$935,000
$950,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
6,751 Sqft Lot
SOLD DATE : 08/22/2025
Key Details
Sold Price $935,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 25524471
Sold Date 08/22/25
HOA Y/N No
Lot Size 6,751 Sqft
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 Plan)
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LARD1.5
Interior
Fireplace No
Exterior
View Y/N Yes
Building
New Construction No
Others
Senior Community No
Tax ID 5540023007
Special Listing Condition Standard
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