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$1,300,000
6 Days On Site

553 N Heliotrope Drive
Los Angeles, CA 90004

For Sale|Land|Active
County:
Los Angeles
Call Now: (408) 868-2620
Is this the listing for you? We can help make it yours.
(408) 868-2620
553 N Heliotrope Drive553 N Heliotrope Drive553 N Heliotrope Drive553 N Heliotrope Drive
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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.

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Listing Snapshot
Price 
$1,300,000
Days On Site 
6 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1837 Acres
Year Built 
N/A
MLS® Number 
26861879
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
7 days agoListing first seen on site
General Features
Acres 
0.1837
Special Circumstances 
Standard
Zoning 
LAR3
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Exterior Features
Lot Features 
Level
View 
None
Waterview 
None
Community Features
Financing Terms Available 
Cash
MLS Area 
C17 - Mid-Wilshire
Listing courtesy of Rosanna Russo of EstateX inc.

Based on information from the The MLS as of 2026-07-27 03:45 AM 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.

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