1259 S Alma, Los Angeles, California 90023, Los Angeles, 90023 - 2 bed, 1 bath

1259 S Alma, Los Angeles, California 90023 home-pic-0

1259 S Alma

Los Angeles, California 90023

ACTIVE
CONDITION: POOR
2Beds
1Baths
620Sq Ft
5,111Lot Size

Property Price

LIST PRICE$499,000
EST. MARKET VALUE
$491,303

SUMMARY

Estimated Market Value

$491,303
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1924, this property is explicitly described as needing 'extensive systems work' and 'must be updated.' The images reveal a severely outdated kitchen with worn cabinets, old appliances, and damaged linoleum flooring. General interior photos show worn flooring, basic old light fixtures, and only a partial, modern cooling solution (mini-split in one room). While 'appears livable,' the significant age and stated need for extensive system overhauls place it firmly in the 'poor' category, requiring substantial repairs and rehabilitation beyond minor updates.

PROSSTRENGTHS & OPPORTUNITIES

  • High Investment & Development Potential

    Explicitly marketed as an 'investor's delight' with significant potential for adding 1-2 ADUs or an apartment building, subject to city permits, offering substantial future value.

  • Generous Lot Size

    A 5,111 sqft lot in Los Angeles provides ample space for expansion, additional units, or landscaping, directly supporting development goals.

  • Strategic Urban Location

    Situated on a residential street in Los Angeles (Boyle Heights), offering proximity to businesses and public transportation, enhancing desirability and rental potential.

CONSRISKS & DEFICIENCIES

  • Significant Renovation Required

    The property 'must be updated and extensive systems work needed,' indicating a substantial investment in time and capital for modernization and repairs.

  • Advanced Age of Structure

    Built in 1924, the home likely has outdated infrastructure and systems, increasing the complexity and cost of renovations.

  • Limited Current Living Space

    With only 620 sqft, the existing home is quite small, which may necessitate expansion or complete redevelopment to meet contemporary living standards or maximize rental income.

About 1259 S Alma

An Investors delight, come remodel and add 1-2 ADUs or apartment building (check with city for possible permits). Smaller Home built in 1924, situated on a great lot. The home appears livable but must be updated and extensive systems work needed. There are fruit trees and lovely manicured garden that surround this home. Long driveway in a gated yard. Street is all residential with businesses and transportation nearby.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1924
Lot Size
5,111 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
33%
Baths1.01.0
50%
Square foot6201,040
5%
Lot Size5,1115,006
52%
Price$499.0K$624.0K
24%
Price per sq ft$805$543
90%
Built year19241922
62%
HOA$0$0
50%
Days on market29200
5%

Pricing History

Listed for Sale

Feb 5, 2026

$499,000

Initial Listing

Browse Properties by State Browse housing market trends by state