5530 La Mirada AVE, Los Angeles, CA 90038
- $5,750,000
Listed by Tigran Bakchagyan, 408-887-4963 from KW Silicon City
(If provided) CoList: Ashkon Jadali from KW Silicon City
- List Price
- $5,750,000
- Price Change
- ▼ $500,000 1786355531
- MLS#
- ML82053579
- Status
- ACTIVE
- Zoning
- LAR3
- Lot Size
- 19,836
Property Description
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.
/u.realgeeks.media/mbaronrealestate/Square_Logo.png){kind=logo}
Additional Information
- Development Status
- Other - Call Listing Agent
- Fence
- Fenced
- Lot Description
- Grade - Level
- Lot Size
- 19,836
- Other Utilities
- Electricity - Available at Street, Gas - Available at Street, Public Utilities
- Parcel Access
- City Street, Paved Road
- Present Use
- Other
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- LAR3
Mortgage Calculator
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Bailey Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2026 MLSListings Inc. All rights reserved