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$ 775,000
Est. payment /mo
Pending
650 S Indiana St Los Angeles, CA 90023
7,940 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID DW26020297
HOA Y/N No
Year Built 1922
Lot Size 7,940 Sqft
Property Sub-Type Triplex
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!
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!
Location
State CA
County Los Angeles
Area 677 - Lincoln Hts
Interior
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup, Laundry Room
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Hiking, Park, Street Lights
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5238013039
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Conventional, 1031 Exchange, FHA
Special Listing Condition Standard
Listed by Alberto Sanchez Century 21 Allstars 323-326-0133, DRE #02028262