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5530 La Mirada Avenue

Los Angeles, CA 90038
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SqFt19,836

Sqft(Lot)

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 ver ify 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.

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Detail Ic Property Details

Property Type : Land

Price : $5,750,000

AD Id : 89379582

MLS Id : ML82053579

Lot Size : 19,836 Sqft(Lot)

County : Los Angeles

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  • Lot Information

    Main Square Feet: 19836 Lot Size Acres: 0.4554 Lot Size Source: Assessor Lot Size Square Feet: 19,836 Lot Description: Level

  • Listing Price Information

    Listing Price: $5750000
    Original Price: $6250000

  • Tax Information

    Parcel Number: 5536003019

  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5725 Melrose Avenue, Los Angeles, CA, 90038 $1,573,000 -- -- -- 6,424 Sqft(Lot)

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ByOwner last updated this listing 08/11/2026 @ 13:31

MLS: ML82053579 LISTED BY: Tigran Bakchagyan, KW Silicon City 408-755-5972 SOURCE: CRMLS

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