Listing provided courtesy of Adam Shamooelian of Keller Williams Beverly Hills. Last updated 2025-04-27 08:13:38.000000. Listing information © 2024 Sandicor.
Asking Price: $950,000 |
1154 Heliotrope, Los Angeles CA 90029
Community: C20 - Hollywood
This Single Family Residence property was built in 1919 and is priced at $950,000. Please see the additional details below.
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) Cross-listed as Land also listed on TheMLS as #25524471