$950,000
For Sale

1154 N Heliotrope Drive

Los Angeles, CA 90029
Listing OfficeKeller Williams Beverly Hills
Browse 10 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

We are proud to present an exceptional development opportunity at 1154 N. Heliotrope Drive, located in the heart of East Hollywood. This expansive 6,750 SF LARD1.5-zoned lot allows for the construction of four units by right, with additional potential for multiple ADUs (Buyer to Verify). Currently, the property features an owner-occupied Single-Family Residence that will be delivered 100% vacant, offering a clean slate for investors or developers (homeowners exemption taken over the last 5 years). Additionally, the site qualifies under Executive Directive 1 (ED1), unlocking the opportunity to build to maximum density with expedited entitlement processing a major advantage for developers seeking to move quickly and efficiently.Perfectly situated near Los Feliz, Silver Lake, and Hollywood, this centrally located site provides convenient access to a wide range of dining, retail, and employment hubs, as well as proximity to major institutions like Kaiser Permanente, Los Angeles City College, and the Metro B Line.With strong rental demand, and a central location, 1154 N. Heliotrope Drive presents a rare opportunity to secure a site in one of LA's most active and high-demand neighborhoods.(*Buyer to verify all zoning information)(Property is Located in SNAP - Vermont/Western Specific Plan)

  • Property Details
      • CountyLos Angeles
      • Property TypePurchase
      • Original List Price$950,000
      • MLS #25524471
      • MLS #25524471
      • Cost950000
      • Acres0.155
      • Property SubtypeLand

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
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