LKV Realty
Logo
$5,750,000
$7,200Reward *
5530 La Mirada Avenue, Los Angeles, CA 90038Listing ID ML82053579

5530 La Mirada Avenue, Los Angeles, CA 90038

Active
Time on site: 34 daysLast updated: 1 day ago
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
-
Acres
Acres
0.46
Days on Site
Days on Site
33

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.

Property Information

Property Details

Location

Address
5530 La Mirada Avenue
County
Los Angeles
City
Los Angeles
Zip Code
90038
School District
Los Angeles Unified

Financial

Special Conditions
Standard
Tigran BakchagyanKW Silicon City, (408) 755-5972

Market Report for 90038

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

ML5075752 • ML5063164