Two-Parcel Development
For Sale
Contact for pricing
2938-2942 S Orange Dr, Los Angeles, CA 90016
Two contiguous parcels totaling about 12,000 SF near the Metro E Line, zoned LAR3 with Tier 3 TOC positioning.
Property Size12,000 SF
Days on Market20
Property Features for 2938-2942 S Orange Dr
General Information
Standard status
Active
Size
12,000 SF
Property subtype
Land
Zoning
LAR3
Listing Agency:
COMMERCIAL BROKERS INTERNATIONAL
Listed By:
Luis Hernandez · License #02159334
Source:
Crexi
Added: Jul 21
Changed: Aug 8
Last Checked: Jul 22 at 3:31AM
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 COMMERCIAL BROKERS INTERNATIONAL
Investment Insights
Based on property information with market context.
This offering consists of two contiguous land parcels at 2938-2942 S Orange Dr, Los Angeles, CA 90016, totaling approximately 12,000 square feet. The unified footprint is intended to support development optionality in a land-constrained urban corridor.
The property is positioned near the intersection of Jefferson Boulevard and La Brea Avenue, approximately 500 feet from the Metro E Line, providing proximity to regional transit connectivity.
Public remarks indicate the site is covered by LAR3 zoning and Tier 3 TOC positioning, which may support increased residential density and additional development incentives for a qualifying project. Buyer to independently verify all property information, zoning, TOC eligibility, allowable uses, density, incentives, site dimensions, and development capacity.
The property is positioned near the intersection of Jefferson Boulevard and La Brea Avenue, approximately 500 feet from the Metro E Line, providing proximity to regional transit connectivity.
Public remarks indicate the site is covered by LAR3 zoning and Tier 3 TOC positioning, which may support increased residential density and additional development incentives for a qualifying project. Buyer to independently verify all property information, zoning, TOC eligibility, allowable uses, density, incentives, site dimensions, and development capacity.
Key Highlights
- Two contiguous parcels totaling about 12,000 SF near the Metro E Line
- Zoned LAR3 with Tier 3 TOC positioning
- Development site near the intersection of Jefferson Boulevard and La Brea Avenue
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,746
Businesses Nearby
Explore this area
Business Placement
Demographics for 90016, CA
46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two contiguous parcels totaling about 12,000 SF near the Metro E Line, zoned LAR3 with Tier 3 TOC positioning.
Where is this residential land & home lot located?
The property is located at 2938-2942 S Orange Dr Los Angeles, CA.
What are key features of this property?
This property features: Two contiguous parcels totaling about 12,000 SF near the Metro E Line; Zoned LAR3 with Tier 3 TOC positioning; Development site near the intersection of Jefferson Boulevard and La Brea Avenue
