$1,300,000

553 N Heliotrope Drive, Los Angeles, CA 90004

Land
Built in ——
8,002sqft lot
—— car garage
$——/sqft
Listed 22 days ago

Property Description

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.

Listing Status:: Active
Date Added:: July 20, 2026
Data Last Updated:: August 11, 2026 at 6:06PM
Listing Office:: EstateX inc. : 310-770-7032
Listing Agent:: Rosanna Russo : 818-984-7098
MLS ID:: CL26861879

County: Los Angeles

Zoning: LAR35520008012
View: None

This listing courtesy of Rosanna Russo , EstateX inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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