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Incredible developer opportunity to purchase two side-by-side single family homes (also 652 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.PROPERTY FEATURES
Room Type : Living Room
Building Type : Detached
Heating Type : Forced Air
Common Walls : Detached/No Common Walls
Flooring : Mixed
Roof Type : Asphalt
Furnished : Yes
Other Equipment: Range/Oven, Microwave
Zoning Description : LAR3
MLSAreaMajor : Silver Lake - Echo Park
Other Structures : None
PROPERTY DETAILS
Street Address: 648 N Heliotrope Dr
City: Los Angeles
State: California
Postal Code: 90004
County: Los Angeles
MLS Number: 23307371
Year Built: 1909
Courtesy of Equity Union
City: Los Angeles
State: California
Postal Code: 90004
County: Los Angeles
MLS Number: 23307371
Year Built: 1909
Courtesy of Equity Union
Courtesy of The Beverly Hills Estates
