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133 N La Brea Ave 4,190 SF Specialty Building Offered at $1,729,438 CAD in Los Angeles, CA 90036



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.
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.
Property Facts
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Very walkable
80/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5513-002-007 | Improvements Assessment | $11,203 CAD |
| Land Assessment | $646,363 CAD | Total Assessment | $657,565 CAD |
Property Taxes
Parcel Number
5513-002-007
Land Assessment
$646,363 CAD
Improvements Assessment
$11,203 CAD
Total Assessment
$657,565 CAD
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133 N La Brea Ave
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