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 Details
Property Features
Property Information:
Year Built: 1925
Stories: 2
Listing Office:
Office Name: Keller Williams Luxury
Office Phone: (310) 877-9727
Listing Agent: Tim Lesser
Interior Features
Interior Information:
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 1 space
Parking: Electric Gate
Lot Features
Lot Information:
Lot Size: 0.15 Acres
Utilities
Utilities Information:
Heating: Other
Cooling: Other
Other
Directions Information:
Directions: City Terrace Dr Left on Helen Dr
Price Information
Listing Price Info
Price Summary:
List Price: $1,395,000
Tax Information:
Annual Amount: $7,568
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $371.5K more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SB24103784
Listing Office:
Office Name: Keller Williams Luxury
Office Phone: (310) 877-9727
Listing Agent: Tim Lesser
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Feb 04, 2003
Feb 04, 2003Home Sold
$269,000
Feb 04, 2003
Feb 04, 2003Home Sold
$269,000
Sep 16, 2002
Sep 16, 2002Home Sold
$160,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$7,568
$521,529
2020
$7,352
$516,183
2019
$7,226
$506,063
2018
$7,093
$496,141
2017
$7,093
$486,414
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
City Terrace Elementary School
4350 City Terrace Dr
Distance between this listing and this school0.08 miles
Public District Grades KG-5
5
/10
Robert F. Kennedy Elementary
4010 Ramboz Dr
Distance between this listing and this school0.52 miles
Public District Grades KG-6
4
/10
William R. Anton Elementary
831 N Bonnie Beach Pl
Distance between this listing and this school1.01 miles
Public District Grades KG-6
Nearby Schools
8
/10
Monterey Highlands Elementary School
400 Casuda Canyon Dr
Distance between this listing and this school0.92 miles
Public District Grades KG-8
6
/10
Brooklyn Avenue School
4620 Cesar Chavez Ave
Distance between this listing and this school1.26 miles
Public District Grades KG-8
9
/10
Brightwood Elementary School
1701 Brightwood St
Distance between this listing and this school1.34 miles
Public District Grades KG-8
Nearby Schools
9
/10
Alliance Marc & Eva Stern Math and Science
5151 State University Dr Lot 2
Distance between this listing and this school0.39 miles
Public Charter Grades 9-12
8
/10
Los Angeles High School for the Arts
5151 State University Dr
Distance between this listing and this school0.81 miles
Public District Grades 9-12
5
/10
Esteban Torres High School - East Los Angeles Renaissance Academy
4211 Dozier St
Distance between this listing and this school1.15 miles
The neighbors living near this home have an average income of $42,911. The most common annual income of people living in Los Angeles, CA is less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 1520 Helen Dr in Los Angeles, CA and zip code 90063 in the The Eastside neighborhood. This home, which was built in 1925, sits on a 0.15 acre lot. It has been listed on Rocket Homes since May 24, 2024 and is currently priced at $1,395,000.
Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.
From Rocket Homes Real Estate and based on county public records data.