No photo
3043 South La Brea Avenue Los Angeles, CA $ 10,995,000
3043 South La Brea Avenue
$ 10,995,000
Recently Listed
Share Save

3043 South La Brea Avenue

Los Angeles, CA, 90016
$ 10,995,000
Baths0.0

Monthly Estimate*

$ 65,850

Studio

Commercial Property for sale in Los Angeles, CA

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.

See more

Commercial Active

Price

$ 10,995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1948

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024436673

Features
General
Zoning 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
See more
Exterior
Lot Size Area 32712.0
Lot Size Acres 0.0
Land Lease Type Fee
See more
Interior
Total Baths 0
See more
* Excluded Features
List By
Michelle R. Esquivel-Hart

Listing Agent

Cb Richard Ellis, Inc.

Broker

Affordability Calculator

$65,850
Per Month
100%
0%
0%
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

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/6/2024$10,995,000 Listed Price

Map


See all

3043 South La Brea Avenue, Los Angeles, CA, 90016 is a Commercial Property for sale at $10,995,000. 3043 South La Brea Avenue is a studio with 0.0 baths and was built in 1948. The property's zip code is 90016 which is in Los Angeles, CA