Prime Hollywood Development
For Sale
$9,800,000
1741 N La Brea Ave, Los Angeles, CA 90046
LAND - Los Angeles, CA
Property Size9,000 SF
Lot Size0.92 Acres
Price / SF$1,088
Days on Market387
Property Features for 1741 N La Brea Ave
General Information
Property type
Land
Property subtype
Other
Zoning
LAR3
Lot features
Value In Land, Street Concrete, Sidewalks, Lot Shape- Rectangular, Lot- Level/ Flat, Fenced
Directions
1741-51 La Brea Ave between Hollywood Blvd & Franklin Ave
Subdivision
Hollywood Hills East
Standard status
Active
APN
5548-001-008
Size
9,000 SF
Lot size
0.92 Acres
Taxes and HOA fees
Tax Description
5548-001-008
Legal Description
5548-001-008
Listing Agency:
Keller Williams Encino/Sherman Oaks · Keller Williams Realty
(818) 475-3575
Listed By:
Mitchell Bravo · License #00602538
(310) 487-0707
Added: Jul 31, 2025
Changed: May 19
Last Checked: Aug 21 at 5:06PM
MLS# 25572993
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 0.92-acre property, located at 1741-1751 N. La Brea Avenue in Los Angeles, CA, presents a development opportunity in the heart of Hollywood. The site is a gated parking lot with over 90 spaces, offering potential as an EV charging site. The existing improvements include an approximately 9,000+ SF building featuring a ballroom with a legal capacity of 300, an outer lounge with a capacity of 150, and a full commercial kitchen. The property is zoned LAR3 and is suitable for a wedding venue, nightclub, restaurant, or redevelopment. The flat, buildable parcel with wide La Brea frontage 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. The property offers outstanding potential for multifamily, mixed-use, or boutique hotel development.
Key Highlights
- Prime Hollywood location near 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,227
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Parking lot & garage - Large lot suitable for development in a prime Hollywood location.
Where is this parking lot & garage 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 $9,800,000.
What are key features of this property?
This property features: Prime Hollywood location near 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.
