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Investment Highlights
- Prominent corner location at La Brea Avenue and Jefferson Boulevard
- Three points of ingress and egress support site circulation
- Adjacent to Metro E Line transit connectivity
- Approximately 216 feet of frontage enhances visibility and exposure
- Located within a designated Opportunity Zone
- Development potential for up to nine stories, subject to verification
Executive Summary
The site is located near the Metro E Line's La Brea Station, providing transit-oriented accessibility for future residential, mixed-use, or commercial development. Current zoning and TOC Tier 3 designation provide significant development potential, with marketing materials indicating the ability to accommodate up to nine stories and approximately 230 residential units by right, subject to buyer verification. The property's substantial frontage and corner positioning further support a wide range of potential uses.
Surrounding investment activity continues to reshape the immediate area. Nearby multifamily developments, self-storage facilities, recreational amenities, and the planned mixed-use Costco project contribute to ongoing neighborhood growth and expanding consumer demand. The location also benefits from strong demographic fundamentals, a highly walkable environment, and significant daily traffic exposure along both La Brea Avenue and Jefferson Boulevard.
Located within a designated Opportunity Zone, the property may offer potential tax advantages for qualifying investors. Combined with its scale, transit accessibility, redevelopment flexibility, and position within a rapidly evolving Los Angeles submarket, the offering presents an opportunity for developers, investors, and owner-users seeking a strategic urban infill location.
Property Facts
1 Lot Available
Lot
| Price | $6,000,000 | Lot Size | 0.17 AC |
| Price Per AC | $35,294,117.65 |
| Price | $6,000,000 |
| Price Per AC | $35,294,117.65 |
| Lot Size | 0.17 AC |
±39,902 SF Opportunity Zone development site at La Brea Ave & Jefferson Blvd with extensive frontage, multiple access points, transit-oriented location, and potential for high-density residential or mixed-use redevelopment.
Description
The property consists of two parcels totaling approximately 39,902 square feet of land with an existing 11,791-square-foot building. The site is located at the intersection of La Brea Avenue and Jefferson Boulevard in Los Angeles and is identified within an Opportunity Zone. Marketing materials indicate zoning of C1.5-1VL-CPIO and R3-1 with TOC Tier 3 designation. The property is adjacent to the Metro E Line corridor and includes approximately 216 feet of frontage with three points of ingress and egress. Marketing materials reference potential development capacity of up to nine stories and approximately 230 residential units, subject to buyer verification.
Property Taxes
| Parcel Numbers | Improvements Assessment | $275,008 | |
| Land Assessment | $413,393 | Total Assessment | $688,401 |
Property Taxes
Contact the Sale Advisor
3043 S La Brea Ave



