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Millman Team Real Estate

$1,300,000
0.18 Acre Lot

, Los Angeles, California 90004

  • Land Property Type
Property Description

Attention builders, developers, and savvy investors! Here is a rare, high-yield opportunity to break ground on a premier multi-unit project in one of Los Angeles’ highest-demand rental markets, situated minutes from Silver Lake, Hollywood, Koreatown, Hancock Park, and Downtown LA. This prime LAR3 zoned lot comes with architectural plans for a modern development featuring three separate buildings totaling 5 premium units, positioned perfectly to capture strong local rental demand. According to the seller, the site is slated to be RTI in just two months according to the seller. Furthermore, current LAR3 zoning offers the enticing potential to maximize the site up to 10 total units (buyer to verify all development guidelines). Full architectural plans are available upon request. Do not miss the chance to lock down a project in a rapidly growing, centrally located transit hub before it’s gone.

Basic Details
Land
For Sale
26861879
$1,300,000
None
0.18 Acre
Active
Features
$0
Address Map
CA
Los Angeles
Los Angeles
90004
Heliotrope
553
Drive
W119° 42' 15.5''
N34° 4' 50.2''
North of Rosewood and South of Clinton.
C17 - Mid-Wilshire
N
LAR3
Additional Information
$0
$0
$0
$0
$0
: Flat
2026-07-20
https://www.themls.com/properties/vt/CA/Los-Angeles/553--N-Heliotrope-Dr/Residential-Land/26861879
Broker/Agent Information
EstateX inc.
Rosanna Russo
Listing Information
Cindy Melendrez
CLW-C135275
CLW-X83832
EstateX inc.
CLW-C133413
CLW-X83832
Cash
Active
2026-10-13T16:32:08Z
CRMLS
: Standard
2026-07-20T00:00:00Z
Agent info
Jon Millman
21250 Hawthorne Blvd, Suite 750, Torrance, CA 90503
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