5301 Sierra Vista Ave
Los Angeles, CA 90029 East Hollywood

5301 Sierra Vista Avenue has great future development potential.  It provides near-term community benefit and long-term urban development opportunity.

CURRENT USE: The site is vacant and 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 – 3.88% 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.