Los Angeles, CA90029
| MLS# 25524471
Tract:
For Sale $950,000
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)
Facts
| Built in | Lot Size: 6752.00 sqft | HOA Dues: $0/month
Features
Listing provided by Adam Shamooelian, Keller Williams Beverly Hills
Based on information from California Regional Multiple Listing Service, Inc. as of April 23, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.