5642 La Mirada AVE #1 new

Los Angeles,CA 90038

$ 1690000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25600193

Year Built 1916

Lot Size 7,013 Sqft

Property Description

Hollywood Development Opportunity with Plans for 49 Units Located in the heart of Hollywood, this R3-1 zoned property within an Opportunity Zone offers a premier investment and development opportunity. Current plans envision a five-story building with 49 one-bedroom affordable housing units. Charming Hollywood Craftsman Home with Endless Potential Step inside this rare two-story Craftsman home featuring a classic front porch, cozy fireplace, and abundant natural light. Full of character and timeless appeal, this home offers both comfort today and potential tomorrow. The R3-1 zoned lot provides room to grow in one of LA's most vibrant neighborhoods just minutes from world-famous studios, trendy restaurants, entertainment, and convenient transit options. Nearby Hollywood Development Just a minute's drive from the property, Echelon Studios Hollywood is a modern 600,000sq.ft. studio campus with soundstages, offices, and creative spaces, designed to support content creation and collaboration. The project is expected to be completed in mid-2026, further enhancing the neighborhood's growth and investment potential. Don't miss this chance to own a piece of Hollywood charm with development possibilities!

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR3

Building

Story 2

Others

Special Listing Condition Standard

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