2248 N Indiana Avenue, Los Angeles, California 90032, Los Angeles, 90032 - 2 bed, 2 bath
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Los Angeles, California 90032
Analysis of 2248 N Indiana Avenue, Los Angeles, California 90032 is currently available with a list price of $749,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1953, this property is explicitly marketed as a 'flipper' opportunity that 'needs work' and likely requires cash-only financing. Exterior images show significant deferred maintenance, overgrown landscaping, and visible structural cracking in the retaining walls. The lack of interior photos and the probate sale status suggest the home requires substantial rehabilitation to meet modern living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18077, living area = 1491.
Situated in the desirable El Sereno neighborhood, the property offers excellent proximity to Downtown Los Angeles and major freeways, making it highly attractive for commuters and urban professionals.
Boasting a substantial 18,077 square foot lot, this property provides significant potential for expansion, creative landscaping, or the addition of Accessory Dwelling Units (ADUs) to maximize value.
The property is in need of extensive repairs and updates, requiring a substantial additional capital investment to bring the structure to modern living standards.
Due to its current condition, the sale likely requires a cash-only purchase, which significantly limits the buyer pool by excluding those relying on traditional mortgage financing.
This is a Probate/Trust sale. No court confirmation needed. Over 1400 sq ft of living area. Property is in a very nice area of El Sereno. Close to downtown and the freeways. Needs work. Ideal for a flipper to make some money. Will probably require cash only. Lender may loan on it.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,491 | 1,230.5 | 71% |
| Lot Size | 18,077 | 5,427.5 | 99% |
| Price | $749.0K | $862.5K | 28% |
| Price per sq ft | $502 | $690 | 14% |
| Built year | 1953 | 1942 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 177 | 1% |
Apr 7, 2026
$749,000
Initial Listing