133 N La Brea Ave - Parking Lots & Garages FOR SALE


Los Angeles, CA 90036- Hancock Park
$1,250,000 USD
310-909-5422
133 N La Brea Ave, Los Angeles, CA for Sale
$1,250,000 USD
Parking Lots & Garages - FOR SALE
1/6
null | Request Cap Rate

133 N La Brea Ave
Los Angeles, CA 90036
Hancock Park


HIGHLIGHTS

  • ±4,190 SF Development-Ready Parcel — Level, rectangular lot with ±40 feet of La Brea frontage, C2-1VL zoning, and no structures to demolish.
  • In-Place Income — Approximately 12 surface parking stalls plus an existing Clear Channel billboard facing ±48,588 vehicles per day.
  • Rare Parking on La Brea — Dedicated surface parking in a corridor where on-block parking is highly constrained.
  • Multiple Value Paths — Hold and operate, lease as patron parking, or redevelop for long-term upside.
  • Companion to 141 N La Brea — Offered with a nearby ±5,200 SF Spanish Revival restaurant, bar, and lounge, separately listed but marketed together.

OVERVIEW

133 N La Brea Avenue is a rare ±4,190 square foot parking and land parcel on one of Los Angeles’ most active and parking-constrained retail corridors. The level, rectangular site offers approximately 40 feet of frontage on N La Brea Avenue, roughly 12 striped surface parking stalls, direct alley access, and an in-place Clear Channel billboard generating passive income. Zoned C2-1VL with no structures to demolish, the parcel provides immediate utility with long-term optionality as parking, support land, outdoor advertising income, or future redevelopment. The property is offered in conjunction with 141 N La Brea Avenue, a separately addressed ±5,200 square foot two-story Spanish Revival restaurant, bar, and lounge property located nearby. The parcels are separately listed and not contiguous, with one intervening parcel between them, but are marketed together as a compelling hospitality and parking portfolio. Positioned between Beverly Boulevard and 3rd Street near Hancock Park, Fairfax, the Sycamore Creative District, Miracle Mile, LACMA, and the Metro D Line Wilshire/La Brea station, 133 N La Brea offers a scarce combination of in-place income, operational value, and long-term corridor appreciation.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$298 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Parking Lots & Garages

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,254 SF

ZONING

C2-1VL

APN/PARCEL ID

5513-002-007

ASK ABOUT THIS PROPERTY

Iman MossanenMarcus & MillichapMore Info
310-909-5422

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Iman MossanenMarcus & MillichapMore Info
310-909-5422

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