5432 Virginia Avenue, Los Angeles, CA 90029

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
5432 Virginia Avenue,Los Angeles, CA 90029
$4,450,000
Virtual Tour
  • 0.34 Acres
  • Lots / Land
  • Active
Listed by: ariel mossazadeh
Office: bessa properties, inc
MLS#:CL26844929
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$4,450,000

About this home

Shovel-ready, RTI (Ready-to-Issue) 65-unit apartment development in East Hollywood. Building and grading permits issued December 2025. Approved for 65 units (31 studios and 34 one-bedrooms) across a six-story building totaling approximately 48,525 buildable SF on a combined approximately 14,992 SF lot (two parcels: APN 5536-010-009 and 5536-010-010). Fourteen indoor recreation rooms can convert to ADUs for a path to 79-81 units. Entitled under R4-1VL with Tier 3 TOC: 4.5:1 FAR, 67-ft height, and zero required parking under AB 2097. CEQA-exempt (SB 35), by-right, with no discretionary hearings remaining. Predominantly market units with a modest Extremely Low Income (ELI) affordable set-aside. Located within a federal Opportunity Zone. Walking distance to the Vermont/Santa Monica Metro B Line; minutes from Kaiser Permanente, Children's Hospital LA, Silver Lake, and Virgil Village. Blocks from the Echelon Studios mega-development. Complete plan set and construction pricing available. A...

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Home facts

  • Listing ID #:CL26844929
  • Added:107 day(s) ago
  • Updated:September 25, 2026 at 02:40 PM

Structure and exterior

  • Lot area:0.34 Acres
  • Architectural Style:Unimproved Land

Finances and disclosures

  • Price:$4,450,000
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at September 25, 2026

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