East Hollywood Multifamily Investment
For Sale
$1,800,000
831 N Heliotrope Dr, Los Angeles, CA 90029
Renovated 8-unit multifamily property in desirable East Hollywood location.
Property SizeContact for details
Days on Market172
Property Features for 831 N Heliotrope Dr
General Information
Standard status
Active
Property subtype
Multifamily
Building Details
Year Built
1921
Listing Agency:
Lee & Associates Los Angeles - Investment Services Group, Inc
(213) 623-0800
Listed By:
Matthew Sullivan · License #00848427
Source:
Lee-associates
Added: Mar 6
Changed: Jul 6
Last Checked: Aug 25 at 5:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates Los Angeles - Investment Services Group, Inc
Investment Insights
Based on property information with market context.
Located in the East Hollywood neighborhood of Los Angeles, 831 N Heliotrope Drive is an 8-unit multifamily property. Originally constructed in 1921 as a 4-unit building, it has been renovated to include 8 units. The renovations converted the two original ground floor units into four units, and the covered garage spaces into two units. The unit mix includes two studio units, two 1-bedroom + den units, and four 2-bedroom units. Onsite laundry facilities are present but do not meet code requirements. Two of the eight units are currently occupied. The property is located in close proximity to shopping, dining, and entertainment venues, and is within walking distance of the Hollywood and Vine Metro station, grocery and convenience stores. It is located directly across the street from Los Angeles City College. The property has easy access to the 101 Freeway and is near retail and restaurant amenities. The location has a Walk Score of 87.
Key Highlights
- Desirable East Hollywood Location
- Renovated Furnished Units
- Walking Distance to Metro Line Stop
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,339
Businesses Nearby
Explore this area
Business Placement
Demographics for 90029, CA
34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated 8-unit multifamily property in desirable East Hollywood location.
Where is this apartment building located?
The property is located at 831 N Heliotrope Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Desirable East Hollywood Location; Renovated Furnished Units; Walking Distance to Metro Line Stop
