1229 S Indiana St, Los Angeles, CA 90023
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1229 S Indiana St Los Angeles, CA 90023

$659,000
  • 6 Beds
  • 4 Baths
  • 1,128 Sq.Ft.
For Sale
$659,000 Get Pre-Qualified

Map preview of 1229 S Indiana St, Los Angeles, CA 90023

Property Overview: 1229 S Indiana St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 1,128 living square feet and 4,835 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 2 UNITS IN THE EAST OF LOS ANGELES. 2 BED/ 1 BATH AND 1BED 1 BATH IN UPGRADED CONDITIOIN. HAS A GARAGE IN THE BACK THAT IS BEING USED FOR STORAGE AT THIS TIME. LONG DRIVE WAY THAT CAN FIT UP TO 6 CARS. SOLD AS IS CONDITION. CASH OFFERS WELCOME , INVESTORS WELCOME. OWNEER DID UPGRADES : NEW PAINT OUTSIED, REMODELED 2 KITCHEN, , REPLACE 2 UNITS FLOORING, AND REMODLED THE BATHROOM IN THE FIRST UNIT .

Listed by JIE LUO | BRE #01862458 | RED DRAGON REALTY CORP.
Last checked: 8 minutes ago | Last updated: May 13th, 2024 | Source CRMLS | DOM: 10
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Home details

Lot Sq. Ft
4,835
HOA Dues
$0/mo
Year built
1927
Garage
--
Property Type:
Duplex
Status
Active
MLS#
WS24094421
City
Los Angeles
County
Los Angeles
Time on Site
10 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $24,000
  • Net Operating Income: $21,200
  • Gross Operating Income: --
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $2,800
  • Trash: $0
  • Insurance: $1,600
  • Water/Sewer: $1,200

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Property Details for 1229 S Indiana St

Interior Features
Cooling Information
  • Has Cooling
  • Zoned
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Kitchen
Room Information
  • Flooring: Laminate
  • All Bedrooms Down, Kitchen, Laundry
Kitchen Information
  • Has Appliances
  • Gas Water Heater
Interior Features
  • Quartz Counters
  • Window Features: Screens, Wood Frames
Exterior Features
Exterior Information
  • Roof: Shingle
  • Lighting
  • Has Fence
  • Chain Link
  • Other Structures: Storage
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway - Combination
Lot Information
  • Lot Features: Back Yard, Lawn
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5191029008
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is not Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: E Olympic Blvd & S Indiana St
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Street Lights
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Sale History for 1229 S Indiana St

Last sold on May 6th, 2015
  • May, 2024

  • May 9, 2024

    Date

    Active

    CRMLS: WS24094421

    $659,000

    Price

  • May, 2015

  • May 6, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1229 S Indiana St

Assessed Value (2020): $44,779
Year Land Value Improved Value Assessed Value
2020 $26,428 $18,351 $44,779

Home Value Compared to the Market

This property vs the competition

1229 S Indiana St is listed 47.28% lower than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $584.22 per/sqft which puts the price per square foot 24.81% lower than the median price per square foot for the city of Los Angeles.

About 1229 S Indiana St

Detailed summary of property

1229 S Indiana St is a duplex located in Los Angeles, CA 90023 and is currently for sale. This duplex offers 6 bedrooms, 4 bathrooms, roughly 1,128 living square feet, and sits on an approximately 4,835 square foot lot. 1229 S Indiana St was first listed on ArdentRealEstateGroup.com on May 10, 2024. The homeowner is currently asking $659,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 47.28% lower than the median priced home. Local competing homes currently for sale include 3149 Fairmount St, 946 S Vancouver Ave and 1086 N Bonnie Beach Pl. While the average home in Los Angeles, CA is selling in 92 days, 1229 S Indiana St has a days on market of 10 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1229 S Indiana St Los Angeles, CA 90023 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1229 S Indiana St

Public county record property details
Beds
2
Baths
2
Year built
1927
Sq. Ft.
1,128
Lot Size
4,834
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
5191-029-008

The source for these homes facts are from public records.

90023 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,999
Median List Price/Sq.Ft.
$679
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$448
Total Inventory
19
Median Sale to List Price %
99.25%
Avg Days on Market
6
Loan Type
Conventional (0%), FHA (60%), VA (0%), Cash (20%), Other (0%)

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Related Resources to 1229 S Indiana St

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.