1229 S Indiana St Los Angeles, CA 90023
Boyle Heights NeighborhoodEstimated payment $3,007/month
Highlights
- No HOA
- Laundry Room
- 1-Story Property
- Park
About This Home
Great investment opportunity in East Los Angeles! Two upgraded units on one lot. Front unit 2 bed/1 bath, back unit 1 bed/1 bath. Long driveway fits up to 6 cars plus detached garage currently used for storage. LAR2 zoning offers future development possibilities. Convenient location near Downtown LA, Boyle Heights, and major freeways.
Listing Agent
Pinnacle Real Estate Group Brokerage Phone: 626-493-1937 License #02131376 Listed on: 10/22/2025
Co-Listing Agent, Showing Contact
Pinnacle Real Estate Group Brokerage Phone: 626-493-1937 License #02243896
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1927
Lot Details
- 4,835 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 1 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,128 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- Unit 1 Bathroom: 0
- Unit 2 Bathroom: 0
Listing and Financial Details
- Tax Lot 8
- Tax Tract Number 3840
- Assessor Parcel Number 5191029008
- $257 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Recreation
- Park
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,300
- Operating Expense $1,300
- Gross Income $19,120
- Net Operating Income $19,120
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $833 | $571,200 | $408,000 | $163,200 |
| 2024 | $833 | $48,008 | $28,334 | $19,674 |
| 2023 | $821 | $47,068 | $27,779 | $19,289 |
| 2022 | $789 | $46,146 | $27,235 | $18,911 |
| 2021 | $775 | $45,242 | $26,701 | $18,541 |
| 2020 | $777 | $44,779 | $26,428 | $18,351 |
| 2019 | $756 | $43,902 | $25,910 | $17,992 |
| 2018 | $663 | $43,042 | $25,402 | $17,640 |
| 2016 | $620 | $41,372 | $24,416 | $16,956 |
| 2015 | $613 | $40,752 | $24,050 | $16,702 |
| 2014 | -- | $39,954 | $23,579 | $16,375 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/22/2025 10/22/25 | For Sale | $559,000 | -- | $496 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $350,000 | Orange Coast Title Company | |
| Deed | -- | None Listed On Document | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $250,000 | Construction |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS25242496
APN: 5191-029-008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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