Listing provided courtesy of Alvin Scioneaux of Lee & Associates Investments Services Group Inc. Last updated 2024-11-23 09:11:38.000000. Listing information © 2024 CRMLS.
Asking Price: $1,800,000
831 Heliotrope, Los Angeles CA 90029
Community: C20 - Hollywood
Status: Active
This property was built in 1921 and is priced at $1,800,000. Please see the additional details below.
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.