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5452 Laurel Canyon Blvd - 5452 & 5434 Laurel Canyon Blvd, Valley Villag 0.8 Acres of Commercial Land Offered at $12,900,000 in Valley Village, CA 91607

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INVESTMENT HIGHLIGHTS

  • Prime infill corner lot in Valley Village
  • Streamlined approval for 100% affordable housing
  • ±220 residential units + ±6,000 SF retail (proposed)

EXECUTIVE SUMMARY

This ±0.80-acre flat, development-ready corner parcel is located at the high-traffic intersection of Laurel Canyon Blvd and Albers Street in the Valley Village neighborhood of Los Angeles. With Executive Directive 1 (ED1) eligibility, the site supports a 7-story mixed-use development featuring approximately 220 affordable housing units and 6,000 SF of ground-floor retail.
The lot benefits from exceptional street frontage along a major commercial corridor with 31,821 vehicles per day (VPD) on Laurel Canyon Blvd, providing high visibility and foot traffic. It is situated just off the Chandler Blvd Transit Corridor, offering strong regional connectivity via nearby Metro stations.
As a transit-oriented infill parcel, it qualifies for CEQA streamlining under AB 130 and SB 131, reducing entitlement risk and accelerating permitting. The surrounding area is a walkable, amenity-rich urban environment with shops, restaurants, schools, and parks—ideal for long-term community integration and value creation.

PROPERTY FACTS

Price $12,900,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.80 AC
Zoning ED1 Eligable - Executive Directive 1 (Affordable Housing Overlay)

1 LOT AVAILABLE

Lot

Price $12,900,000
Price Per AC $16,125,000.00
Lot Size 0.80 AC

Flat 0.80-acre ED1-qualified corner lot at Laurel Canyon & Albers St. Ideal for ±220 affordable units + 6,000 SF retail. High-traffic area near transit corridor with CEQA streamlining for fast-track mixed-use development.

DESCRIPTION

Unentitled ±220 Unit Mixed-Use Development Site in Prime Valley Village AiCRE Partners presents a unique ED1-qualified opportunity at the corner of Laurel Canyon Blvd and Albers St, one of the busiest intersections in Valley Village, CA. This ±0.80-acre flat site is located in a high-demand, transit-oriented zone, ideal for developing up to ±220 affordable housing units with 6,000 SF of ground-level retail. Positioned between the NoHo Arts District and Studio City and just off the Chandler Blvd Transit Corridor, the property benefits from the CEQA streamlining under AB 130 and SB 131, enabling developers to significantly reduce entitlement time and risk. Perfect for mission-driven developers and impact investors focused on LA's housing crisis, this development-ready site offers strong potential returns in one of the city’s most supply-constrained submarkets.

Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 2348-014-039
  • 2348-014-031
Land Assessment
$3,093,501
Improvements Assessment
$1,044,997
Total Assessment
$4,138,498
  • Listing ID: 37112878

  • Date on Market: 8/4/2025

  • Last Updated:

  • Address: 5452 Laurel Canyon Blvd, Valley Village, CA 91607

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