601 S La Brea Avenue Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90036
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL25577603
HOA Y/N No
Lot Size 9,885 Sqft
Acres 0.23
Property Sub-Type Unimproved Land
Property Description
Prime redevelopment opportunity! ~9,888 SF corner lot, steps from the Wilshire/La Brea Metro Station (anticipated Q4 2025). High visibility, Located in the CHIP Transit Oriented Incentive Area (TOIA) 3 and Opportunity Corridor Incentive Area OC-3, offering additional housing incentives. This corner lot has potential for an 8-story mixed-use development with up to 90 units and 4,200 SF of retail space and/or restaurant (subject to buyer verification). As a vacant lot, there are no existing tenants to relocate or replace. Situated in the heart of Los Angeles' vibrant Miracle Mile, 601 S. La Brea Avenue offers a rare ~9,888-square-foot corner lot in one of the city's most dynamic and high-traffic corridors. Located steps from the upcoming Wilshire/La Brea Metro Station (expected to open in Fall 2025), this prime vacant parcel benefits from exceptional visibility, with over 75,000 vehicles per day and significant pedestrian traffic. Surrounded by Hollywood, West Hollywood, Melrose, Fairfax, Hancock Park, Beverly Grove, and Koreatown, the site is immersed in a bustling hub of mixed-use developments, Class-A offices, and premier retail and dining destinations like Republique and Leopardo. Positioned within a Transit Oriented Communities (TOC) Tier 4 zone, and designated Tier 3 under th
Location
State CA
County Los Angeles
Zoning LAC2
Interior
Fireplace No
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 5508007014