831 N Heliotrope Dr Los Angeles, CA 90029
East Hollywood NeighborhoodEstimated payment $11,077/month
About This Home
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.
Listing Agent
Lee & Associates Investments Services Group Inc License #02204613 Listed on: 09/07/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1921
Lot Details
- 6,251 Sq Ft Lot
Parking
- Driveway
Home Design
- 4,116 Sq Ft Home
- Split Level Home
Bedrooms and Bathrooms
- 12 Bedrooms
- 10 Bathrooms
Community Details
- 2 Buildings
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 5538-017-024
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19,309 | $1,591,200 | $1,113,840 | $477,360 |
| 2024 | $19,309 | $1,560,600 | $1,040,400 | $520,200 |
| 2023 | $18,937 | $1,530,000 | $1,020,000 | $510,000 |
| 2022 | $18,060 | $1,500,000 | $1,000,000 | $500,000 |
| 2021 | $6,329 | $492,058 | $388,937 | $103,121 |
| 2020 | $6,386 | $487,013 | $384,949 | $102,064 |
| 2019 | $6,148 | $477,464 | $377,401 | $100,063 |
| 2018 | $6,005 | $468,102 | $370,001 | $98,101 |
| 2016 | $5,703 | $449,928 | $355,635 | $94,293 |
| 2015 | $5,623 | $443,171 | $350,294 | $92,877 |
| 2014 | $5,666 | $434,491 | $343,433 | $91,058 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/08/2025 09/08/25 | For Sale | $1,800,000 | 0.0% | $437 / Sq Ft | |
| 11/21/2024 11/21/24 | Pending | -- | -- | -- | |
| 10/10/2024 10/10/24 | For Sale | $1,800,000 | +20.0% | $437 / Sq Ft | |
| 08/31/2021 08/31/21 | Sold | $1,500,000 | +22.4% | $364 / Sq Ft | View Prior Sale |
| 07/27/2021 07/27/21 | Pending | -- | -- | -- | |
| 07/12/2021 07/12/21 | For Sale | $1,225,000 | -- | $298 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Trustee Deed | $2,969,649 | Lawyers Title | |
| Trustee Deed | $2,969,649 | Lawyers Title | |
| Trustee Deed | $2,969,649 | Lawyers Title | |
| Trustee Deed | $2,969,649 | Lawyers Title | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: The MLS
MLS Number: 24-451451
APN: 5538-017-024
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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