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831 N Heliotrope Dr, Los Angeles, CA, 90029

$1,800,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
10 Baths
4,116 SqFt
$437/SqFt
House

Location

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831 N Heliotrope Dr, Los Angeles$1,800,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDriveway
Year Built1921
MLS #24451451
Lot Size0.14 Acres
StatusActive

About 831 N Heliotrope Dr

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 Details

Property Features

Property Information:

  • Year Built: 1921
  • Stories: 0
  • Living Area: 4,116 SqFt

Listing Office:

  • Office Name: Lee & Associates Investments Services Group Inc
  • Office Phone: (213) 623-0800
  • Listing Agent: Alvin Scioneaux

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 12

Exterior Features

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Other

Directions Information:

  • Directions: North of US-101 and West of Vermont Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,800,000
  • Price Per SqFt: $437/SqFt

Tax Information:

  • Annual Amount: $6,329
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

831 N Heliotrope Dr vs Los Angeles

43 DAYS ON ROCKET

+5 Days

$1,800,000

+$776.5K More

$437/SqFt

-$204 Less

KEY TAKEAWAY

This property is $776.5K more than the Median Sold Price and $204/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24451451

Listing Office:

  • Office Name: Lee & Associates Investments Services Group Inc
  • Office Phone: (213) 623-0800
  • Listing Agent: Alvin Scioneaux

IDX 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: 11/22/2024, 8:20:55 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

Aug 31, 2021Home Sold
$1,500,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,329$492,058
2020$6,147$487,013
2019$6,004$477,464
2018$5,878$468,102
2017$5,878$458,925

History based on county public records data.

Payment Calculator

$9,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

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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.

Nearby Schools

school-card-donut-722388
4
/10

  • Lockwood Avenue Elementary

  • 4345 Lockwood Ave

  • 0.41 miles

  • Public District Grades KG-6

school-card-donut-722389
3
/10

  • Ramona Elementary

  • 1133 N Mariposa Ave

  • 0.42 miles

  • Public District Grades KG-6

school-card-donut-722390
7
/10

  • Dayton Heights Elementary School

  • 607 N Westmoreland Ave

  • 0.52 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,769. Typical income of Los Angeles, CA residents is less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 831 N Heliotrope Dr

What is the listing price of this property?

The listing price of 831 N Heliotrope Dr property is $1,800,000.

What type of property is this?

The property 831 N Heliotrope Dr is a house located in Los Angeles, California, 90029.

Is this property for sale now?

Active Listing: 831 N Heliotrope Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,329 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 31, 2021 for $1,500,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 831 N Heliotrope Dr has 12 bedrooms and 10 bathrooms.

What is the square footage of this property?

The property 831 N Heliotrope Dr is 4,116 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 831 N Heliotrope Dr is 1921.

Rocket Homes›California›Los Angeles County›Los Angeles›90029›831 N Heliotrope Dr

This home is located at 831 N Heliotrope Dr in Los Angeles, CA and zip code 90029 in the Central LA neighborhood. This 4,116 square foot home, which was built in 1921, sits on a 0.14 acre lot. Features: 12 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $1,800,000.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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