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  • 5301 Sierra Vista

5301 Sierra Vista, Los Angeles, CA 90029

$6,000,000 Approx. USD 0 beds, 0 baths
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Photo of Scott Waid

Scott Waid REALTOR® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Text Me
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Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
Phone: 858-487-3520
Fax: 858-451-0932
 Rancho Bernardo 16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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Fax: 858-451-0932
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Listing Agent


Edgar Koenig | ed@edkoenig.com
Lic#: 00831815
Broker: Courtesy of Ed Koenig IRE
Phone: 818-755-8088

Co Listing Agent


Verzhine "Gina" Uzunyan | guzunyan@gmail.com
Lic#: 00984953
Broker: Courtesy of Koenig Properties
Phone: 818-521-8088

Agent Remarks

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 Details

Property type: (Lots/Land)
Status: Active
MLS# SR26013068
Price: $6,000,000
HOA Fee is $0.00
Beds: 0
Baths: 0
0.44 acres
Lot size: 0.4388
County: Los Angeles
Zoning: C2 – RD1.5
Lot description: ZeroToOneUnitAcre
MLS area: C20 - Hollywood

Last Updated: 6/11/2026

 Days On Market (DOM): 152

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This listing belongs to the C20 - Hollywood MLS area

Lat/Long: 34.090235, -118.306902.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Scott Waid

Scott Waid REALTOR® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Text Me
Call My Cell
Call My Office
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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