5301 Sierra Vista Ave - E. Hollywood Land Lease w/ Future Development 0.44 Acres of Commercial Land Offered at $8,339,940 CAD in Los Angeles, CA 90029

5301 Sierra Vista Avenue, East Hollywood, highlighting its current use, income characteristics, and future development potential, along with an introduction to the surrounding neighborhood. The information is intended for public and stakeholder review and reflects a balanced view of near-term community benefit and long-term urban development opportunity. 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. TWO-PHASE OPPORTUNITY: Phase One: Secure, City-backed lease income Phase Two: Potential 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. Projected Annual Income & Cap Rates • 2026: $210,900 – 2.34% CAP Rate • 2027: $414,060 – 5.76% CAP Rate • 2028: $419,807 – 5.86% CAP Rate • 2029: $431,474 – 6.10% CAP Rate • 2030: $437,394 – 6.15% CAP Rate This structured escalation provides predictable cash flow while reducing holding costs during the planning and entitlement phase.