Listed By:
Juliet Tunyan with JohnHart Real Estate; 8183957321
Address
543 N Heliotrope Drive, Los Angeles, CA
Price
$ 2,177,000
Property Attributes
  • MLS#GD23056333
  • TypeMulti-Family
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid-Wilshire
  • Zip90004
  • StyleQuadruplex
  • Price$ 2,177,000
  • Bedrooms10
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage4808
  • Lot Size8,002 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

Attention all prime investors! This incredible quadruplex boasting 4 units is now available in the sought-after Mid-Wilshire area, R3 zoning. Each unit is assigned its own address, complete with a separate water heater, central AC unit and gas/electric meters . All units are equipped with a private laundry area for added convenience. This gated building offers ample parking in the front and back. The property sits on a large enough plot of land to accommodate 2 additional units at the back, potentially transforming the building into a 6 unit structure, or it can be developed for a larger, 5 stories 10-17 unit building. This amazing location provides easy access to schools, popular dining options, markets, freeway and metro.

Price History
4/6/2023 Listed $2,300,000
5/17/2023 3% - $2,250,000
6/27/2023 2% - $2,225,000
7/18/2023 1% - $2,222,000
2/8/2024 3% - $2,177,000

General Features

Sewer PublicSewer
Appliances WaterHeater
Zoning LAR3
Garage Spaces 0.0
Pool Features None
Year Built 1915
Property SubType Quadruplex
Gross Income 144000.0
Community Features Suburban
County Los Angeles
Net Operating Income 127000.0
Operating Expense 17000.0
Insurance Expense 3000.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Special Listing Conditions Standard
Status Active
Directions In between: Melrose Ave and Beverly Blvd
City Los Angeles
View Y/N No
Senior Community Y/N No
Total Units 4
MLS Area C17 - Mid-Wilshire
Lot Size Square Feet 8000.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Heliotrope
Property Attached Y/N Yes
Land Lease Y/N No
Home Warranty Y/N No
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 272
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 94
Virtual Tour https://youtu.be/Y3-I-6p_u0M
Property Sub Type Additional Quadruplex
Taxes 14000.0
MobileHomeRemainsYN No

Interior Features

Common Walls Item2CommonWalls
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Street Suffix Drive
Laundry Features SeeRemarks
Electric On Property Y/N No

Exterior Features

Parking Features Driveway,OnStreet
Lot Features Item01UnitAcre
Water Source Public
Total Parking 8.0
Inclusions Central AC and Heating
Lot Size Area 8000.0
Number of Buildings 1
Spa No
Building Area Total 4808.0
Lot Size Acres 0.1837
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 4
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 90004

Price
AVG $3.34M
$2.18M
Visits
AVG 61
88
Data Provided by Inside Real Estate®
Year Built
AVG 1948
1915