5301 Sierra Vista
Los Angeles, CA 90029
19,114Sqft(Lot)
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 Inco
Property Details
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.4388 -
Lot Size Source: Assessor Lot Size Square Feet: 19114
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Listing Price Information
Original List Price: 6,000,000 Listing Contract Date: 2026-01-19 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5536024008
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Other Property Info
Source Listing Status: Active Source Neighborhood: C20 - Hollywood Directions: Near Western and Santa Monica Blvd. Zoning: C2 – RD1.5 Source Property Type: Land Area: C20 - Hollywood
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4632 Lexington Avenue #5, Los Angeles, CA, 90029 | $1,275,000 | -- | -- | -- | 8,269 Sqft(Lot) |
| 1165 N Berendo Street, Los Angeles, CA, 90029 | $985,000 | -- | -- | -- | 6,752 Sqft(Lot) |
| 1127 N Normandie, Los Angeles, CA, 90029 | $849,000 | -- | -- | -- | 5,352 Sqft(Lot) |
| 1022 N Ardmore Avenue, Los Angeles, CA, 90029 | $2,499,999 | -- | -- | -- | 8,917 Sqft(Lot) |
| 5432 Virginia Avenue, Los Angeles, CA, 90029 | $4,490,000 | -- | -- | -- | 14,992 Sqft(Lot) |
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ByOwner last updated this listing 06/18/2026 @ 14:53
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