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5430 Virginia Avenue, Los Angeles, CA 90029

Local realty services provided by:CENTURY 21 Village Realty
5430 Virginia Avenue,Los Angeles, CA 90029
$4,990,000
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  • 0.34 Acres
  • Lots / Land
  • Active
Listed by: shie alony
Office: rodeo realty
MLS#:26636257
Source:CRMLS

Price summary

  • Price:$4,990,000

About this home

***Seller Financing & Joint Venture Available*** Calling all Developers and Builders! A beautiful development opportunity awaits you. Build a brand-new apartment building on a double-lot development site in the renowned Hollywood Studio District. Property is situated in a Qualified Opportunity Zone, potentially offering tax benefits to the savvy investor. Conveniently located near the 101 Freeway and several Metro lines, making travel to your favorite destinations much easier! Architectural plans call for a 6-story contemporary design featuring 65 apartment residences and 14 recreation rooms (for possible ADU conversions), with one level of semi-subterranean parking only. Ready-to-Issue permits are included, allowing the builder to start construction and save valuable years and excessive frustration often associated with the entitlement process. If you're ready to make a bold statement on the local Hollywood skyline, then this project may be for you! Architectural plans and further

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Home facts

  • Listing ID #:26636257
  • Added:1 day(s) ago
  • Updated:January 26, 2026 at 08:32 PM

Structure and exterior

  • Lot area:0.34 Acres

Finances and disclosures

  • Price:$4,990,000
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Village Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Village Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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