Los Angeles, CA 90038,5642 La Mirada AVE #1
Los Angeles, CA 90038,5642 La Mirada AVE #1
Los Angeles, CA 90038,5642 La Mirada AVE #1
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Terrance Scotton

Terrance Scotton

+1(626) 788-9299
$1,710,000
Est. payment /mo
7,013 Sqft Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25600193

HOA Y/N No

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

Interior

Fireplace No

Exterior

Total Parking Spaces 2

Building

Story 2

Others

Tax ID 5536004010

Special Listing Condition Standard

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CRMLS – RECore
Listed by Hamid Nejad Keller Williams Realty Calabasas

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Terrance Scotton

Terrance Scotton

+1(626) 788-9299

Real Estate Broker and Mortgage Broker | License ID: 01707848 NMLS: 908256

Real Estate Broker and Mortgage Broker License ID: 01707848 NMLS: 908256

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