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Listed by: Rosanna Russo (818) 984-7098 DRE #02087926, Cindy Melendrez DRE #02109609 | EstateX inc. (310) 770-7032
$1,300,000
Monthly Est:$6,471
-- Bed
-- Bath
8,001sqft lot
553 N Heliotrope Dr, Los Angeles, CA 90004
$1,300,000
$6,471/moEst:
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Land
Built in -
$-- HOA
8,001 sqft lot
$162/sq.ft
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.
- Houzeo last checked: 12 minutes ago
- Listing updated: October 13, 2026 at 4:32 pm
- Source: California Regional MLS-CA | MLS#: 26861879
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
8,001 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26861879
MLS Status
Active
Days on Market
106
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Other Features
Lot Features
Flat
Price History
| Date | Event | Price |
|---|---|---|
07/20/2026 Source: | Price Decreased | $1,300,000 -6.81% $0/sqft |
10/24/2025 Source: | Price Decreased | $1,395,000 -3.79% $0/sqft |
10/01/2025 Source: | Price Change | $1,450,000 $0/sqft |
06/25/2025 Source: | Listed for Sale | $1,450,000 -6.45% $0/sqft |
06/25/2025 Source: | Price Decreased | $1,550,000 -3.12% $0/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 03:30AM and /or other sources. 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. 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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