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$10,995,000

226 Days On Site

3043 S La Brea Avenue
Los Angeles, CA 90016

For Sale|Commercial Sale|Active
0

Beds
0

Full Baths
0

Partial Baths
7,335

SqFt
$1,499

/SqFt
1948

Built
County:
Los Angeles
Listed by Michelle R. Esquivel-Hart of CB Richard Ellis, Inc. [email protected]

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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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Listing Snapshot
Price 
$10,995,000
Days On Site 
226 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,335 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.751 Acres
Year Built 
1948
MLS® Number 
24436673
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days ago Listing updated with changes from the MLS®
7 months ago Listing first seen on site
General Features
Acres 
0.751
Special Circumstances 
Standard
SqFt Total 
7335
Zoning 
LAC1.5

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Community Features
MLS Area 
C16 – Mid Los Angeles

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore

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