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Commercial Land With Existing Improvements
For Sale
$9,800,000

1741 N La Brea Avenue, Los Angeles, CA 90046

LAR3-zoned parcel with gated parking and an existing building configured for events, dining, and entertainment uses.

Property SizeContact for details
Days on Market407

Property Features for 1741 N La Brea Avenue

General Information

Standard status Active
Property subtype LAND
Listing Agency: Keller Williams Encino/Sherman Oaks
Listed By: Mitchell Bravo · License #00602538
Source: Archetyperealty
Added: Jul 31, 2025 Changed: Sep 9 Last Checked: Sep 9 at 3:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Encino/Sherman Oaks

Investment Insights

Based on property information with market context.

This 0.92-acre commercial land parcel includes an approximately 9,000+ SF building and a gated parking area with 90+ spaces. Existing improvements include a ballroom with legal capacity for 300, an outer lounge accommodating 150, and a full commercial kitchen. The site is also described as flat and buildable, with potential for multifamily, mixed-use, or boutique hotel redevelopment.

The property is located at 1741 N La Brea Avenue in Los Angeles, just north of Hollywood Boulevard. Surrounding context includes entertainment studios, restaurants, retail, and new residential projects, with the Hollywood Walk of Fame, Dolby Theatre, TCL Chinese Theatre, and the Hollywood & La Brea Shopping and Entertainment Complex identified nearby. Zoning is LAR3, and the source materials identify wedding venue, nightclub, and restaurant uses as potential applications.

Key Highlights

  • 0.92‑acre parcel with over 40,000 SF of land
  • Approximately 9,000+ SF existing building
  • 90+ gated parking spaces

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Mobile Phone Store Supermarket Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,227
Businesses Nearby

Demographics for 90046, CA

49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - LAR3-zoned parcel with gated parking and an existing building configured for events, dining, and entertainment uses.
Where is this commercial land located?
The property is located at 1741 N La Brea Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $9,800,000.
What are key features of this property?
This property features: 0.92‑acre parcel with over 40,000 SF of land; Approximately 9,000+ SF existing building; 90+ gated parking spaces
More about this property
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