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553 N Heliotrope Dr, Los Angeles, CA 90004 - Main View

553 N Heliotrope Dr, Los Angeles, CA 90004

List Price: $1,550,000

On market

Jun 25, 20252,201 sqft3 beds0 baths

Listed by: Jason Aghel

License #: 02014436

Phone #: 323-577-5337

Exclusive Realty Inc

Source:

MLS #: 25557019

Property Description

Attention Contractors and Builders:Take advantage of this ready-to-issue (RTI) development opportunity for 5 units, totaling approximately 8,100 sq ft of living space. The project offers strong upside potential through multiple development paths and excellent future rental income . Favorable zoning ( Zoning R3-1) provides added flexibility, and the site includes ample parking for all units. Plans available upon request.

Get a detailed valuation report, schedule a tour or make an offer!

Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

DRE LICENSE #01997822

TurboHome Fair Market Estimate

TurboHome Savings

$19,251

TurboHome Estimated Value

$1,416,700

$644 sqft

High Valuation

$1,487,535

$676/sqft

Normal Valuation

$1,416,700

$644/sqft

Low Valuation

$1,345,865

$611/sqft

3rd Party Estimates

Source	$/sqft	Valuation
HouseCanary	$644/sqft	$1,416,700

Get a detailed valuation report, schedule a tour or make an offer!

Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

DRE LICENSE #01997822

Neighborhood: Mid Wilshire

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Comparative Value

$950K

$1.10M

$1.29M

$1.45M

$1.55M

5441 Lemon Grove Ave, Los Angeles, CA 90038

Sale Price: $950,000

Selected Comparable

932 N Kingsley Dr, Los Angeles, CA 90029

Sale Price: $1,100,000

Selected Comparable

1019 S Citrus Ave, Los Angeles, CA 90019

Sale Price: $1,290,000

Selected Comparable

584 N Plymouth Blvd, Los Angeles, CA 90004

Sale Price: $1,450,000

Selected Comparable

553 N Heliotrope Dr, Los Angeles, CA 90004

List Price: $1,550,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT