Income Home for Sale in Los Angeles, California

831 N Heliotrope Drive, Los Angeles, California 90029, US

$ 1,800,000
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Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 1,800,000
  • MLS ID: 24451451
  • Property Type: Income Home
  • WEB ID: PR03017685
  • Property Status: Active Under Contract
  • Lot Size: 6,251sqft
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California
  •  Income Home for Sale in Los Angeles, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 1,800,000
  • MLS ID: 24451451
  • Property Type: Income Home
  • WEB ID: PR03017685
  • Property Status: Active Under Contract
  • Lot Size: 6,251sqft
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.

Additional Features

  • Multi/Split
  • Parking spaces: 0.00
  • Listing Status: Active Under Contract
  • Listing Agent: Alvin Scioneaux (lic# 02204613) of Out of Area Board
  • Listing Office: Lee & Associates Investments Services Group Inc (lic# 01859073)
  • CO-Listing Agent: Philip Boroda (lic# 00822192) of Out of Area Board
  • CO-Listing Office: Coldwell Banker Realty (lic# 00616212)
  • Based on information from CRISNet MLS as of 18th December 2024 at 5:57pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Areas of expertise
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