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C1 Corner Development Site
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5951 W 3rd St, Los Angeles, CA 90036

Commercial corner parcel with an existing boxing gym, two vacant addresses, and residential development capacity.

Property SizeContact for details
Days on Market144

Property Features for 5951 W 3rd St

General Information

Standard status Active
Property subtype Land
Listing Agency: Lyon Stahl Investment Real Estate
Listed By: Jordan Asheghian · License #CA 01886605
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 12:26PM

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 Lyon Stahl Investment Real Estate

Investment Insights

Based on property information with market context.

Located at 5951 W 3rd St in Los Angeles, this 11,043 SF double-lot corner property is zoned C1 and identified for development of up to 26 units, subject to buyer verification. The property includes three addresses: 5957 operates as a boxing gym, while 5951 and 5959 are vacant.

The site is within walking distance of Fairfax Avenue and Beverly Boulevard, with nearby coffee shops, restaurants, shopping, and dining. Its location also provides access to employment centers in West Hollywood, Hollywood, Beverly Hills, and Koreatown, as well as the media, technology, and creative office activity described in the surrounding Hollywood and Miracle Mile area.

Key Highlights

  • 11,043 SF double‑lot corner property
  • C1 zoning with capacity for up to 26 units, subject to buyer verification
  • Three addresses: 5957 W 3rd St, 5951 W 3rd St, and 5959 W 3rd St

Property Analytics

Current Use

Powerfull Solar Production Facility Daylight Electric Inc. Electrical Service Reena & Sons Marketing & Advertising

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Butcher Restaurant Mobile Phone Store Daycare Center

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

4,815
Businesses Nearby

Demographics for 90036, CA

39,549
Population
21,890
Households
1.8
Avg Household Size
36
Median Age
68%
College-Educated
97%
High-School Grad
2.5 sq mi
ZIP Area
15,820
Density / Sq Mi
$102,877
Median Household Income
$66,385
Median Earnings
$2,730
Median Rent
$1,958,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial corner parcel with an existing boxing gym, two vacant addresses, and residential development capacity.
Where is this commercial land located?
The property is located at 5951 W 3rd St Los Angeles, CA.
What are key features of this property?
This property features: 11,043 SF double‑lot corner property; C1 zoning with capacity for up to 26 units, subject to buyer verification; Three addresses: 5957 W 3rd St, 5951 W 3rd St, and 5959 W 3rd St
More about this property
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