3043 La Brea Avenue, Los Angeles, CA 90016
  • MLS#: 24436673 ( )
  • Street Address: 3043 La Brea Avenue
  • Viewed: 1
  • Price: $10,995,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1948
  • Bldg sqft: 0
  • Days On Market: 70
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90016
  • Provided by: CB Richard Ellis, Inc.
  • Contact: Michelle R. Michelle R.
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Pleased to offer for sale a prime Jefferson Corridor TOD opportunity in West Adams, located on S La Brea Avenue and S Orange Drive. Bordered by Culver City to the West, South of LACMA and Northeast of Silicon Beach on Jefferson, the Jefferson Corridor has launched an impressive array of redevelopment projects, which have firmly established the thoroughfare as a vibrant commercial, tech, entertainment and mixed use district. Centered at the apex of the Corridor and 1/2 block from the Metro EXPO Blue Line, the 2 parcels consist of approximately 39,901 square feet of land (pursuant to the Assessors records) and approximately 11,701 square feet of building, which is currently the home to a successful 7 decades old family owned business. The Jefferson Corridor stretches from Santa Monica to the University of Southern California, with the Metro EXPO Blue Line, often referred to as the "Subway to the Sea," directly connecting the beach communities to the intersection of business, entertainment, and culture. The offered property is surrounded by an impressive array of innovative global market leaders and state of the art projects including: Amazon Studios, Warner Media, HBO, Whole Foods, The Grove LA, Cumulus, Baby to Baby, Wrapper, the enchantment of Exposition Park, Sony Pictures, and the new Apple Campus, among others. ln addition to the entities mentioned above, the Jefferson Corridor provides access to a host of new regional amenities, including the new 22,000 seat Banc of California Stadium and the soon to open, Star Wars Museum: George Lucas Museum of Narrative Art (2023), both of which demonstrate the City's overall commitment to the area's economic enrichment. This exceptional location represents a highly strategic redevelopment opportunity.
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Features
Building Area Total
  1. 7335.00
Country
  1. US
Parcel Number
  1. 5049032057
Postalcodeplus4
  1. 3903
Year Built
  1. 1948
Zoning
  1. LAC1.5