5530 La Mirada Avenue, Los Angeles, CA 90038
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
5530 La Mirada Avenue,Los Angeles, CA 90038
$5,750,000
- 0.46 Acres
- Lots / Land
- Active
Listed by: tigran bakchagyan, ashkon jadali
Office: kw silicon city
MLS#:ML82053579
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$5,750,000
About this home
Keller Williams Silicon City is pleased to exclusively present 5530 La Mirada Avenue, a rare income-producing urban infill development opportunity in the heart of Hollywood. The 19,600 SF (0.45-acre) site consists of three consolidated parcels zoned LAR3 and benefits from TOC Tier 3 and Qualified Opportunity Zone designations. Currently leased to the contractor for the nearby Echelon Studios Hollywood redevelopment, the property generates approximately $15,000 per month in interim income while investors pursue entitlement, financing, or redevelopment. The Seller has commissioned three architectural feasibility studies illustrating concepts for approximately 51 to 63 residential units, providing valuable planning insight and reducing upfront due diligence. Buyers should independently verify zoning, density, TOC incentives, Opportunity Zone eligibility, and development approvals. Surrounded by significant public and private investment and located minutes from Hollywood Boulevard, Sunset Boulevard, Silver Lake, Los Feliz, Downtown Los Angeles, and major transit, 5530 La Mirada Avenue offers an exceptional covered land investment with current income, redevelopment flexibility, and long-term upside....
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Home facts
- Listing ID #:ML82053579
- Added:50 day(s) ago
- Updated:August 28, 2026 at 02:39 PM
Structure and exterior
- Lot area:0.46 Acres
- Lot Features:Level
Utilities
- Water:Public
Finances and disclosures
- Price:$5,750,000
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