545 S Indiana, Los Angeles, California 90063, Los Angeles, 90063 - 3 bed, 1 bath
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545 S Indiana
Los Angeles, California 90063
ACTIVE
CONDITION: FAIR
3Beds
1Baths
822Sq Ft
2,753Lot Size
Property Price
LIST PRICE$559,000
EST. MARKET VALUE
$573,970
SUMMARY
This mixed-use property presents a High-Potential Investment Opportunity, listed at $625,000—positioned slightly above the $619,916 Fair Market Value. While the price reflects current market stability, the asset offers significant upside through its dual-parcel configuration and mixed-use versatility. With a Condition Rating of 4, the 1922 structure requires modernization, providing a clear path for value-add repositioning. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage the East Los Angeles corridor for long-term income growth and portfolio diversification.
Estimated Market Value
$573,970
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 545 S Indiana Subject 3 bd · 1 ba · 822 sqft · $698 | $559,000* List Price | 3 | 1 | 822 | $698 | - |
A 3507 E 3rd Street Sold 3 bd · 1 ba · 878 sqft · $793 · 0.4 mi | $696,000 | 3 | 1 | 878 | $793 | 0.4 mi |
B 3868 E 1st Sold 2 bd · 1 ba · 608 sqft · $804 · 0.8 mi | $489,000 | 2 | 1 | 608 | $804 | 0.8 mi |
C 3878 E 1st Sold 2 bd · 1 ba · 846 sqft · $496 · 0.8 mi | $420,000 | 2 | 1 | 846 | $496 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1922, this mixed-use property is significantly aged but remains functional and occupied. While the commercial kitchen and residential laundry area show signs of mid-life updates (approximately 10-20 years old), the exterior stucco, exposed electrical systems, and auxiliary structures are dated and require modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Mixed-Use Versatility
The property offers unique flexibility as a residential/office space and can be purchased with the adjacent commercial lot, providing diversified income potential for investors or owner-users.
- Prime Central Location
Situated in a high-demand East Los Angeles corridor, the property benefits from excellent proximity to major transit routes, local businesses, and established residential neighborhoods.
- Value-Add Potential
With its 1922 construction and current configuration, the property presents a significant opportunity for repositioning or redevelopment to maximize its long-term growth and utility.
CONSRISKS & DEFICIENCIES
- Compact Living Area
With only 822 square feet allocated for a three-bedroom layout, the interior living space is exceptionally small, which may limit appeal for traditional residential buyers.
- Vintage Infrastructure
Originally built in 1922, the property likely requires substantial updates to its aging systems and structural elements to meet modern building codes and efficiency standards.
About 545 S Indiana
Rare opportunity to acquire two adjacent commercial properties being sold together or separately, each situated on separate parcels with individual APNs, offering flexibility and multiple use options. Combo sale pricing offered. 541 S Indiana St is currently operating as a restaurant, while 545 S Indiana St is utilized as residential/office space, creating a unique mixed-use investment with diversified income potential. Properties are owned by the same seller and present an ideal opportunity for an investor or owner-user seeking two buildings on two lots in a centrally located East Los Angeles corridor. Potential for continued use, repositioning, or value-add (buyer to verify zoning and permitted uses). Prime location with convenient access to major streets, surrounding residential neighborhoods, and local businesses. Strong opportunity for long-term growth and income in a high-demand area. youtube.com/watch?v=CTq8X8wKCRA&feature=youtu.be
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1922
- Lot Size
- 2,753 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Rowan Avenue Elementary School
Grades K-5 • 0.3 mi
5/10
Amanecer Primary Center
Grades K-2 • 0.5 mi
0/10
Lorena Street Elementary School
Grades K-5 • 0.6 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 822 | 1,670.836 |
| Lot Size | 2,753 | 6,152.156 |
| Price | $559.0K | $1.34M |
| Price per sq ft | $680 | $807 |
| Built year | 1922 | 1941 |
| HOA | $0 | $238 |
| Days on market | 39 | 56 |
Pricing History
Listed for Sale
Nov 2, 2026
$559,000
$625,000
-11% Price Drop
Initial Listing
Price Change
Oct 1, 2026
$625,000
Initial Listing
Sold
Dec 29, 2009
$315,000
Public Record