1119 North Heliotrope Drive

Los Angeles, CA 90029

$1,100,000
Price
4
Beds
2
Baths
2,216 Sq. Ft.
$496 / Sq. Ft.
2,216
Sq. Ft.
$496
per Sq. Ft.

Description

Great investment or development opportunity in Hollywood! This duplex is on a large 6752 sqft lot zoned LARD1.5 that is ideal for remodeling, adding on, or for redevelopment with 4 or more units with the TOC (Transit Oriented Community) overlay. The duplex features two side by side 2 bedroom units with historic charm and character. Cosmetic fixer with hardwood floors throughout with a wood burning fireplaces. Gated property with two separate garages ideal for an ADU conversion. Ideally located, close...Great investment or development opportunity in Hollywood! This duplex is on a large 6752 sqft lot zoned LARD1.5 that is ideal for remodeling, adding on, or for redevelopment with 4 or more units with the TOC (Transit Oriented Community) overlay. The duplex features two side by side 2 bedroom units with historic charm and character. Cosmetic fixer with hardwood floors throughout with a wood burning fireplaces. Gated property with two separate garages ideal for an ADU conversion. Ideally located, close to the Metro, Kaiser Hospital, Children's Hospital, LA Community College, and trendy Los Feliz shops and restaurants.
  1. Listed by Raaj Shankla • DRE #01721483 • Brokerage DRE #01313739 • Palm Realty Boutique Inc.

Property Details for 1119 North Heliotrope Drive

Zoning
LARD1.5
Style
Farm House
Parcel Number
5540026012
Total Units
2.0
Living Area
2216
Source Living Area
Vendor Enhanced
Area
Hollywood (C20)
Vacancy Rate
2
LISTING UPDATED: 12/17/2024 12:17 PM

Property Details for 1119 North Heliotrope Drive

StatusActive
MLS #24-460255
Days on Market56
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1918
Lot Size0.16 AC / 6,752 SF
CountyLos Angeles County

Building Information for 1119 North Heliotrope Drive

Stories1Residences-Year Built1918Building Size-Lot Size0.16 AC / 6,752 SF

Property Information for 1119 North Heliotrope Drive

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: 2
Contract Info
Contract Info
  • Disclosures: As Is, Trust/Conservatorship
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $64,800
  • Net Operating Income: $50,717.00
  • Gross Income: $64,800
  • Gross Rent Multiplier: $64,800.00
  • Total Annual Expense: 14083
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.155
  • Lot Size Square Feet: 6752
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car, Garage Is Detached, Carport Detached
  • Total Parking: 4
  • Covered Parking: 2
  • Garage Spaces Total: 2
  • Parking Features: Garage - Two Door, Detached Carport
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: One
  • Cooling: None
  • Cooling Type: None
  • Heating: Floor Furnace
  • Heating Type: Floor Furnace
  • Equipment: Gas Dryer Hookup, Range/Oven
  • Common Walls: Detached/No Common Walls
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-04-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,650.00
  • Assessed Improvement Percent: 0.51
  • Assessed Land Value: $323,263.00
  • Assessed Land Percent: 99.49
  • Assessed Total Value: $324,913.00

Property History for 1119 North Heliotrope Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1119 North Heliotrope Drive

Taxable ValueLand$329,728Additions$1,683Total$331,411
Tax Record2024$4,361 ($363 / month)
Home Facts
Total Finished SqFt2,216 SqFtAbove Grade Finished SqFt2,216 SqFtLot Size6,750 SqFtStyleDuplexYear Built1918ZoningLARD1.5CountyLOS ANGELESAPN5540-026-012

Schools near 1119 North Heliotrope Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ramona Elementary School
PublicK to 5

Thomas Starr King Middle School
Public6 to 8

STEM Academy at Bernstein High
Public9 to 12

Helen Bernstein High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1119 North Heliotrope Drive is a multi-family home for sale in Los Angeles, CA 90029. This property was listed for sale on November 4, 2024 by Palm Realty Boutique Inc., it's currently listed at $1,100,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Ramona Elementary School, Thomas Starr King Middle School and STEM Academy at Bernstein High. 1119 North Heliotrope Drive is a 4-bed, 2-bath, 2,216 sqft multi-family home built in 1918.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Palm Realty Boutique Inc., Raaj Shankla, DRE #01721483

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.