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553 N Heliotrope Dr, Los Angeles, CA 90004

List Price: $1,550,000On Market FlagOn market
Jun 25, 20252,201 sqft3 beds0 baths
Listed by: Jason Aghel
License #: 02014436
Phone #: 323-577-5337
Exclusive Realty Inc
Source:
CRMLS Logo
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.
Assignment
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Kevin Kretzmer
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.”

TurboHome Fair Market Estimate

TurboHome

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$/sqftValuation
HouseCanary$644/sqft$1,416,700

Neighborhood: Mid Wilshire

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Comparative Value

$1.10M

$1.29M

$1.38M

$1.45M

$1.55M

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

110 N Mariposa Ave, Los Angeles, CA 90004

Sale Price: $1,380,000

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
553 N Heliotrope Dr, Los Angeles, CA 90004

553 N Heliotrope Dr, Los Angeles, CA 90004

List: $1,550,000

Listed: 6/25/2025

Area:2,201 sqft
Price/sqft:$704
Beds:3
Baths:
Year Built:
Lot Size:7,999

Comparable Properties

COMPARABLE
Choose comps
932 N Kingsley Dr, Los Angeles, CA 90029

932 N Kingsley Dr, Los Angeles, CA 90029

Sale: $1,100,000

2/3/20250.61 mi

Area:2,183 sqft
Price/sqft:$504
Beds:4
Baths:
Year Built:
Weight:29.8%
110 N Mariposa Ave, Los Angeles, CA 90004

110 N Mariposa Ave, Los Angeles, CA 90004

Sale: $1,380,000

9/9/20240.56 mi

Area:2,205 sqft
Price/sqft:$626
Beds:2
Baths:1
Year Built:
Weight:24.8%
1019 S Citrus Ave, Los Angeles, CA 90019

1019 S Citrus Ave, Los Angeles, CA 90019

Sale: $1,290,000

2/20/20253.12 mi

Area:2,524 sqft
Price/sqft:$511
Beds:4
Baths:
Year Built:
Weight:23.2%
584 N Plymouth Blvd, Los Angeles, CA 90004

584 N Plymouth Blvd, Los Angeles, CA 90004

Sale: $1,450,000

3/18/20251.41 mi

Area:1,982 sqft
Price/sqft:$732
Beds:4
Baths:1
Year Built:
Weight:22.3%

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