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 Details
Price:
$6,250,000
MLS #:
ML82053579
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Listed Date:
Jul 8, 2026
Lot Size:
19,836 sqft / 0.46 acres (approx)
See this Listing
Schools
School District:
Los Angeles Unified
Interior
Exterior
Financial
Map
Community
- Address5530 La Mirada AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90038
Subdivisions in Los Angeles
Market Summary
Current real estate data for Land in Los Angeles as of Jul 14, 2026
456
Land Listed
177
Avg DOM
$1,502,586
Avg List Price
Property Summary
- 5530 La Mirada AV Los Angeles CA is a Land for sale in Los Angeles, CA, 90038. It is listed for $6,250,000 and features 0 acres.
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