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For SaleLuxury

$5,750,000

19,837 sqft$290/sqft123 days on market

5530 La Mirada Avenue

Los Angeles, CA 90038

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

19,837

Square feet

—

Built

Listing narrative

Description

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.

Listing agent (MLS): Tigran Bakchagyan · Listing brokerage (MLS): KW Silicon City

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$5,750,000

Beds

Beds n/a

Type

Land

Home Size

19,837 sqft

Baths

Baths n/a

Lot Size

0.46 acres

Year

Year n/a

Status

For Sale

Days on Market

123

$ / Sqft

$290

· 8% down, 7% APR, 30yr fixed
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Courtesy of KW Silicon City