521 N Heliotrope Dr, Los Angeles, CA 90004

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521 N Heliotrope Dr Los Angeles, CA 90004

$1,303,000 Sold Price as of 01/25/2022

7 Beds
5 Baths
4,149 Sq.Ft.

Sold

$1,303,000 Sold Price as of 01/25/2022 Refinance Your Mortgage

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Map preview of 521 N Heliotrope Dr, Los Angeles, CA 90004

Property Overview: 521 N Heliotrope Dr Los Angeles, CA has 7 bedrooms, 5 bathrooms, 4,149 living square feet and 7,998 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Major price reduction!!! Incredible opportunity for owner user/investor to own an old world charming 5-unit apartment building with a lot of character (4 units in front, 3+1 house in the back) and great upside potential. It could also be future development site. Currently there are a lot of new construction in the area. Centrally located with close proximity to DTLA, Metro Station,101 FWY, Hollywood, local cafes', shops and restaurants. Well maintained building with 4 good sized units (1+1, laundry in each unit, separate electric/gas). The back house is vacant and was just remodeled. Beautiful wooden front door leads to a very large living room and dining area. Open floor plan. Light and bright with a lot of windows. Amazing cook's kitchen with quartz countertops, beautiful self-closing custom cabinets and plenty of counter space, double-sink, laundry room off the kitchen with washer and dryer. 3 good sized bedrooms with beautiful hallway bathroom and large shower. Other features include brand new central air and heat, luxury vinyl floors, recessed lighting, smooth and high ceilings. Extra-large storage unit on the side of the house. Prime location.

Listed by Fariborz Nemani | BRE #01136018 | Coldwell Banker Realty

Last checked: 1 minute ago | Last updated: April 5th, 2022 | Source CRMLS | DOM: 202

Home details

Lot Sq. Ft: 7,998
HOA Dues: $0/mo
Year built: 1910
Garage: --
Property Type:: Apartment

Status: Sold
MLS#: SR21112634
City: Los Angeles
County: Los Angeles
Time on Site: 1073 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 5
Total # of Buildings: 2
# of Electric Meters: 5
# of Gas Meters: 5
# of Water Meters: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,200
Total Rent: $1,200

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,200
Total Rent: $1,200

Unit Breakdown 3

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $500
Total Rent: $500

Unit Breakdown 4

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $425
Total Rent: $425

Unit Breakdown 5

# of Units: 1
# of Beds: 3
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $3,500

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $0
Net Operating Income: $0
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $0
Electric: $0
Gas/Fuel: $0
New Taxes: $0
Trash: $0
Insurance: $0
Professional Management: $0
Water/Sewer: $0

Property Details for 521 N Heliotrope Dr

Interior Features

Laundry Information

Has Laundry
In Kitchen, Individual Room, Inside

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Lot Information

Lot Features: 0-1 Unit/Acre
Lot Size Source: Assessor
Common Interest: Community Apartment

Property Information

Common Walls: 2+ Common Walls
Total # of Units: 5
Parcel Number: 5520008006
Year Built Source: Assessor
Property is Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: West of Vermont Ave. / North of Rosewood Ave.

Neighborhood Information

Community Features: Sidewalks

View more facts & features

Local Los Angeles Agent

Sale History for 521 N Heliotrope Dr

Last leased for $3,500 on April 5th, 2022

April, 2022
Apr 5, 2022

Date

Leased

CRMLS: 22141639

$3,500

Price
Mar 29, 2022

Date

Active

CRMLS: 22141639

$3,495

Price
Listing provided courtesy of CRMLS

Located in Korea Town. Close to freeways, shopping and restaurants . Vermont and Melrose area, close to the Subway/Metro stop. Close to L.A.C.C. Great neighbourhood with a lot of new construction. This charming craftsman style house was just remodeled. It's the back house and vacant and part of the 4 unit apartment building in the front. Beautiful wooden front door leads you to a very large living and dining area. Amazing cook's kitchen with quartz countertops, double sink and self-closing custom cabinets. Laundry room off the kitchen with washer and dryer. Open floor plan. Very bright rooms with lots of windows. 3 good sized bedrooms. Beautiful hallway bathroom with large shower. Other features include; brand new central air and heat, recessed lighting, luxury vinyl floors, smooth and high ceilings. Extra large storage unit on the side of the house. Prime location.

Continue Reading
May, 2021
May 26, 2021

Date

Active

CRMLS: SR21112886

$3,500

Price
Listing provided courtesy of CRMLS

This charming craftsman style house was just remodeled. It's the back house and vacant and part of the 4 unit apartment building in the front. Beautiful wooden front door leads you to a very large living and dining area. Amazing cook's kitchen with quartz countertops, double sink and self-closing custom cabinets. Laundry room off the kitchen with washer and dryer. Open floor plan. Very bright rooms with lots of windows. 3 good sized bedrooms. Beautiful hallway bathroom with large shower. Other features include; brand new central air and heat, recessed lighting, luxury vinyl floors, smooth and high ceilings. Extra large storage unit on the side of the house. Prime location.

Continue Reading
May, 2021
May 26, 2021

Date

Active

CRMLS: SR21112634

$1,449,000

Price
August, 2020
Aug 26, 2020

Date

Sold

CRMLS: SR20095459

$1,090,000

Price
Jun 20, 2020

Date

Pending

CRMLS: SR20095459

$1,075,000

Price
May 20, 2020

Date

Active

CRMLS: SR20095459

$1,075,000

Price
Listing provided courtesy of CRMLS

Trust Sale. East Hollywood 5 unit apartment consisting of a 3+1 Craftsman style home and a 4 unit building in front. Zoned R3 on a 7,998 square foot lot. 5 parking spaces. Lots of upside potential. Centrally located close to LA City College, DTLA and Koreatown.

Continue Reading
August, 2020
Aug 25, 2020

Date

Sold (Public Records)

Public Records

$1,090,000

Price

Tax History for 521 N Heliotrope Dr

Assessed Value (2020): $1,028,529

Year	Land Value	Improved Value	Assessed Value
2020	$719,817	$308,712	$1,028,529

Home Value Compared to the Market

This property vs the competition

521 N Heliotrope Dr sold on January 25, 2022 for 13.36% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $325.14 per/sqft which puts the price per square foot 56.94% lower than the current median sale per square foot for the city of Los Angeles.

About 521 N Heliotrope Dr

Detailed summary of property

521 N Heliotrope Dr is a apartment that recently sold in Los Angeles, CA 90004. This apartment offered 7 bedrooms, 5 bathrooms, roughly 4,149 living square feet, and sits on an approximately 7,998 square foot lot. 521 N Heliotrope Dr was first listed on ArdentRealEstateGroup.com on May 26, 2021. The homeowner sold the property for $1,303,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 13.36% higher than the current median priced home. Local homes that are currently for sale include 810 N Hobart Blvd, 957 N Ardmore Ave and 3456 Plata St. While the average home in Los Angeles, CA is selling in 96 days, 521 N Heliotrope Dr has a days on market of 202 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 521 N Heliotrope Dr Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 521 N Heliotrope Dr

Public county record property details

Beds: 7
Baths: 5
Year built: 1910
Sq. Ft.: 4,149
Lot Size: 7,998
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 90
APN: 5520-008-006

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,388,000

Median List Price/Sq.Ft.

$810

Median Sold Price

$1,650,000

Median Sold Price/Sq.Ft.

$873

Total Inventory

Median Sale to List Price %

97.35%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (13.33%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.