3043 South La Brea Avenue
Los Angeles, CA, 90016 $ 10,995,000
Baths0.0 Monthly Estimate*
$ 65,850
Studio
for $10,995,000. This building was built in 1948.
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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FeaturesGeneralZoning LAC1.5
Year Built 1948
County Los Angeles
Property Type F
Status Active
City Los Angeles
MLS Area C16 - Mid Los Angeles
Lot Size Square Feet 0.0
Standard Status Active
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ExteriorLot Size Area 32712.0
Lot Size Acres 0.0
Land Lease Type Fee
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* Excluded FeaturesList ByMichelle R. Esquivel-HartListing Agent
Cb Richard Ellis, Inc.Broker
Affordability Calculator
- Monthly Principal & Interest
- $65,850
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Los Angeles, CA
Average List Price $3,356,963
Percent of Sale Price 69%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
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9/6/2024 | $10,995,000 | | Listed Price |