652 North Heliotrope Drive

Los Angeles CA 90004

1595 sq. ft.

7700 sq. ft.

Single-Family

Currently for sale - view listing

Overview

Incredible developer opportunity to purchase two side-by-side single family homes (also 648 Heliotrope) both zoned R3. Both lots combine for a total of 15,400 sq ft (100 ft X 154 ft) and are located in a TOC Tier 3 Zone offering the potential to build up to 34 units. Centrally located with easy access to subways, commuter rail & LACC. This highly in-demand neighborhood boasts countless restaurants, nightlife options, live music venues, comedy houses and more. This is a walker's paradise, in walk score's words! Sandwiched between Hollywood and Los Feliz, this property sits close to all that Silver Lake, Echo Park, Downtown LA, and Northeast LA have to offer. Short distance to the new Erewhon, to the Metro Station, to LA City College, to The Virgil, to 4100 Bar, to El Cid, to Courage Bagels, to Sqirl...it goes on and on. Hop on the Metro, free from traffic, and be almost anywhere in Los Angeles in practically no time at all. The property is located in an Opportunity Zone w/the potential for major tax breaks for long-term developers.648

Features

2 bedrooms

2 bathrooms

1595 sq. ft. floor area

7700 sq. ft. lot size

Single-Family

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