1229 S Indiana, Los Angeles, CA 90023

$480,000

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List Price
$480,000
Status
ACTIVE
MLS#
WS26182493
Year Built
1927
Lot Size
4,835
Acres
0.11
Lot Location
2-5 Units/Acre
Days on Market
1
Property Type
Single Family Residential
Property Sub Type
Single Family Residence

Property Description

Great investment opportunity in East Los Angeles! Two units on one lot. Front unit features 2 bedrooms and 1 bath; rear unit offers 1 bedroom and 1 bath. Both units are occupied by long-term tenants with a history of consistent rent payments, providing immediate rental income. Long driveway provides ample parking. R2 zoning may offer future development potential. Conveniently located near Downtown Los Angeles, Boyle Heights, and major freeways.

Additional Information

Pool Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$21,012
Operating Expense
5000

Listing courtesy of Listing Agent: JIEREN HUANG (setoben4@gmail.com) from Listing Office: Pinnacle Real Estate Group.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.