553 N Heliotrope Drive, Los Angeles, CA 90004

Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
553 N Heliotrope Drive,Los Angeles, CA 90004
$1,300,000
  • 0.18 Acres
  • Lots / Land
  • Active
Listed by: rosanna russo, cindy melendrez
Office: estatex inc.
MLS#:CL26861879
Source:Bay East, CCAR, bridgeMLS

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 #:CL26861879
  • Added:17 day(s) ago
  • Updated:August 07, 2026 at 02:26 PM

Structure and exterior

  • Lot area:0.18 Acres
  • Architectural Style:Unimproved Land

Finances and disclosures

  • Price:$1,300,000
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at August 7, 2026