553 N Heliotrope Drive, Los Angeles, CA 90004

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
553 N Heliotrope Drive,Los Angeles, CA 90004
$1,300,000
Virtual Tour
  • 0.18 Acres
  • Lots / Land
  • Active
Listed by: rosanna russo, cindy melendrez
Office: estatex inc.310-770-7032
MLS#:26861879
Source:CRMLS

Price summary

  • Price:$1,300,000

About this home

Attention builders, developers, and savvy investors! Here is a rare, high-yield opportunity to break ground on a premier multi-unit project in one of Los Angeles' highest-demand rental markets, situated minutes from Silver Lake, Hollywood, Koreatown, Hancock Park, and Downtown LA. This prime LAR3 zoned lot comes with architectural plans for a modern development featuring three separate buildings totaling 5 premium units, positioned perfectly to capture strong local rental demand. According to the seller, the site is slated to be RTI in just two months according to the seller. Furthermore, current LAR3 zoning offers the enticing potential to maximize the site up to 10 total units (buyer to verify all development guidelines). Full architectural plans are available upon request. Do not miss the chance to lock down a project in a rapidly growing, centrally located transit hub before it's gone.

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Home facts

  • Listing ID #:26861879
  • Added:115 day(s) ago
  • Updated:November 13, 2026 at 12:59 PM

Structure and exterior

  • Lot area:0.18 Acres
  • Lot Features:Flat

Finances and disclosures

  • Price:$1,300,000
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