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
Price:
$950,000
MLS #:
25524471
Status:
Active
Baths:
0
Address:
1154 N Heliotrope Drive 5540023007
Type:
Land
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Apr 15, 2025
State:
CA
ZIP:
90029
Lot Size:
6,752 sqft / 0.16 acres (approx)
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- Address1154 N Heliotrope Drive 5540023007 Los Angeles CA
- AreaC20 – Hollywood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90029
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1154 N Heliotrope Drive 5540023007
Los Angeles, CA
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