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1309 N La Brea Ave 2,072 SF Retail Building Los Angeles, CA 90028 $10,495,000 ($5,065.15/SF)
EXECUTIVE SUMMARY
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
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
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Service Station
Building Size
2,072 SF
Building Class
C
Year Built
1967
Price
$10,495,000
Price Per SF
$5,065.15
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.40 AC
Zoning
LAC2
Frontage
AMENITIES
- Pylon Sign
- Drive Thru
Walk Score®
Walker's Paradise (96)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5548-022-097 | Improvements Assessment | $345,978 |
| Land Assessment | $2,888,923 | Total Assessment | $3,234,901 |
PROPERTY TAXES
Parcel Number
5548-022-097
Land Assessment
$2,888,923
Improvements Assessment
$345,978
Total Assessment
$3,234,901
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1309 N La Brea Ave
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