$775,000

650 S Indiana St, Los Angeles, CA 90023

  • 5 beds
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon7,941sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Excellent opportunity to own a versatile three-unit property on a large nearly 8,000 sq ft lot in the centrally located Boyle Heights / East Los Angeles neighborhood. The property features two front units, each offering 1 bedroom and 1 bathroom, along with a separate 3-bedroom, 1-bath home in the rear, creating a great opportunity for an owner-occupant to live in one unit while generating rental income from the others. The rear home includes a bonus office room, private laundry room, and its own private backyard, providing additional comfort and flexibility. The property also features a detached two-car garage, which may offer ADU conversion potential, creating the possibility of adding a fourth unit for additional rental income (buyer to verify). Situated on a spacious lot with ample parking, this property offers both immediate income and future upside. Conveniently located minutes from Downtown Los Angeles, the Arts District, and major freeways, making it an attractive location for tenants and commuters alike. Whether you're an investor looking to add value or a buyer seeking to live in one unit while building long-term wealth through real estate, this property offers excellent potential in a prime central Los Angeles location!

Listing Status:
Active
Date Added:
March 10, 2026
Data Last Updated:
March 13, 2026 at 8:13PM
Listing Office:
Century 21 Allstars : 562-863-2121
Listing Agent:
Alberto Sanchez : 323-326-0133
MLS ID:
DW26020297
  • Pool: N/K
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: Public Rec5238013039
  • Source: California Regional MLS

This listing courtesy of Alberto Sanchez , Century 21 Allstars

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Rowan Avenue Elementary School

600 S Rowan Ave, Los Angeles, CA, 90023

Grades KG-5

0.30 miles away

S

Stevenson Middle School

725 S Indiana St, Los Angeles, CA, 90023

Grades 6-8

0.07 miles away

R

Ramona Opportunity High School

231 S Alma Ave, Los Angeles, CA, 90063

Grades 7-12

0.49 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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