5301 Sierra Vista, Los Angeles, CA, 90029

0.44acre

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!

Listing agents:

Edgar Koenig

License #00831815

Ed Koenig IRE

Verzhine "Gina" Uzunyan

License #00984953

Koenig Properties

5301 Sierra Vista is a Land property located in Los Angeles, California, featuring a 0.439 acre lot, MLS #SR26013068.

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Data last modified: 2026-01-19 22:18:39