5301 Sierra VIS, Los Angeles, CA 90029 - MLS#CRSR26013068

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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Edgar Koenig • Ed Koenig IRE

$ 6,000,000

Est. payment | -/mo

0.44 Acres Lot

Save

$ 6,000,000

Est. payment | -/mo

Save

0.44 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR26013068

Lot Size 0.439 Acres

Property Sub-Type Other Residential Land

Source California Regional MLS

Property 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!

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning D0

Exterior

View None

Building

Water District - Public

Others

Tax ID 5536024008

Special Listing Condition Not Applicable

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 20

10

Valley View Elementary

Public | KG - 5
10

Ivanhoe Elementary

Public | KG - 5
9

Citizens of the World Charter

Public | KG - 8
9

Equitas Academy Charter

Public | KG - 5
8

Melrose Avenue Elementary School

Public | KG - 6
8

3rd Street Elementary School

Public | KG - 5
8

Larchmont Charter

Public | KG - 12
8

Queen Anne Place Elementary School

Public | KG - 5
8

Los Feliz STEMM Magnet School

Public | KG - 6
8

Hoover Street Elementary

Public | KG - 5
8

Franklin Avenue Elementary

Public | KG - 5
7

Gardner Street Elementary

Public | PK - 5
7

Cheremoya Avenue School

Public | PK - 6
7

Hollywood Primary Center

Public | KG - 3
7

Dr. Sammy Lee Medical and Health Science Magnet

Public | KG - 5
6

Wilshire Park Elementary

Public | KG - 5
6

Van Ness Avenue Elementary

Public | KG - 5
6

Kim Elementary School

Public | KG - 5
6

Cahuenga Elementary School

Public | KG - 5
6

Micheltorena Elementary

Public | KG - 5

Middle Schools 20

8

Rise Kohyang Middle School

Public | 6 - 8
6

John Burroughs Middle School

Public | 6 - 8
6

Virgil Middle School

Public | 6 - 8
6

Thomas Starr King Middle School

Public | 6 - 8
5

Pico Pico Middle School

Public | 6 - 8
4

Magnolia Science Academy 5

Public | 6 - 12
4

Bancroft Middle School

Public | 6 - 8
4

Joseph Le Conte Middle School

Public | 6 - 8
4

RFK Community Schools - Ambassador School of Global Leadership

Public | 6 - 12
4

Los Angeles Academy of Arts & Enterprise Charter

Public | 6 - 12
4

Vista Charter Middle School

Public | 6 - 8
2

Monsenor Oscar Romero Charter Middle School

Public | 6 - 8
1

Apex Academy

Public | 7 - 12
1

Berendo Middle School

Public | 6 - 8
1

Young Oak Kim Academy

Public | 6 - 8
1

John Liechty Middle School

Public | 6 - 8
1

Sal Castro Middle School

Public | 6 - 8
0

Aviva High School

Private | 7 - 12
0

The Episcopal School of los Angeles

Private | 6 - 9
0

Marlborough School

Private | 7 - 12

High Schools 20

8

John Marshall High School

Public | 9 - 12
7

Math and Science College Preparatory

Public | 9 - 12
7

STEM Academy of Hollywood

Public | 9 - 12
7

Central City Value

Public | 9 - 12
7

Camino Nuevo High No. 2

Public | 9 - 12
7

Alliance College-Ready Academy High No. 16

Public | 9 - 12
5

Hollywood High School

Public | 9 - 12
5

Belmont Sh-la Teacher Preparatory Academy

Public | 9 - 12
4

RFK Community Schools - Los Angeles High School of the Arts

Public | 9 - 12
3

Los Angeles High School

Public | 9 - 12
3

Belmont High School

Public | 9 - 12
1

Helen Bernstein High School

Public | 9 - 12
1

RFK Community Schools - School for the Visual Arts & Humanities

Public | 9 - 12
0

Bais Yaakov School for Girls

Private | 9 - 12
0

Yeshiva Gedolah of los Angeles

Private | 9 - 12
0

Yeshiva Ohr Elchonon Chabad - West Coast

Private | 9 - 12
0

Bnos Devorah High School

Private | 9 - 11
0

Bishop Conaty-Our Lady of Loretto High School

Private | 9 - 12
0

Loyola High School

Private | 9 - 12
0

Canyon Oaks School

Private | 10 - 12

School and business data provided by Attom Data.

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

5301 Sierra VIS Los Angeles, CA 90029