553 N Heliotrope Drive, Los Angeles, CA 90004
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
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:66 day(s) ago
- Updated:September 25, 2026 at 02:40 PM
Structure and exterior
- Lot area:0.18 Acres
- Architectural Style:Unimproved Land
Finances and disclosures
- Price:$1,300,000
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