0 Baths

$1,300,000

553 N Heliotrope Drive, Los Angeles CA, 90004

Price per sqft$162.48

Lot size0.18 Acres

Property typeLand

Listed by Rosanna Russo CA DRE# 02087926 with EstateX inc. 818-984-7098

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

Listed by Rosanna Russo CA DRE# 02087926 with EstateX inc. 818-984-7098

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 7/29/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 7/29/2026 at 3:51 PM UTC Last Checked: 3:51 PM UTC