5432 Virginia Avenue

Shovelready RTI ReadytoIssue 65unit apartment development in East Hollywood Building and grading permits issued December 2025 Approved for 65 units 31 studios and 34 onebedrooms across a sixstory building totaling approximately 48525 buildable SF on a combined approximately 14992 SF lot two parcels APN 5536010009 and 5536010010 Fourteen indoor recreation rooms can convert to ADUs for a path to 7981 units Entitled under R41VL with Tier 3 TOC 451 FAR 67ft height and zero required parking under AB 2097 CEQAexempt SB 35 byright with no discretionary hearings remaining Predominantly market units with a modest Extremely Low Income ELI affordable setaside Located within a federal Opportunity Zone Walking distance to the VermontSanta Monica Metro B Line minutes from Kaiser Permanente Childrens Hospital LA Silver Lake and Virgil Village Blocks from the Echelon Studios megadevelopment Complete plan set and construction pricing available A permitready basis for an apartment developer or groundup multifamily buyer The site is vacant and cleared all prior structures have been demolished leaving a flat developmentready lot All information is from sources deemed reliable but is not guaranteed the property is offered strictly ASIS WHEREIS with all faults and no representation or warranty of any kind Buyer is solely responsible for its own independent due diligence and for verifying all information and claims including entitlements RTI status permits plans zoning unit counts square footages lot size soils and development potential Buyer assumes all risk