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831 N Heliotrope DriveLos Angeles, CA 90029

For Sale

$1,800,000

Smart Buyer Rebate $18,000

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 renovated units are a mixture of (4) 2 bedroom units. There are 4 additional non-conforming remodels. All but two of the units are furnished and vacant, ready for a new owner to come and work their magic.

Listed by Alvin Scioneaux

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License #02204613

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Lee & Associates Investments Services Group Inc

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213-623-0800

Listed by Philip Boroda

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License #00822192

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Lee & Associates Investments Services Group Inc

Last updated October 18, 2025

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Source: CRMLS #24451451

Listing Facts

  • TypeMulti-family
  • NeighborhoodEast Hollywood
  • Bedrooms12
  • Days on Prevu377
  • Size4,116 sqft
  • Price per sqft$437

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/17/2025
Status changed to Active
$1,800,000
10/16/2025
Status changed to Removed from Feed
$1,800,000
10/04/2025
Status changed to Active
$1,800,000
10/03/2025
Status changed to Removed from Feed
$1,800,000
09/20/2025
Status changed to Active
$1,800,000
09/19/2025
Status changed to Removed from Feed
$1,800,000
09/08/2025
Status changed to Active
$1,800,000
09/07/2025
Status changed to Removed from Feed
$1,800,000
08/03/2025
Status changed to In Contract
$1,800,000
04/02/2025
Status changed to In Contract
$1,800,000
11/28/2024
Status changed to In Contract
$1,800,000
10/10/2024
Listed by Lee & Associates Investments Services Group Inc
$1,800,000

Property Details for 831 N Heliotrope Drive

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Year Built: 1921
  • Common Walls: 1 Common Wall

Measurements

  • Building Area Total: 4,116
  • Lot Size Acres: 0.14
  • Lot Size Area: 6,251
  • Lot Size Square Feet: 6,251
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.7
  • Gross Income: $168,000.00

Taxes

  • Parcel Number: 5538017024

Interior

Measurements

  • Living Area: 4,116

Rooms

  • Bathrooms Total Integer: 10
  • Bedrooms Total: 12

Parking

Parking

  • Parking Features: Driveway

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.