5301 Sierra Vista, Los Angeles, CA 90029

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
5301 Sierra Vista,Los Angeles, CA 90029
$6,000,000
  • 0 Acres
  • Lots / Land
  • Active
Listed by: edgar koenig, verzhine "gina" uzunyan
Office: ed koenig ire
MLS#:SR26013068
Source:San Diego MLS via CRMLS

Price summary

  • Price:$6,000,000

About this home

Property Highlights Include: TWO-PHASE OPPORTUNITY: Phase One: Secure, City-backed land lease & good rental income and Phase Two: Potential Multi-Residential development for sough after long-term housing. Great East Hollywood location, in vibrant and up and coming neighborhood. Property Overview: Lot Size: Approximately 19,110 square feet, Zoning: C2 RD1.5, Transit Oriented Communities (TOC): Tier 3 CURRENT USE: The site is presently leased to the City of Los Angeles as a future temporary housing facility, generating structured and escalating income while supporting critical community needs. Following the lease term, the property offers significant potential for residential development in a supply-constrained and transit-oriented submarket of Los Angeles. Projected Annual Income & Cap Rates and OM information available upon request. FUTURE USE: Potential multi-residential development responding to long-term housing demand. This property combines near-term cash flow with long-term...

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Home facts

  • Listing ID #:SR26013068
  • Added:160 day(s) ago
  • Updated:June 29, 2026 at 02:07 PM

Finances and disclosures

  • Price:$6,000,000
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