5301 Sierra Vista Los Angeles, CA $ 6,000,000
5301 Sierra Vista
$ 6,000,000
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5301 Sierra Vista

Los Angeles, CA, 90029
$ 6,000,000
Baths0.0

Monthly Estimate*

$ 36,943

Listed by Ed Koenig IRE
5301 Sierra Vista, Los Angeles, CA 90029 - Image 1
5301 Sierra Vista, Los Angeles, CA 90029 - Image 2
5301 Sierra Vista, Los Angeles, CA 90029 - Image 3
5301 Sierra Vista, Los Angeles, CA 90029 - Image 4
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Studio

Lots and Land for sale in Los Angeles, CA

for $6,000,000. The lot size is 0.4388.

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!

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Lots and Land Active

Price

$ 6,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Lot Size

0.4388

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR26013068

Days on Market

1

Features
General
Zoning C2 – RD1.5
HOA Fee 0
View None
Current Use See Remarks Unimproved
Community Features Urban
County Los Angeles
New Construction false
Property Type Land
HOA false
Possible Use Multi-Family See Remarks
Special Listing Conditions Standard
Status Active
Directions Near Western and Santa Monica Blvd.
City Los Angeles
Senior Community Y/N false
MLS Area C20 - Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 19114
Listing Terms Cash Cash to New Loan Submit
Land Lease Y/N false
Additional Parcels Y/N false
Standard Status Active
Tax Lot 33
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Exterior
Lot Features 0-1 Unit/Acre
Water Source Public
Lot Size Area 19114
Lot Size Acres 0.4388
Lot Size Source Assessor
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* Excluded Features
List By
Ed Koenig Ire

Broker

ed@edkoenig.com

Email

Affordability Calculator

$36,943
Per Month
100%
0%
0%
Monthly Principal & Interest
$36,943
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/19/2026$6,000,000 Listed Price

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5301 Sierra Vista, Los Angeles, CA, 90029 is a Lots and Land for sale at $6,000,000 with a lot size of 0.4388. 5301 Sierra Vista is a studio with 0.0 baths. The property's zip code is 90029 which is in Los Angeles, CA