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$775,000
650 S Indiana St, Los Angeles, CA 90023
5Beds
5Days Listed
About This Property
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!
Property Location
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 5
- Bathrooms
- 0
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 5
- Cumulative Days on Market
- 3
- Original Price
- $775,000
Location & Neighborhood
What's nearby 650 S Indiana St, Los Angeles, CA 90023
Nearby Schools
- Stevenson Middle School0.1 mi
elementary
- Spanish American Baptist Seminary0.2 mi
elementary
- Rowan Elementary School0.3 mi
elementary
Parks & Recreation
- Salazar Park0.3 mi
park
Transit Access
- Indiana & Hubbard52 yrd
Bus Stop
- Hubbard & Indiana81 yrd
Bus Stop
- Indiana & 6th0.1 mi
Bus Stop
- Hubbard & Ditman0.2 mi
Bus Stop
- Whittier & Indiana0.2 mi
Bus Stop
Local Amenities
POI data updated 3/12/2026
Los Angeles Market Snapshot
2,710
Active Listings
$749K
Median Price
100
Avg Days on Market
Last updated: Mar 12, 2026
Listed by
Alberto Sanchez, Century 21 Allstars · 323-326-0133
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$775,000