1309 N La Brea Ave - Service Station FOR SALE


Los Angeles, CA 90028- Hollywood
$10,495,000 USD
818-448-2262
1309 N La Brea Ave, Los Angeles, CA for Sale
$10,495,000 USD
Service Station - FOR SALE
1/7
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1309 N La Brea Ave
Los Angeles, CA 90028
Hollywood


OVERVIEW

Prime signalized corner at La Brea Ave and Fountain Ave in the heart of Hollywood / West Hollywood, offering exceptional visibility, strong ingress/egress, and constant daily traffic in a dense infill location Established Shell-branded station with approximately five years remaining on the fuel contract and a modern, turnkey layout suitable for operators and long-term investors Over $1M in recent capital improvements including a fully redeveloped convenience store, new electrical, plumbing, HVAC, roof, façade, and interior build-out, minimizing near-term capital needs Large 17,079 SF corner lot zoned LAC2 and located within the Hollywood CPIO (Corridor 1), providing meaningful future redevelopment upside with enhanced FAR, density, and parking incentives, subject to buyer verification Highly desirable West Hollywood / Hollywood adjacency surrounded by high-end multifamily, entertainment, and employment centers, supporting long-term land value appreciation and multiple exit strategies

FOR SALE DETAILS

PRICE

$10,495,000 USD

PRICE/SF

$5,065 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,380 SF

ZONING

LAC2

APN/PARCEL ID

5548-022-097

ASK ABOUT THIS PROPERTY

Ben LalezariRealty Investment AdvisorsMore Info
818-448-2262

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Ben LalezariRealty Investment AdvisorsMore Info
818-448-2262

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.