5432 Virginia Avenue, Los Angeles, CA 90029

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
5432 Virginia Avenue,Los Angeles, CA 90029
$4,450,000
Virtual Tour
  • 0.34 Acres
  • Lots / Land
  • Active
Listed by: ariel mossazadeh
Office: bessa properties, inc310-272-9847
MLS#:26844929
Source:CRMLS

Price summary

  • Price:$4,450,000

About this home

Shovel-ready, RTI (Ready-to-Issue) 65-unit apartment development in East Hollywood. Building and grading permits issued December 2025. Approved for 65 units (31 studios and 34 one-bedrooms) across a six-story building totaling approximately 48,525 buildable SF on a combined approximately 14,992 SF lot (two parcels: APN 5536-010-009 and 5536-010-010). Fourteen indoor recreation rooms can convert to ADUs for a path to 79-81 units. Entitled under R4-1VL with Tier 3 TOC: 4.5:1 FAR, 67-ft height, and zero required parking under AB 2097. CEQA-exempt (SB 35), by-right, with no discretionary hearings remaining. Predominantly market units with a modest Extremely Low Income (ELI) affordable set-aside. Located within a federal Opportunity Zone. Walking distance to the Vermont/Santa Monica Metro B Line; minutes from Kaiser Permanente, Children's Hospital LA, Silver Lake, and Virgil Village. Blocks from the Echelon Studios mega-development. Complete plan set and construction pricing available. A...

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Home facts

  • Listing ID #:26844929
  • Added:62 day(s) ago
  • Updated:August 11, 2026 at 11:09 AM

Structure and exterior

  • Lot area:0.34 Acres

Finances and disclosures

  • Price:$4,450,000
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