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$ 950,000
Est. payment /mo
Pending
1154 N Heliotrope Drive Los Angeles, CA 90029
6,752 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CL25524471
HOA Y/N No
Lot Size 6,752 Sqft
Acres 0.16
Property Sub-Type Unimproved Land
Property 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 P
Location
State CA
County Los Angeles
Zoning LARD
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5540023007
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Listed by Adam Shamooelian • Keller Williams Beverly Hills