5301 Sierra Vista, Los Angeles, California 90029

  • $6,000,000
5301 Sierra Vista, Los Angeles, CA 90029
Active
5301 Sierra Vista, Los Angeles, California 90029
5301 Sierra Vista, Los Angeles, CA 90029
  • $6,000,000

Description

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!

  • Address 5301 Sierra Vista
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90029
  • Country US

Details

Updated on January 19, 2026 at 10:17 pm
  • Property ID: SR26013068
  • Price: $6,000,000
  • Land Area: 0.4388 Acres
  • Property Type: Land
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Cash to New Loan, Submit
  • County: Los Angeles
  • Property Type: Land
  • Community Features: Urban

Contact Information

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Hoyt Hochman

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  • Hoyt Hochman