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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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5530 La Mirada Avenue, Los Angeles – $5,750,000

  • $5.8M Price
  • .46 Acres
  • 43 DOM
  • $5.8M Price
  • .46 Acres
  • 43 DOM

5530 La Mirada Avenue

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.

Essential Information

  • MLS® #ML82053579
  • Price$5,750,000
  • Bathrooms0.00
  • Acres0.46
  • TypeLand
  • StatusActive

Community Information

  • Address5530 La Mirada Avenue
  • CityLos Angeles
  • CountyLos Angeles
  • Zip Code90038

Exterior

  • Lot DescriptionLevel

School Information

  • DistrictLos Angeles Unified

Additional Information

  • Date ListedJuly 8th, 2026
  • Days on Market43
  • ZoningLAR3

Listing Details

  • AgentTigran Bakchagyan
  • OfficeKW Silicon City
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Price Change History for 5530 La Mirada Avenue, Los Angeles, (MLS® #ML82053579)

Date Details Change
Price Reduced from $6,250,000 to $5,750,000 $500,000 (8.00%)

Tigran Bakchagyan, KW Silicon City.

Based on information from California Regional Multiple Listing Service, Inc. as of August 20th, 2026 at 11:52am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.