5530 La Mirada Avenue, Los Angeles, CA 90038

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.

Listing Status:

Active

Date Added:

July 8, 2026

Data Last Updated:

August 24, 2026 at 5:16PM

Listing Office:

KW Silicon City : (408) 755-5972

Listing Agent:

Tigran Bakchagyan : 408-887-4963

MLS ID:

ML82053579

Exterior

• Parking: Parking spaces: 0

Location

• Originating MLS: CRMLS_MLSL
• School District: Los Angeles Unified
• County: Los Angeles

Lot

• Zoning: LAR35536003019

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_MLSL