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.
Property Details
Price:
$1,300,000
MLS #:
26861879
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
c17midwilshire
Listed Date:
Jul 23, 2026
Lot Size:
8,001 sqft / 0.18 acres (approx)
See this Listing
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Community
- Address553 N Heliotrope DR Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
Subdivisions in Los Angeles
Market Summary
Current real estate data for Land in Los Angeles as of Jul 26, 2026
485
Land Listed
173
Avg DOM
$1,512,926
Avg List Price
Property Summary
- 553 N Heliotrope DR Los Angeles CA is a Land for sale in Los Angeles, CA, 90004. It is listed for $1,300,000 and features 0 acres.
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