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Investment 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.
  • Rare Parking on La Brea — Dedicated surface parking in a corridor where on-block parking is highly constrained.
  • Companion to 141 N La Brea — Offered with a nearby ±5,200 SF Spanish Revival restaurant, bar, and lounge, separately listed but marketed together.
  • In-Place Income — Approximately 12 surface parking stalls plus an existing Clear Channel billboard facing ±48,588 vehicles per day.
  • Multiple Value Paths — Hold and operate, lease as patron parking, or redevelop for long-term upside.

Executive Summary

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.

Attachments

LaBrea.133 OM

Property Facts

Price $1,729,438 CAD
Price Per SF $412.75 CAD
Sale Type Investment
Sale Conditions
High Vacancy Property
  • Redevelopment Project
Property Type Specialty
Property Subtype Parking Lot
Building Class C
Lot Size 0.10 AC
Building Size 4,190 SF
No. Stories 1
Year Built 1967
Parking Ratio 2.15/1,000 SF
Zoning C2-1VL - C2-1VL
Very walkable
80/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
5513-002-007
Land Assessment
$646,363 CAD
Improvements Assessment
$11,203 CAD
Total Assessment
$657,565 CAD
  • Listing ID: 40715597

  • Date on Market: 2026-05-29

  • Last Updated:

  • Address: 133 N La Brea Ave, Los Angeles, CA 90036

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