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    1011 N Heliotrope Dr Los Angeles, CA 90029

    For Sale
    $4,000,000

    MULTI_FAMILY - Los Angeles, CA

    Property size:
    3,884 SF
    Lot size:
    0.14 Acres
    Days on Market:
    94
    Last Refresh:
    Dec 15 at 1:06 am

    Property Features for 1011 N Heliotrope Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Window features
    Screens
    Zoning
    LARD1.5
    Rooms
    Bedroom 3, Bedroom 4, Bathroom 4, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 1
    Bedrooms
    4
    Bathrooms
    4
    APN
    5538-019-007
    Parking features
    Driveway
    Size
    3,884 SF
    Lot size
    0.14 Acres

    Utilities

    Cooling system
    Wall Unit(s)
    Water source
    Public

    Building Details

    Year built
    1921
    Floors in Building
    2
    Number of units
    4

    CURB® (888) 279-4230 [email protected]

    Listing agent Ramon Reyes (888) 279-4230 License #02246275

    Listing date Sep 13, 2025

    Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hollywood Land Redevelopment Opportunity

    This property, situated in a rapidly evolving neighborhood of Hollywood, presents a significant opportunity for investors and developers. The location is just minutes from the Hollywood Walk of Fame, placing it at the heart of one of the most sought-after neighborhoods in Los Angeles. The property is positioned to be part of the next wave of development, with recent demolitions in the vicinity paving the way for new construction. The lot size is 0.1435 acres, equivalent to 3,884 square feet. The zoning is LARD1.5. This site is an ideal candidate for redevelopment as Hollywood continues to undergo revitalization.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.295326
    Latitude
    34.089859

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    FAQs

    What type of property is this?
    Commercial land - Prime Hollywood location ideal for redevelopment in evolving neighborhood.
    Where is this commercial land located?
    The property is located at 1011 N Heliotrope Dr Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: - Prime location in a rapidly evolving area of Hollywood.; - Significant redevelopment opportunity for investors and developers.; - Close proximity to the Hollywood Walk of Fame.
    (888) 279-4230
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    1011 N Heliotrope Dr Los Angeles, CA 90029
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1011 N Heliotrope Dr Los Angeles, CA 90029
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