$10,995,000
3043 S La Brea Avenue
Los Angeles, CA, 90016
Property 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.
Property Details
Price:
$10,995,000
MLS #:
24436673
Status:
Active
Baths:
0
Address:
3043 S La Brea Avenue
Type:
Commercial
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Sep 6, 2024
State:
CA
ZIP:
90016
Year Built:
1948
Schools
Interior
Exterior
Parking Spots
0.00
Financial
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Courtesy of CB Richard Ellis, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
3043 S La Brea Avenue
Los Angeles, CA
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