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427 N Heliotrope Dr
Los Angeles, CA 90004
Prime Korea Town - Market Rate - CAP 5.39% · Multifamily Property For Sale · 4 Units

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.14 AC
Building Size 5,911 SF
Average Occupancy 0%
No. Stories 3
Year Built 2018
Parking Ratio 1.35/1,000 SF
Zoning LAR3

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Views
  • Walk-In Closets
  • Dining Room

Site Amenities

  • Controlled Access
  • Gated

About 427 N HELIOTROPE DR , LOS ANGELES, CA 90004

TWO UNITS RENTED WITH APPLICATIONS IN ON OTHER UNITS. See offering package for actual rents. 5.39 CAP. Four (4) brand new turnkey residences in prime Hollywood/Korea Town. The income property consists of a mix of 2 and 3 bedrooms + 2.5 and 3.5 bathrooms with direct entry to private two car garage all with an elegant and modern townhouse design. Each home features bright and open floor plans that include contemporary kitchens for open new age living with stone countertops and stainless steel highend appliances. The beautiful engineered wooden floors grace the interiors of each home. The modern finishes, paint, and lots of windows welcome loads of natural light; highlighting the living spaces. Additional features include hotel-like bathrooms, dual glazed windows, central heat and air and washer/dryer hook ups in each unit. 2 parking spaces per unit in secure gated garage. These four(4) homes were built as an income producing property with each unit individually metered for water, gas, electric, & including the communal areas benefiting both tenant and landlord. Centrally located just blocks away from trendy restaurants, shopping, and the Hollywood Freeway which provides an easy connection to Downtown LA. Just four blocks away from the metro red line. An amazing location for tenants and geographically situated to benefit from continued area growth and rental increases. A Must See!

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 3 $3,100 1,205
3+4 1 $4,200 2,071

Property Taxes

Property Taxes

Parcel Number
5520-016-013
Land Assessment
$1,896,380
Improvements Assessment
$669,309
Total Assessment
$2,565,689
  • Listing ID: 12424907

  • Date on Market: 5/1/2018

  • Last Updated:

  • Address: 427 N Heliotrope Dr, Los Angeles, CA 90004

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