831 Heliotrope Drive
Los Angeles, CA 90029
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.
PROPERTY INFORMATION
MLS # | 24451451 | Lot Size | 6,251 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | N/A |
Price | $ 1,800,000
Price Per SqFt: $ 437 |
DOM | 206 Days |
Address | 831 Heliotrope Drive | Type | Residential Income |
City | Los Angeles | Sq.Ft. | 4,116 Sq. Ft. |
Postal Code | 90029 | Garage | N/A |
County | Los Angeles | Year Built | 1921 |
Bed / Bath | 12 / 0 | Parking | N/A |
Built In | 1921 | Status | Active |
INTERIOR FEATURES
Has Appliances | Yes |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,920
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
10/10/2024 | Listed | $1,800,000 |

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Listing provided courtesy of Alvin Scioneaux, Lee & Associates Investments Services Group Inc. 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.