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1520 Helen Drive
Los Angeles, CA 90063
Amazing Trophy Rental Property Opportunity with Commanding DTLA VIEWS and Stellar Income Producing Units at an Impressive 6% Cap Rate! Step inside this Remodeled Gated Electronically Controlled Multi-Unit Property with Breathtaking UNOBSTRUCTED Downtown Los Angeles City Views!! This Amazing Property Boasts a Detached Front House consisting of 3 Bedrooms, 2 Recently Updated Full Baths, Located on a Spacious Parcel/Compound that includes an Outdoor BBQ/Patio Area and a Separate Detached Updated Multi-Unit Dwelling for a Total of 3 Units! Embrace yourself and enjoy the Stunning Viewing Deck Entrance with Access to the Property's French Doors Leading into a Living Room/Dining Room/Chef's Kitchen Open Floor Plan that Enjoys the Dynamic Los Angeles Downtown Views! The Chef's Kitchen includes incredible Line of Sight with an Attractive Breakfast Bar and Stainless-Steel Appliances. Additional Notable Features include: Quartz Counter-tops, Remodeled Bathrooms, Newly Installed Floors, Washer/Dryer, Newly Installed Windows, Tankless Water Heater and Newly installed A/C/Heat! Also a Private Remote-Controlled Garage! The Private Detached Back House Duplex Dwelling Consists of a 2 Bedroom, 1 Bath House with a 1 Bedroom, 1 Bath lower unit. These units have been recently Remodeled with Newly Installed A/C/Heat, Newer Flooring, Newer Windows, Newly Designed Bath Areas, and Spacious Bedrooms! The Sunny and Bright Culinary Kitchens with Breakfast Eating Areas have Newly Installed Cabinetry, Stainless Steel Sinks, Granite Countertops, Newly Installed Appliances, Newly Installed Tankless Water Heaters, Washer & Dryer, Spacious Closets and Newly Installed Custom Fan/Light Fixtures. There is also convenient Access from the Chef's Kitchen to the Outside Patio Area that is Bamboo Wrapped and Designed for your Privacy Al-Fresco! Incredible Turn-Key Asset, Perfect for Owner-User Investor and/or Investor Exchange Opportunity!
PROPERTY INFORMATION
| MLS # | SB24103784 | Lot Size | 6,346 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Triplex |
| Price | $ 1,395,000
Price Per SqFt: $ 623 |
DOM | 373 Days |
| Address | 1520 Helen Drive | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 2,240 Sq. Ft. |
| Postal Code | 90063 | Garage | 1 |
| County | Los Angeles | Year Built | 1925 |
| Bed / Bath | 6 / 0 | Parking | 1 |
| Built In | 1925 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | See Remarks |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Heating | Yes |
| Heating Information | See Remarks |
| Has Cooling | Yes |
| Cooling Information | See Remarks |
| EntryLocation | Front |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,488
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 07/12/2024 | Relisted | $1,395,000 |
| 05/23/2024 | Listed | $1,395,000 |
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Listing provided courtesy of Tim Lesser, Keller Williams Luxury. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
