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3045 S La Brea Ave
Los Angeles, CA 90016 West Adams

$6,000,000 USD

Land For Sale  •  0.92 AC

Property Details

  • Property Type Land
  • Lot Size 0.92 AC
60 Transit Score
87 Walk Score

Description

This is a rare opportunity to acquire approximately two parcels totaling ±40,000 SF of land adjacent to the prime intersection of La Brea Avenue and Jefferson Boulevard. The property is strategically positioned between Culver City, the Metro Expo Line, and West Adams, offering exceptional transit-oriented development potential.

Current zoning allows for up to nine stories and approximately 230 residential units by right (buyer to verify). The site’s size and configuration also make it well-suited for alternative uses such as outdoor storage, EV charging or potential self-storage.

The property benefits from strong demographics, high vehicle counts, excellent visibility, and significant new investment throughout the surrounding area. Just blocks away, Costco is partnering on its first mixed-use project in the United States, combining a ground-floor Costco with hundreds of residential units above, anticipated for completion in 2027. Historically, Costco developments have driven increased employment, vehicle traffic, retail demand, and long-term residential value—often referred to as the “Costco Effect.”

Highlights

Land size: 39,902 SF ($150 PSF)
Building size: 11,791 SF ($508 PSF)
Adjacent to Metro line and new Costco/Multi-family development
Zoned for Mixed-Use with up to 9-stories with 247,405 SF of floor area
** OWNER MOTIVATED TO SELL **

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
14 min - 8.4 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 16 min - 8.6 mi
Transit/SubwayDriveWalkDistance
Expo/La Brea (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 0 min 2 min 0.1 mi
Farmdale (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 12 min 0.6 mi
AirportDriveWalkDistance
Los Angeles International 16 min - 7.8 mi
Bob Hope 31 min - 14.1 mi
Long Beach (Daugherty Field) 34 min - 24.3 mi
Jared Swedelson 818-742-1632 NAI Capital
Jared Swedelson 818-742-1632 NAI Capital