17-Unit RTI Apartment
For Sale
Contact for pricing
Pending
549 N Heliotrope Drive, Los Angeles, CA 90004
Vacant duplex site with RTI plans for a contemporary multifamily project and condominium specifications.
Property SizeContact for details
Lot Size0.18 Acres
Days on Market148
Property Features for 549 N Heliotrope Drive
General Information
Standard status
Pending
Lot size
0.18 Acres
Property subtype
Multifamily
Zoning
R3-1
Additional Details
Opportunity Zone
Yes
Multifamily Units
2
Building Details
Buildings
1
Listing Agency:
Ben Borukhim
Listed By:
Ben Borukhim · License #CA 01970416
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 8:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ben Borukhim
Investment Insights
Based on property information with market context.
The property is currently a vacant duplex site planned for a 17-unit multifamily project totaling approximately ~17K square feet. The proposed unit mix includes (2X) 3Bed/3Bath residences, (6X) 2Bed/2Bath residences, and (9x) studio units, with three units designated as affordable. Except for the first-level studios, the residences include in-unit Washer/Dryer installations. The design includes a roof deck, private and public outdoor areas, and a penthouse residence with a private 600 square foot terrace.
The project is located on an 8K Square foot lot measuring 50' x 160' and is zoned R3-1. Delivered materials include RTI plans utilizing the TOC (Tier 3) ordinance, with no subterranean parking proposed. Ten parking spaces are provided. The project is detailed to condominium specifications for a buyer who elects to pursue condo conversion, and the property is situated within a Qualified Opportunity Zone.
The project is located on an 8K Square foot lot measuring 50' x 160' and is zoned R3-1. Delivered materials include RTI plans utilizing the TOC (Tier 3) ordinance, with no subterranean parking proposed. Ten parking spaces are provided. The project is detailed to condominium specifications for a buyer who elects to pursue condo conversion, and the property is situated within a Qualified Opportunity Zone.
Key Highlights
- 17 Unit multifamily project with approximately ~17K square foot building plans
- Unit mix includes (2X) 3Bed/3Bath, (6X) 2Bed/2Bath, and (9x) studio units
- R3‑1‑zoned 8K Square foot lot measuring 50' x 160'
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,192
Businesses Nearby
Explore this area
Business Placement
Demographics for 90004, CA
58,585
Population
26,046
Households
2.2
Avg Household Size
37
Median Age
40%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
18,898
Density / Sq Mi
$62,655
Median Household Income
$39,359
Median Earnings
$1,752
Median Rent
$1,457,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Vacant duplex site with RTI plans for a contemporary multifamily project and condominium specifications.
Where is this apartment building located?
The property is located at 549 N Heliotrope Drive Los Angeles, CA.
What are key features of this property?
This property features: 17 Unit multifamily project with approximately ~17K square foot building plans; Unit mix includes (2X) 3Bed/3Bath, (6X) 2Bed/2Bath, and (9x) studio units; R3‑1‑zoned 8K Square foot lot measuring 50' x 160'
