Property Highlights Include: TWO-PHASE OPPORTUNITY: Phase One: Secure, City-backed land lease & good rental income and Phase Two: Potential Multi-Residential development for sough after long-term housing. Great East Hollywood location, in vibrant and up and coming neighborhood.
Property Overview: Lot Size: Approximately 19,110 square feet, Zoning: C2 – RD1.5, Transit Oriented Communities (TOC): Tier 3
CURRENT USE: The site is presently leased to the City of Los Angeles as a future temporary housing facility, generating structured and escalating income while supporting critical community needs. Following the lease term, the property offers significant potential for residential development in a supply-constrained and transit-oriented submarket of Los Angeles. Projected Annual Income & Cap Rates and OM information available upon request.
FUTURE USE: Potential multi-residential development responding to long-term housing demand. This property combines near-term cash flow with long-term upside, offering both financial stability and future growth potential.
MOTIVATED SELLERS!
Property Overview: Lot Size: Approximately 19,110 square feet, Zoning: C2 – RD1.5, Transit Oriented Communities (TOC): Tier 3
CURRENT USE: The site is presently leased to the City of Los Angeles as a future temporary housing facility, generating structured and escalating income while supporting critical community needs. Following the lease term, the property offers significant potential for residential development in a supply-constrained and transit-oriented submarket of Los Angeles. Projected Annual Income & Cap Rates and OM information available upon request.
FUTURE USE: Potential multi-residential development responding to long-term housing demand. This property combines near-term cash flow with long-term upside, offering both financial stability and future growth potential.
MOTIVATED SELLERS!
Property Details
Price:
$6,000,000
MLS #:
SR26013068
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
c20hollywood
Listed Date:
Jan 19, 2026
Lot Size:
19,114 sqft / 0.44 acres (approx)
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Schools
Interior
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Financial
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Community
- Address5301 Sierra Vista Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90029
Subdivisions in Los Angeles
Market Summary
Current real estate data for Land in Los Angeles as of Feb 02, 2026
413
Land Listed
134
Avg DOM
$1,542,073
Avg List Price
Property Summary
- 5301 Sierra Vista Los Angeles CA is a Land for sale in Los Angeles, CA, 90029. It is listed for $6,000,000 and features 0 acres.
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Courtesy of Ed Koenig IRE. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.5301 Sierra Vista
Los Angeles, CA