650 S Indiana St
Bought with Sarah Sanchez with ROA California Inc and Listed by Alberto Sanchez CA DRE# 02028262 with Century 21 Allstars 323-326-0133
$780,000

650 S Indiana St

2,035 Sq.Ft. 7,941 Sq.Ft.

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!

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Location

650 S Indiana St, Los Angeles, CA 90023

Status

Sold

Date Sold

May 14, 2026

Property Amenities

Interior
Laundry room Washer Hookup, Gas Dryer Hookup, Laundry Room
Area & Lot
Total area 2,035 Sq.Ft.
Lot Area 7,941 Sq.Ft.
Living area 2,035 Sq.Ft.
MLS® ID DW26020297
Year Built 1922
Type Multi-Family
Status Sold
Exterior
Stories 1
Pool None
Water Source Public
Garage Space 2.0
Sewer Public Sewer
Lot Features 0-1 Unit/Acre
Finance
Sales Price $780,000

Work With Karina

Whether you’re buying your first home, selling a trust property, or navigating a probate sale, my goal is always the same: to provide honest guidance, strong advocacy, and a smooth experience from beginning to end. Real estate is about people, not just properties and I would be honored to help you take your next step.