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Los Angeles, CA 90004 543 N Heliotrope Drive

$2,150,000

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Presented By: Juliet Tunyan with JohnHart Real Estate; 8183957321
  • MLS# GD23056333
  • 04/06/2023
  • Request Tour
  • Request Info
  • BedBeds • 10
  • BathBaths • 5
  • FootageSQFT • 4,808

Home Details

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.
Presented By: Juliet Tunyan with JohnHart Real Estate; 8183957321

Interior Features for 543 N Heliotrope Drive

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesSeeRemarks
Street SuffixDrive

General for 543 N Heliotrope Drive

Additional Parcels Y/NNo
AppliancesWaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesSuburban
CountyLos Angeles
Days on Market305
DirectionsIn between: Melrose Ave and Beverly Blvd
Garage Spaces0.0
Garage Y/NNo
Gross Income144000.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense3000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Conventional
Lot Size Square Feet8000.0
MLS AreaC17 - Mid-Wilshire
MobileHomeRemainsYNNo
Net Operating Income127000.0
New ConstructionNo
Operating Expense17000.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameHeliotrope
Tax Lot94
Taxes$14,000
Total Units4
Trash Expense0.0
View Y/NNo
Virtual TourClick here
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1915
Year Built SourceAssessor
ZoningLAR3

Exterior for 543 N Heliotrope Drive

Building Area Total4808.0
Crops Included Y/NNo
Horse Y/NNo
InclusionsCentral AC and Heating
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.1837
Lot Size Area8000.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Open Parking Y/NNo
Parking FeaturesDriveway, OnStreet
SpaNo
Total Parking8.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,150,000
MLS#GD23056333
List Date 04/06/2023
Property Type Multi-Family
Phone 714.964.3311
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Request Info
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors