0 Baths

$1,300,000

553 N Heliotrope Drive, Los Angeles CA, 90004

Price per sqft$162.48

Lot size0.18 Acres

Property typeLand

Overview

Active

Listed Jul 20, 2026

Updated Jul 29

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.

Additional information

MLS^® ID: 26861879

Exterior Features

Lot Size: 0.18 Acres

Other Property Details

55+/Senior Community: No

Also listed on CLAW

Listed by Rosanna Russo, EstateX inc., CA DRE 02087926

Listing Contact: 818-984-7098

Based on information from the CRISNet MLS as of 7/29/2026, 3:47 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.