1114 N Heliotrope Drive, Los Angeles, CA 90029
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
1114 N Heliotrope Drive,Los Angeles, CA 90029
$1,649,000
- 0.15 Acres
- Lots / Land
- Active
Listed by:dario svidler
Office:keller williams beverly hills
MLS#:25510769
Source:CRMLS
Price summary
- Price:$1,649,000
About this home
Price Reduced! We are pleased to exclusively present for sale a Development Project consisting of 30 Units + 3 potential future ADUs, in the East Hollywood neighborhood of Los Angeles. The property is within an Opportunity Zone. Situated on N. Heliotrope Blvd., and just a short walk north of Santa Monica Blvd., this 6,750 SF [Q] C2-2D Tier 4 lot has 50 feet of frontage. The SFR on site will be delivered vacant. Only 4 Units dedicated to Extremely Low Income; all other units are market rate units. The design consists of nine Studio Units, eighteen 1+1 Units, two 2+1 Units and one 3+1 Unit, totaling 12,616 rentable square feet plus possible ADUs. Only four units will be dedicated for extremely low-income residents, while the rest will be market rate. The potential ADUs would be built in the Recreation Room, which can probably be converted to two Studio ADUs, with the possibility to also convert the Bicycle Storage Room, which could accommodate one 1+1 ADU - further increasing the Rentable Square Footage. This project takes advantage of the TOC Tier 4 base incentive by provided zero parking spaces. The property is a short 5 min walk to the Vermont / Santa Monica Metro Subway Station and the Los Angeles City College. This site is tucked into East Hollywood, between Hollywood, Silver Lake, Los Feliz and Koreatown - all areas in Los Angeles that are going through or have already gone through tremendous redevelopment, all with a great nightlife scene and amenities that future residents may desire. Walk Score calls this area a Walker's Paradise! With a convenient and central location, quick access to the 101 freeway and about 3 blocks away from the Metro Station, this property should be an easy commute to anywhere in the Greater Los Angeles. Project in the process of getting to "RTI" status selling the project "as-is".
Contact an agent
Home facts
- Listing ID #:25510769
- Added:200 day(s) ago
- Updated:September 26, 2025 at 10:46 AM
Structure and exterior
- Lot area:0.15 Acres
Finances and disclosures
- Price:$1,649,000
New listings near 1114 N Heliotrope Drive
- New$850,000Active-- beds -- baths1,466 sq. ft.
1326 W 91 Street, Los Angeles, CA 90044
MLS# CRPW25222653Listed by: REAL CONSULTANTS - New$699,000Active-- beds -- baths2,156 sq. ft.
11008 Willowbrook Avenue, Los Angeles, CA 90059
MLS# CRPW25227999Listed by: LYON STAHL INVESTMENT REAL EST - New$975,000Active-- beds -- baths3,288 sq. ft.
226 N Western, San Pedro (los Angeles), CA 90732
MLS# CRSB25227141Listed by: HENRY FALKENSTEIN & ASSOC - New$847,000Active3 beds 2 baths1,064 sq. ft.
947 W 20th Street, San Pedro, CA 90731
MLS# SB25178433Listed by: VISTA SOTHEBY'S INTERNATIONAL REALTY - New$879,000Active6 beds 4 baths2,380 sq. ft.
3901 S Normandie, Los Angeles, CA 90037
MLS# SB25227934Listed by: LYON STAHL INVESTMENT REAL ESTATE, INC. - New$195,000Active2 beds 2 baths1,368 sq. ft.
8811 Canoga #340, Canoga Park, CA 91304
MLS# SR25223721Listed by: RICHARD SHUBEN - New$599,900Active3 beds 1 baths1,279 sq. ft.
1050 W 96th Street, Los Angeles, CA 90044
MLS# SR25227565Listed by: BERKSHIRE HATHAWAY HOMESERVICES TROTH, REALTORS - New$798,000Active3 beds 2 baths1,270 sq. ft.
10431 Las Lunitas Avenue, Tujunga, CA 91042
MLS# GD25227778Listed by: JOHNHART REAL ESTATE - New$1,890,000Active5 beds 3 baths2,260 sq. ft.
1749 Sunny Heights, Los Angeles, CA 90065
MLS# IG25227991Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New$1,450,000Active2 beds 2 baths1,659 sq. ft.
2624 S Garth Avenue, Los Angeles, CA 90034
MLS# OC25189055Listed by: REDFIN