Listing Agency: a***@miprops.com Show Phone

Listed By: Alysha Stout · License #01815596 Show Phone

Source: Elliman

Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Jul 15 at 10:02PM

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Investment Insights

Based on property information with market context.

This is a buildable hillside lot in the Hollywood Hills. The property is located near single family dwellings and offers proximity to the 101, 5 and 134 freeways. Destination locations nearby include The Hollywood sign, Capital Records, Universal Studios, Griffith Park Observatory, Bronson Caves, American Film Institute, Hollywood Reservoir, the Hollywood Walk of Fame, and Sunset Blvd.

Key Highlights

• Buildable hillside lot in the Hollywood Hills
• Proximity to the 101, 5, and 134 freeways
• Near the Hollywood Sign

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Hair Salon Law Firm Auto Repair Shop Spa & Massage Center Building Supply Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

282

Businesses Nearby

Explore this area Business Placement

Demographics for 90068, CA

24,361

Population

14,662

Households

1.7

Avg Household Size

41

Median Age

64%

College-Educated

98%

High-School Grad

8.0 sq mi

ZIP Area

3,045

Density / Sq Mi

$101,720

Median Household Income

$71,370

Median Earnings

$2,105

Median Rent

$1,840,200

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Land - Buildable hillside lot in the Hollywood Hills neighborhood.

Where is this land located?

The property is located at 5894 Lorae Pl Los Angeles, CA.

What is the asking price?

The asking price for this property is $139,000.

What are key features of this property?

This property features: Buildable hillside lot in the Hollywood Hills; Proximity to the 101, 5, and 134 freeways; Near the Hollywood Sign