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Lot/land
  • $6,250,000

    5530 La Mirada Ave, Los Angeles, CA 90038

    --beds
    --baths
    0.46Acres
    Residential Development Land, Unimproved Land
    Built in ----
    0.46 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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 A±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.
    17 days
    |
    55
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tigran Bakchagyan 02058664 408-887-4963,

    KW Silicon City 408-755-5972,

    Ashkon Jadali 01940242 408-455-3387,

    KW Silicon City

    Source: MLSListings Inc,MLS#: ML82053579MLS Logo

      Facts & features

      Property

      Lot
      • Size: 0.46 Acres
      • Features: Level
      Details
      • Additional structures: None
      • Parcel number: 5536003019
      • Zoning: LAR3
      • Special conditions: Standard

      Utilities & green energy

      • Gas: GasAvailableatStreet, PublicUtilities
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Public Utilities, Water Public

      Community & HOA

      Location
      • Region: Los Angeles

      Financial & listing details

      • Tax assessed value: $1,264,800
      • Date on market: 7/8/2026
      • Listing agreement: ExclusiveAgency

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,267/mo

        Price history

        DateEventPrice
        7/9/2026Listed for sale$6,250,000+13.6%
        Source: MLSListings Inc #ML82053579 Report a problem
        3/10/2020Listing removed$5,500,000
        Source: Butlered Real Estate Brokerage #18397956 Report a problem
        10/15/2019Price change$5,500,000-13.7%
        Source: Butlered Real Estate Brokerage #18397956 Report a problem
        10/17/2018Listed for sale$6,375,000
        Source: Butlered Real Estate Brokerage #18397956 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2019-- $1,264,800 +519.2%
        2018$2,708 $204,270 +2%
        2017$2,708 +2%$200,265 +2%
        2016$2,655 +3%$196,339 +1.5%
        2015$2,577 +0.4%$193,391 +2%
        2014$2,567 $189,604 +2.5%
        2012-- $185,048 +2%
        2011-- $181,421 +2.5%
        2008-- $176,956 +2%
        2007-- $173,487 +2%
        2006-- $170,086 +4%
        2004-- $163,484 +1.9%
        2003-- $160,488 +2%
        2002-- $157,342 +4%
        2000-- $151,235
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Hollywood

        Getting around

        90 / 100
        Walker's Paradise
        62 / 100
        Good Transit
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: LosAngelesUnified

        Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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