1520 Helen Drive, Los Angeles, California 90063, Los Angeles, 90063 - bed, bath

1520 Helen Drive, Los Angeles, California 90063 home-pic-0
ACTIVE$1,395,000
1520 Helen Drive, Los Angeles, California 90063
0Bed
0Bath
2,240Sqft
6,346Lot
Year Built
1925
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$623
HOA
-
Days on market
-
Sold On
-
MLS number
SB24103784
Home ConditionGood
Features
Excellent View:
Deck
Patio
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $1.40M(96th), sqft - 2240(56th), beds - undefined(50th), baths - undefined(50th).

Amazing Trophy Rental Property Opportunity with Commanding DTLA VIEWS and Stellar Income Producing Units at an Impressive 6% Cap Rate! Step inside this Remodeled Gated Electronically Controlled Multi-Unit Property with Breathtaking UNOBSTRUCTED Downtown Los Angeles City Views!! This Amazing Property Boasts a Detached Front House consisting of 3 Bedrooms, 2 Recently Updated Full Baths, Located on a Spacious Parcel/Compound that includes an Outdoor BBQ/Patio Area and a Separate Detached Updated Multi-Unit Dwelling for a Total of 3 Units! Embrace yourself and enjoy the Stunning Viewing Deck Entrance with Access to the Property's French Doors Leading into a Living Room/Dining Room/Chef's Kitchen Open Floor Plan that Enjoys the Dynamic Los Angeles Downtown Views! The Chef's Kitchen includes incredible Line of Sight with an Attractive Breakfast Bar and Stainless-Steel Appliances. Additional Notable Features include: Quartz Counter-tops, Remodeled Bathrooms, Newly Installed Floors, Washer/Dryer, Newly Installed Windows, Tankless Water Heater and Newly installed A/C/Heat! Also a Private Remote-Controlled Garage! The Private Detached Back House Duplex Dwelling Consists of a 2 Bedroom, 1 Bath House with a 1 Bedroom, 1 Bath lower unit. These units have been recently Remodeled with Newly Installed A/C/Heat, Newer Flooring, Newer Windows, Newly Designed Bath Areas, and Spacious Bedrooms! The Sunny and Bright Culinary Kitchens with Breakfast Eating Areas have Newly Installed Cabinetry, Stainless Steel Sinks, Granite Countertops, Newly Installed Appliances, Newly Installed Tankless Water Heaters, Washer & Dryer, Spacious Closets and Newly Installed Custom Fan/Light Fixtures. There is also convenient Access from the Chef's Kitchen to the Outside Patio Area that is Bamboo Wrapped and Designed for your Privacy Al-Fresco! Incredible Turn-Key Asset, Perfect for Owner-User Investor and/or Investor Exchange Opportunity!

Price History

Date
Event
Price
05/19/25
Sold
$1,250,000
11/17/22
Sold
$1,045,000
07/21/22
Sold
$750,000
02/04/03
Sold
$269,000
09/16/02
Sold
$160,000
Condition Rating
Good

The property, built in 1925, has been extensively remodeled. The listing and images highlight updated kitchens with stainless steel appliances, quartz/granite countertops, and remodeled bathrooms. New flooring, windows, A/C, and tankless water heaters have also been installed. While the original build year is older, the extensive renovations bring it to a 'good' condition, move-in ready with no immediate renovation required.
Pros & Cons

Pros

Income Potential: The property offers a strong income-producing opportunity with a reported 6% cap rate, making it attractive to investors.
Downtown LA Views: The property boasts unobstructed, breathtaking views of Downtown Los Angeles, significantly enhancing its appeal and market value.
Remodeled Units: All units have been recently remodeled with new A/C/Heat, flooring, windows, bathrooms, and kitchens, reducing immediate maintenance concerns and attracting quality tenants.

Cons

Year Built: Built in 1925, the property may require ongoing maintenance and potential upgrades due to its age.
Lot Size: The lot size of 6,346 sqft is relatively small, potentially limiting expansion or outdoor amenity options.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state