Commercial
133 N La Brea Ave, Los Angeles, CA 90036
133 N La Brea Ave, Los Angeles, CA 90036
Listing Price: $1,250,000
Investment Overview
133 N La Brea Avenue is offered for sale on a portfolio basis with 141 N La Brea Avenue, a separately listed 5,200 SF two-story Spanish Revival restaurant, bar, and lounge located two parcels north on the same block. Together, the properties create a rare La Brea corridor offering: a fully built-out hospitality asset paired with a strategic parking, land, and billboard parcel nearby.
133 N La Brea consists of approximately 4,190 SF of level, rectangular C2-1VL land with roughly 40 feet of frontage on N La Brea Avenue. The site is currently improved as an approximately 12-stall surface parking lot with direct alley access and an existing Clear Channel billboard that generates passive in-place income. With no structures to demolish, the parcel offers immediate utility and long-term flexibility in one of Los Angeles’s most parking-constrained commercial corridors.
The property provides three clear value paths: hold for parking and billboard income, lease or sell as dedicated patron parking for the 141 N La Brea restaurant operation, or redevelop the site outright. Located between Beverly Boulevard and 3rd Street, the parcel benefits from proximity to the Metro D Line Wilshire/La Brea station, LACMA’s David Geffen Galleries, Television City, District La Brea, The Grove, and the surrounding La Brea retail, hospitality, and cultural corridor.
133 N La Brea Ave, Los Angeles, CA 90036
Investment Highlights
- Rare La Brea Land Parcel: 4,190 SF C2-1VL land parcel with in-place parking and billboard income.
- Multiple Value Paths: Hold for income, lease to 141 as dedicated parking, or redevelop.
- Prime Corridor Catalysts: Steps from the Metro D Line, LACMA's Geffen Galleries, and Television City.
Exclusively Listed By
Listing Price: $1,250,000
Investment Highlights
- Rare La Brea Land Parcel: 4,190 SF C2-1VL land parcel with in-place parking and billboard income.
- Multiple Value Paths: Hold for income, lease to 141 as dedicated parking, or redevelop.
- Prime Corridor Catalysts: Steps from the Metro D Line, LACMA's Geffen Galleries, and Television City.
Investment Overview
133 N La Brea Avenue is offered for sale on a portfolio basis with 141 N La Brea Avenue, a separately listed 5,200 SF two-story Spanish Revival restaurant, bar, and lounge located two parcels north on the same block. Together, the properties create a rare La Brea corridor offering: a fully built-out hospitality asset paired with a strategic parking, land, and billboard parcel nearby. 133 N La Brea consists of approximately 4,190 SF of level, rectangular C2-1VL land with roughly 40 feet of frontage on N La Brea Avenue. The site is currently improved as an approximately 12-stall surface parking lot with direct alley access and an existing Clear Channel billboard that generates passive in-place income. With no structures to demolish, the parcel offers immediate utility and long-term flexibility in one of Los Angeles’s most parking-constrained commercial corridors. The property provides three clear value paths: hold for parking and billboard income, lease or sell as dedicated patron parking for the 141 N La Brea restaurant operation, or redevelop the site outright. Located between Beverly Boulevard and 3rd Street, the parcel benefits from proximity to the Metro D Line Wilshire/La Brea station, LACMA’s David Geffen Galleries, Television City, District La Brea, The Grove, and the surrounding La Brea retail, hospitality, and cultural corridor.
Exclusively Listed By
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