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    1741 N La Brea Ave Los Angeles, CA 90046

    New
    For Sale
    $11,500,000

    LAND - Los Angeles, CA

    Lot size:
    0.92 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 1741 N La Brea Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    LAR3
    APN
    5548-001-008
    Lot size
    0.92 Acres

    Keller Williams Encino/Sherman Oaks (818) 475-3575 [email protected]

    Listing agent Mitchell Bravo (818) 475-3575 License #00602538

    Listing date Dec 14, 2025

    MLS# 25572993 Listing URL

    Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Hollywood Development Site

    This 0.92-acre site in the heart of Hollywood presents a development opportunity. Zoned LAR3, the property includes an existing 9,000+ SF building that features a ballroom with a legal capacity of 300, an outer lounge with a capacity of 150, and a full commercial kitchen. A gated parking lot provides 100 spaces, with potential for EV charging. Ideal uses include a wedding venue, nightclub, or restaurant. The site also offers redevelopment potential for multifamily, mixed-use, or boutique hotel projects. The flat, buildable parcel has wide frontage on La Brea Avenue. The property is surrounded by major entertainment studios, restaurants, retail, and new residential projects. It is located just north of Hollywood Boulevard and steps from the Hollywood Walk of Fame, Dolby Theatre, TCL Chinese Theatre, and the Hollywood & La Brea Shopping and Entertainment Complex.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wedding venues

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.345894
    Latitude
    34.102913

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    FAQs

    What type of property is this?
    Wedding venue - 0.92 acre development site in the heart of Hollywood.
    Where is this wedding venue located?
    The property is located at 1741 N La Brea Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $11,500,000.
    What are key features of this property?
    This property features: - Prime Hollywood location, steps from the Hollywood Walk of Fame, Dolby Theatre, and TCL Chinese Theatre.; - Large 0.92-acre (40,000+ SF) development site.; - Zoning LAR3 allows for multifamily, mixed-use, or boutique hotel development.
    (818) 475-3575
    Request Owner's contact information
    1741 N La Brea Ave Los Angeles, CA 90046
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1741 N La Brea Ave Los Angeles, CA 90046
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