$1,800,000
 $9,663 est/mo Sourced by Back At You

831 N Heliotrope Drive , Los Angeles, CA 90029

Los Angeles, CA 90029

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Description

GREAT INVESTMENT OPPORTUNITY! This REO multifamily is located in the East Hollywood neighborhood of Los Angeles. The property has renovated furnished units while being walking distance from the Metro Line across from LA City College. There is also easy 101 Freeway access for travel. Originally built in 1921 as a 4-unit multi-family structure, the building has undergone renovations (without city permits) that added 4 additional units, bringing the total to 8 units. The two original ground floor units have been converted into four units, while the covered garage spaces have been converted into two units. The renovated units are a mixture of (2) studio, (2) 1 bedroom + den, and (4) 2 bedroom units. 75% of the units are furnished and vacant, ready for a new owner to come and work their magic.

Details

MLS#24451451
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1921
Days On Site24
Listing Provided ByLee & Associates Investments Services Group Inc 213-623-0800 | Alvin Scioneaux

Features

Bed(s)12
Bath(s)10
SQ Feet4,116
Units8
Building(s)2
ZoningLARD1.5
Acreage0.14

Market Activity 90029

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 9 minutes ago
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90029
AreaC20 Hollywood
Listing VS Median (in 90029)
Price:
$1,800,000
low | high
Med:
$1,837,250
47.930555555556% of Average
SqFt:
4,116
low | high
Med:
3,644
61.467444120505% of Average
$ / SqFt:
$437
low | high
Med:
$504
34.683610809834% of Average
On Site:
24
low | high
Med:
134.000000
17.910447761194% of Average
Sourced by Back At You
Listing Updated: October 30, 2024 at 12:46:15 AM PDT
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