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Property 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.

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Additional Information
Lee & Associates Investments Services Group Inc
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CLW-C141257
CLW-X83602
Alvin
5538017024
: Real Estate Owned
Multi/Split
32

Multi-Family For Sale

831 Heliotrope Drive, Los Angeles, California 90029

4,116 Sqft
$1,800,000
Listing ID #24451451
Basic Details
Status : Active
DaysOnMarket : 19
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24451451
Price : $1,800,000
Living Area : 4,116 Sqft
Lot Size : 6,251 Sqft
Year Built : 1921
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90029
Price Per Square Foot : $437
ModificationTimestamp : 2024-10-29 14:07:05
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