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$6,000,000

  • For Sale
  • Active
  • Lots/Land
  • 0.4388 Acres
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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!

Full Property Details for 5301 Sierra Vista

General

  • Price: $6,000,000
  • Status: Active
  • Type: Lots/Land
  • Source: MRMLS
  • MLS ID: SR26013068
  • Updated: 1/19/2026
  • Days on Market: 49 days
  • Added to Site: 49 day(s) ago

Location

  • Area: C20 - Hollywood
  • County: Los Angeles
  • Development Name: C20 - Hollywood
  • Driving Directions: Near Western and Santa Monica Blvd.

Utilities

  • Water: Public

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.4388
  • Lot Size (Sq. Ft.): 19,114
  • Lot Size Source: Assessor
  • Present Use: See Remarks, Unimproved
  • Potential Use: Multi-Family, See Remarks
  • Zoning: C2 – RD1.5
  • Lot Description: Urban

Financial Considerations

  • Price Per Sq. Ft.: $313.91

Listed by Ed Koenig IRE, Edgar Koenig and Koenig Properties, Verzhine "Gina" Uzunyan

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Listing agents

— 5301 Sierra Vista —

  • Edgar Koenig

    Ed Koenig IRE

  • Verzhine "Gina" Uzunyan

    Koenig Properties

818-903-8088

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5301 Sierra Vista

School District:Los Angeles Unified School District
NameGradesDistance
Kingsley Elementary School, Los Angeles, CA
5200 Virginia Avenue, Los Angeles, CA 90029
K-50.2 mi
Joseph Le Conte Middle School
1316 N. Bronson Ave., Los Angeles, CA 90028
6-80.7 mi
STEM Academy at Bernstein High
1309 N. Wilton Pl., Los Angeles, CA 90028
9-120.6 mi
Helen Bernstein High School
1309 N. Wilton Pl., Los Angeles, CA 90028
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5301 Sierra Vista Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/19/2026
Listed
$6,000,000
1626.62%
MLS
2/21/2023
Sold
$347,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5301 Sierra Vista

Year
Property Taxes
Change
Tax Assessment
Change
2025
$38,225
1%
$2,602,612
2%
2024
$37,915
25%
$2,551,581
2%
2023
$30,218
5%
$2,501,550
2%
2022
$28,800
1%
$2,452,500
2%
2021
$28,469
-1%
$2,404,412
1%
2020
$28,772
1%
$2,379,758
2%
2019
$28,497
4%
$2,333,097
2%
2018
$27,395
2%
$2,287,350
2%
2017
$26,791
864%
$2,242,500
875%
2016
$2,780
1%
$230,056
2%
2015
$2,739
-1%
$226,601
2%
2014
$2,756
—
$222,163
—
2013
$2,750
—
$221,159
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5301 Sierra Vista

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Ed Koenig IRE, Edgar Koenig and Koenig Properties, Verzhine "Gina" Uzunyan

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Listed by Sally Greene (CalRE#: 02028736)
Sold by Robert Ramos (CalRE#: 01931801)

5301 Sierra Vista, Los Angeles, CA 90029 (MLS# SR26013068) is a Lots/Land property with a lot size of 0.4388 acres. 5301 Sierra Vista is currently listed for $6,000,000 and was received on January 19, 2026. Want to learn more about 5301 Sierra Vista? Do you have questions about finding other Lots/Land real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.

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