5530 La Mirada Avenue, Los Angeles, CA 90038

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
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 city408-755-5972
MLS#:ML82053579
Source:CRMLS

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,...

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Home facts

  • Listing ID #:ML82053579
  • Added:105 day(s) ago
  • Updated:October 22, 2026 at 11:17 AM

Structure and exterior

  • Lot area:0.46 Acres
  • Lot Features:Level with Street

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$5,750,000
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