$950,000

Estimated payment $5,653/month

Total Views 828
0.16 Acre
$6,129,032 Price per Acre
6,752 Sq Ft Lot

About This Lot

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

Keller Williams Beverly Hills License #02116849

Keller Williams Beverly Hills

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,323

Year Built

  • 1919

Lot Details

  • 6,752 Sq Ft Lot
  • Lot Dimensions are 50x135
  • Property is zoned LARD1.5

Utilities

  • Phone Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 5540-023-007

Property Details

Property Type

Land

Est. Annual Taxes

$4,323

Year Built

1919

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1550
  • Lot Dimensions: 50x135
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1919

Exterior Features

  • View: Yes

Utilities

  • Cable: No
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 5540-023-007
  • Lot Size Area: 6752

Map

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,323 $346,551 $251,026 $95,525
2023 $4,241 $339,756 $246,104 $93,652
2022 $4,044 $333,095 $241,279 $91,816
2021 $3,989 $326,565 $236,549 $90,016
2019 $3,869 $316,881 $229,534 $87,347
2018 $3,803 $310,669 $225,034 $85,635
2016 $3,622 $298,607 $216,297 $82,310
2015 $3,569 $294,123 $213,049 $81,074
2014 $3,587 $288,362 $208,876 $79,486
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 For Sale $950,000 0.0% $680 / Sq Ft
04/15/2025 04/15/25 For Sale $950,000 -- --
Source: The MLS

Deed History

Date Type Sale Price Title Company
Grant Deed $230,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,000 Credit Line Revolving
Closed $100,000 Credit Line Revolving
Closed $190,000 Unknown
Closed $186,400 Unknown
Previous Owner $160,000 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25524471

The MLS

APN: 5540-023-007