United StatesCaliforniaLos AngelesWest Adams3043 South La Brea Avenue

3043 South La Brea Avenue 3043 South La Brea Avenue Los Angeles, California 90016 United States

$10,995,000
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Pleased to offer for sale a prime Jefferson Corridor TOD opportunity in West Adams, located on S La Brea Avenue and S Orange Drive. Bordered by Culver City to the West, South of LACMA and Northeast of Silicon Beach on Jefferson, the Jefferson...

CB Richard Ellis, Inc.

Listing Courtesy of CB Richard Ellis, Inc.
$10,995,000
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3,035 m²
Exterior
Commercial
Property type
1948
Year Built
24436673
Web Id
24436673
MLS ID
Los Angeles Unified
School District
247
days ago

About 3043 South La Brea Avenue

Pleased to offer for sale a prime Jefferson Corridor TOD opportunity in West Adams, located on S La Brea Avenue and S Orange Drive. Bordered by Culver City to the West, South of LACMA and Northeast of Silicon Beach on Jefferson, the Jefferson Corridor has launched an impressive array of redevelopment projects, which have firmly established the thoroughfare as a vibrant commercial, tech, entertainment and mixed-use district. Centered at the apex of the Corridor and 1/2 block from the Metro EXPO Blue Line, the 2 parcels consist of approximately 39,901 square feet of land (pursuant to the Assessors records) and approximately 11,701 square feet of building, which is currently the home to a successful 7-decades-old family-owned business. The Jefferson Corridor stretches from Santa Monica to the University of Southern California, with the Metro EXPO Blue Line, often referred to as the "Subway to the Sea," directly connecting the beach communities to the intersection of business, entertainment, and culture. The offered property is surrounded by an impressive array of innovative global market leaders and state-of-the art projects including: Amazon Studios, Warner Media, HBO, Whole Foods, The Grove LA, Cumulus, Baby to Baby, Wrapper, the enchantment of Exposition Park, Sony Pictures, and the new Apple Campus, among others. ln addition to the entities mentioned above, the Jefferson Corridor provides access to a host of new regional amenities, including the new 22,000-seat Banc of California Stadium and the soon to open, Star Wars Museum: George Lucas Museum of Narrative Art (2023), both of which demonstrate the City's overall commitment to the area's economic enrichment. This exceptional location represents a highly strategic redevelopment opportunity.

Listing Courtesy of CB Richard Ellis, Inc.
Listing Courtesy of CB Richard Ellis, Inc.

CB Richard Ellis, Inc.

Listing Courtesy of CB Richard Ellis, Inc.
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