For Sale | Owner-User/Investor/Developer Opportunity in Mid-Wilshire

Description:

WESTMAC is pleased and honored to present for sale three (3) separate but contiguous parcels at 611, 615, and 617 S La Brea Avenue.

The subject sites are located in the heart of Los Angeles. Surrounding areas Hollywood, West Hollywood, Melrose, Fairfax, Hancock Park, Miracle Mile, Beverly Grove, and Koreatown merge into the major transit corridor and hub of activity that is La Brea Avenue. The offerings sit on a prime section of La Brea Avenue, which experiences both vehicle and pedestrian traffic alike. The area features mixed-use apartment developments, class-A offices, and retail and dining destinations making it the ideal entertainment hub for locals or visitors.

This area is filled with popular retailers and hip restaurants who continue to draw locals and tourists alike. Developments in the neighborhood are breaking ground and getting closer to completion by the day. The highly-anticipated Wilshire and La Brea D Line Metro Station, the first piece of an expansion project going all the way to Westwood, is one block away. This incredible new addition to the block will provide a constant influx of workers, residents, and visitors. It will provide access to or from Downtown Los Angeles through Miracle Mile, Beverly Hills, and by 2026, Westwood and UCLA. Between the Metro and the subject site is a highly-anticipated hotel development that will bring over 250 keys/units to an already densely populated corridor. The subject site offers the opportunity to become a fixture in this in-demand and ever-evolving locality.


611 S LA BREA
LOS ANGELES, CA 90036 | APN # 5508-007-015
• BUILDING SIZE: ± 6,240 SF
• LOT SIZE: ± 4,203 SF
• ZONING: LAC2
• PRICE: $4,650,000

615 S LA BREA
LOS ANGELES, CA 90036 | APN # 5508-007-016
• LOT SIZE: ± 4,203 SF
• PARKING: 10-12 spaces/single space (currently striped)
• PRICE: $2,500,000

617 S LA BREA
LOS ANGELES, CA 90036 | APN # 5508-007-017
• BUILDING SIZE: ± 6,400 SF
• LOT SIZE: ± 4,202 SF
• FEATURES: 2nd floor live/work unit
• PRICE: $4,300,000

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