601 S La Brea Avenue, Los Angeles, CA 90036
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
601 S La Brea Avenue,Los Angeles, CA 90036
$4,150,000
- 0.23 Acres
- Lots / Land
- Active
Listed by: david saghian
Office: lyon stahl investment real estate, inc.
MLS#:CL25577603
Source:CA_BRIDGEMLS
Price summary
- Price:$4,150,000
About this home
HUGE $800K Price Reduction! MUST CLOSE BY 12/10. SELLER WILLING TO DO SELLER CARRY. Prime redevelopment opportunity! ~9,888 SF corner lot, steps from the Wilshire/La Brea Metro Station (anticipated Q4 2025). High visibility, Located in the CHIP Transit Oriented Incentive Area (TOIA) 3 and Opportunity Corridor Incentive Area OC-3, offering additional housing incentives. This corner lot has potential for an 8-story mixed-use development with up to 90 units and 4,200 SF of retail space and/or restaurant (subject to buyer verification). As a vacant lot, there are no existing tenants to relocate or replace. Situated in the heart of Los Angeles' vibrant Miracle Mile, 601 S. La Brea Avenue offers a rare ~9,888-square-foot corner lot in one of the city's most dynamic and high-traffic corridors. Located steps from the upcoming Wilshire/La Brea Metro Station (expected to open in Fall 2025), this prime vacant parcel benefits from exceptional visibility, with over 75,000 vehicles per day and significant pedestrian traffic. Surrounded by Hollywood, West Hollywood, Melrose, Fairfax, Hancock Park, Beverly Grove, and Koreatown, the site is immersed in a bustling hub of mixed-use developments, Class-A offices, and premier retail and dining destinations like Republique and Leopardo. Positioned wit
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Home facts
- Listing ID #:CL25577603
- Added:90 day(s) ago
- Updated:November 12, 2025 at 03:46 PM
Rooms and interior
- Living area:9,885 sq. ft.
Structure and exterior
- Building area:9,885 sq. ft.
- Lot area:0.23 Acres
Finances and disclosures
- Price:$4,150,000
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