349 N INDIANA ST.
Los Angeles, CA 90063 · APN 5179-020-005
UNITS
2
BUILDING SF
1,516
SF / UNIT
758
YEAR BUILT
1910
BEDROOMS
3
BATHROOMS
2
USE · CODE 0200
DUPLEX
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PROP 13 ASSESSED VALUES, USUALLY WELL BELOW MARKET ON LONG-HELD BUILDINGS.
PRICE ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE, NOT A VERIFIED CLOSING PRICE.
LIKELY RSO, BASED ON BUILDING AGE
Built 1910 in the City of Los Angeles with 2 units. Multifamily inside city limits whose certificate of occupancy was issued on or before 1 October 1978 is generally under the Rent Stabilization Ordinance, which caps annual increases and restricts evictions to specific just causes. The roll carries a year built rather than that certificate date, so a building finished in late 1978 can fall either side of the line. This is an inference from the assessor roll, not LAHD's determination. Confirm the address with LAHD.
Estimated sales nearby.
SALE DATES ARE RECORDED TRANSFERS; THE NEWEST HERE IS DEC 30, 2024.
PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR), NOT VERIFIED CLOSING PRICES.
Buildings like this one.
ON N INDIANA ST · ZIP 90063
SIMILAR SIZE AND ERA IN 90063
The short answers.
Is 349 N Indiana St rent controlled?
Built 1910 in the City of Los Angeles with 2 units. Multifamily inside city limits whose certificate of occupancy was issued on or before 1 October 1978 is generally under the Rent Stabilization Ordinance, which caps annual increases and restricts evictions to specific just causes. The roll carries a year built rather than that certificate date, so a building finished in late 1978 can fall either side of the line. This is an inference from the assessor roll, not LAHD's determination. Confirm the address with LAHD. This is an inference from public assessor records, not a determination. Confirm the certificate of occupancy date with the LA Housing Department or ZIMAS before you rely on it for pricing or notices.
How many units does 349 N Indiana St have?
County records list 2 units at 349 N Indiana St, classified as duplex across 1,516 square feet of building area, averaging about 758 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.
When was 349 N Indiana St built?
The assessor roll gives a build year of 1910, which puts it in the stock old enough for the LA Rent Stabilization Ordinance to reach it, where the building sits inside City of Los Angeles limits. Age drives more than character here. It sets rent-cap exposure, seismic retrofit obligations, and what a lender will underwrite.
When did 349 N Indiana St last sell, and for how much?
The last recorded transfer was May 2021, at an estimated $388,051, about $194,026 per unit. That price is estimated from the Proposition 13 reassessment recorded at sale, not a verified closing price, so treat it as a close approximation rather than a confirmed figure.
What is 349 N Indiana St assessed at, and is that what it is worth?
The current assessed value is $420,039 ($295,803 land, $124,236 improvements). Assessed value is not market value. Under Proposition 13 it resets only on a change of ownership and then climbs about 2% a year, so a long-held building is often assessed far below what it would trade for.
How do I find out what 349 N Indiana St would sell for today?
Public records give you the frame, units, size, age, assessed value, and when it last traded, but pricing needs in-place rents, expenses, and the condition of the units, none of which appear in county data. A broker valuation puts closed comps and a rent survey against the actual rent roll. Shaya Lowenstein does that free for LA multifamily owners, typically within 48 hours, with no obligation to list.
Leave an email and I'll come back with what it is worth and whether the owner is likely to trade. It does not have to be for sale, and it does not have to be my listing.
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