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

1741 N La Brea Avenue, Los Angeles, CA 90046

The parcel combines a gated parking area with an existing building that includes event and food-service space.

Property SizeContact for details
Days on Market424

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: Velocityrealtysd
Added: Jul 31, 2025 Changed: Sep 26 Last Checked: Sep 26 at 9:45AM

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.

At 0.92 acres, this LAR3-zoned parcel has an existing building of approximately 9,000+ square feet, along with a gated parking area containing 90+ spaces. The building includes a ballroom with a stated legal capacity of 300, an outer lounge with capacity for 150, and a full commercial kitchen. The site has a flat configuration and wide frontage on La Brea Avenue.

Located at 1741 N La Brea Ave in Los Angeles, the property is identified for potential multifamily, mixed-use, boutique hotel, wedding venue, nightclub, or restaurant use. The surrounding area includes entertainment studios, restaurants, retail, and residential projects. Hollywood Boulevard, the Hollywood Walk of Fame, Dolby Theatre, TCL Chinese Theatre, and the Hollywood & La Brea shopping and entertainment complex are cited as nearby destinations.

Key Highlights

  • 0.92‑acre parcel zoned LAR3
  • Existing building of approximately 9,000+ SF
  • Gated parking area with 90+ 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
View Realmo Analytics

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 - The parcel combines a gated parking area with an existing building that includes event and food-service space.
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 zoned LAR3; Existing building of approximately 9,000+ SF; Gated parking area with 90+ spaces
More about this property
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