$1,300,000

553 N Heliotrope Dr, Los Angeles CA, 90004

Price per sqft$162.48

Lot size0.18 Acres

Property typeLand

Overview

Active

Listed Jul 20, 2026

Updated Aug 15

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

Listed by Rosanna Russo with EstateX inc.
Listing Contact: 818-984-7098

Based on information from The MLS^TM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Melissa Zee | CA DRE# 01451028 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Data last updated 8/15/2026