

Garage Condition & Parking Constraints: The rear garage requires significant 'TLC' and is crucial for private parking given the narrow street, posing an immediate investment need.
Compact Main House Footprint: The listed 792 sqft for the main house is relatively small, which might limit living space perception for some buyers, despite the additional basement unit.
Historic Property Maintenance: Built in 1925, the property may entail higher maintenance costs or require updates to systems and finishes typical of older homes.

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