601 S La Brea Avenue, Los Angeles, CA 90036

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, … read more …