543 North Heliotrope Drive

Los Angeles, CA 90004

$2,150,000
Price
10
Beds
5
Baths
4,808 Sq. Ft.
$447 / Sq. Ft.
4,808
Sq. Ft.
$447
per Sq. Ft.

Description

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...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.
  1. Listed by Juliet Tunyan • DRE #01932679 • Brokerage DRE #01873088 • JohnHart Real Estate • 8183957321

Property Details for 543 North Heliotrope Drive

Parking Spaces Total
8
Private Pool
No
Total Units
4.0
Lot Size Source
Assessor
Property Attached YN
true
Common Walls
2+ Common Walls
New Construction
No
Average Studio Area Units
Square Feet

Location

Listing Courtesy of JohnHart Real Estate, Juliet Tunyan, DRE #01932679
Add your commute
LISTING UPDATED: 03/12/2024 07:04 AM

Property Details for 543 North Heliotrope Drive

StatusActive
MLS #GD23056333
Days on Market355
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1915
Lot Size0.18 AC / 8,000 SF
CountyLos Angeles County

Location

Listing Courtesy of JohnHart Real Estate, Juliet Tunyan, DRE #01932679
Add your commute

Virtual Tour

Building Information for 543 North Heliotrope Drive

Stories-Residences-Year Built1915Building Size-Lot Size0.18 AC / 8,000 SF

Payment Calculator

$12,657 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,733

Property Taxes

$924

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 543 North Heliotrope Drive

Income / Expense / Tax Details
Income Details
  • Gross Income: $144,000
  • Gross Scheduled Income: $144,000
  • Net Operating Income: $127,000
Expense Details
  • Operating Expense: $17,000
  • New Taxes Expense: $14,000
  • Insurance Expense: $3,000
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $17,000
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Census Tract: 1926.10
  • CFD/Mello-Roos Fee: $731
  • Tax Lot: 94
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Appliances: Water Heater
  • Laundry: Yes
Exterior Features
  • Pool Features: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Land Lease: No
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Features: Driveway, Street
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2850
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2850
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3100
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3100
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Property History for 543 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 543 North Heliotrope Drive

Taxable ValueLand$603,112Additions$266,864Total$869,976
Tax Record2023$11,086 ($924 / month)
Home Facts
Total Finished SqFt4,608 SqFtAbove Grade Finished SqFt4,608 SqFtLot Size8,000 SqFtStyleQuadraplexYear Built1915ZoningLAR3CountyLOS ANGELESAPN5520-008-010

Schools near 543 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
Alexandria Avenue Elementary School
PublicK to 5

Virgil Middle School
Public6 to 8

Academic Leadership Community 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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543 North Heliotrope Drive is a multi-family home for sale in Los Angeles, CA 90004. This property was listed for sale on April 6, 2023 by JohnHart Real Estate, it's currently listed at $2,150,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Alexandria Avenue Elementary School, Virgil Middle School and Contreras Learning Center-School Of Social Justice. 543 North Heliotrope Drive is a 10-bed, 5-bath, 4,808 sqft multi-family home built in 1915.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of JohnHart Real Estate, Juliet Tunyan, DRE #01932679

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.