5430 Virginia Avenue, Los Angeles, CA 90029

Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
5430 Virginia Avenue,Los Angeles, CA 90029
$4,990,000
Virtual Tour
  • 0.34 Acres
  • Lots / Land
  • Active
Listed by: shie alony
Office: rodeo realty
MLS#:CL26636257
Source:CA_BRIDGEMLS

Price summary

  • Price:$4,990,000

About this home

***Seller Financing & Joint Venture Available*** Calling all Developers and Builders! A beautiful development opportunity awaits you. Build a brand-new apartment building on a double-lot development site in the renowned Hollywood Studio District. Property is situated in a Qualified Opportunity Zone, potentially offering tax benefits to the savvy investor. Conveniently located near the 101 Freeway and several Metro lines, making travel to your favorite destinations much easier! Architectural plans call for a 6-story contemporary design featuring 65 apartment residences and 14 recreation rooms (for possible ADU conversions), with one level of semi-subterranean parking only. Ready-to-Issue permits are included, allowing the builder to start construction and save valuable years and excessive frustration often associated with the entitlement process. If you're ready to make a bold statement on the local Hollywood skyline, then this project may be for you! Architectural plans and further

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Home facts

  • Listing ID #:CL26636257
  • Added:4 day(s) ago
  • Updated:January 27, 2026 at 05:21 PM

Structure and exterior

  • Lot area:0.34 Acres

Finances and disclosures

  • Price:$4,990,000

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