1154 N Heliotrope Drive 5540023007
Los Angeles, CA, 90029
$950,000
Beds
0 Baths
SqFt
0.16 Acres
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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)
LISTING AGENT: Adam Shamooelian
LISTING BROKERAGE: Keller Williams Beverly Hills
1154 N Heliotrope Drive 5540023007
Los Angeles, CA

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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The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

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