325 N Heliotrope Drive

    Los Angeles (City), CA 90004
    • $1,175,000
    • STATUS: Active
    • ON SITE: 58 days
    • ID#: 19459678
    UPDATED: 29 min ago
    $1,175,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,957
      SQFT
    • $600
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1919
    County:

    School Ratings & Info

    Description

    Great development opportunity! Property is zoned R3-1 in a Tier 3 TOC. TOC incentives allow for up to 70% bonus from your base residential density. Similar properties in the area that have been fully developed sold recently for over $2.3M. Roughly 0.25 miles from the Vermont/Beverly Station. Can be delivered vacant. Buyer & buyer's agent to verify ALL information. Agents do not represent or guarantee accuracy of information regarding square footage, unit count, bedroom/bathroom count, lot lines, lot dimensions, permitted/un-permitted spaces, use, zoning, income, or any other information concerning the conditions &/or features of the property.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-25T19:36:45.46. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/94132888

    325 N Heliotrope Drive Los Angeles (City), CA 90004

    • Price: $1,175,000
    • Status: Active
    • Updated: 29 min ago
    • ID#: 19459678
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1,957
    SQFT
    $600
    $/SQFT
    1919
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    Great development opportunity! Property is zoned R3-1 in a Tier 3 TOC. TOC incentives allow for up to 70% bonus from your base residential density. Similar properties in the area that have been fully developed sold recently for over $2.3M. Roughly 0.25 miles from the Vermont/Beverly Station. Can be delivered vacant. Buyer & buyer's agent to verify ALL information. Agents do not represent or guarantee accuracy of information regarding square footage, unit count, bedroom/bathroom count, lot lines, lot dimensions, permitted/un-permitted spaces, use, zoning, income, or any other information concerning the conditions &/or features of the property.
    Exterior Features

    Lot Size Units Square Feet Parking Features Uncovered Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Cooling None Cooling YN No Laundry Features None

    Property Features

    Gross Multiplier 34.00 Gross Operating Income 33749.00 Improvements Amount 195000 Land Value 450000 Laundry YN No Net Operating Income 22296.00 Special Listing Conditions Standard Total Expenses 11453.00 Zoning Lar3

    Listing provided courtesy of Gassia Krumian of Keller Williams Downtown La and Arin Gharibian of Keller Williams Downtown La


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-25T19:36:45.46. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Heller The Home Seller | Keller Williams Realty
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024