553 N Heliotrope Dr, Los Angeles, CA 90004
553 N Heliotrope Dr, Los Angeles, CA 90004
553 N Heliotrope Dr, Los Angeles, CA 90004
553 N Heliotrope Dr, Los Angeles, CA 90004
553 N Heliotrope Dr, Los Angeles, CA 90004
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8,001 Sqft Lot

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$ 1,300,000
Est. payment | /mo
Save Virtual Tour

8,001 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26861879

Lot Size 8,001 Sqft

Acres 0.1837

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.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR3

Exterior

Waterfront Description None

View Y/N No

View None

Others

Special Listing Condition Standard

Virtual Tour https://www.themls.com/properties/vt/CA/Los-Angeles/553--N-Heliotrope-Dr/Residential-Land/26861879

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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553 N Heliotrope Dr