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920 S La Brea Ave
Los Angeles, CA 90036 Miracle Mile

$2,495,000 USD

Land For Sale  •  0.14 AC

Property Details

  • Property Type Land
  • Lot Size 0.14 AC
  • Zoning LAC2
80 Transit Score
80 Walk Score

Description

This property presents a rare development opportunity in the heart of Los Angeles. Located at 920 S La Brea Avenue, the site spans approximately 6,174 square feet and is zoned C2/R4 with Tier 3 TOC designation, allowing for the potential development of up to 26 residential units. This zoning flexibility makes it an attractive option for developers seeking to deliver high-demand housing in a thriving urban corridor.
The property benefits from its central location between Wilshire Boulevard and Olympic Boulevard, providing excellent connectivity to major employment centers, retail destinations, and cultural attractions. Residents will enjoy proximity to popular neighborhoods such as Miracle Mile, Beverly Grove, and Mid-Wilshire, as well as easy access to public transit and major freeways.
With strong demand for multifamily housing in Los Angeles and limited available land, this site offers significant long-term value for investors and developers. Whether envisioned as a modern apartment community or a mixed-use project, this parcel provides a blank canvas in a high-growth market.

Highlights

Tier 3 TOC designation with C2/R4 zoning supports up to 26 residential units.
Centrally located between Wilshire Boulevard and Olympic Boulevard in Mid-City Los Angeles.
Close to major retail, dining, and cultural destinations including Miracle Mile and Beverly Grove.
Excellent access to public transportation and major freeways for convenient commuting.
Strong demand for multifamily housing in a supply-constrained market.
The surrounding area includes a mix of commercial and residential uses

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 14 min - 7.2 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 - 7.4 mi
AirportDriveWalkDistance
Los Angeles International 20 min - 10.0 mi
Bob Hope 22 min - 11.7 mi
Long Beach (Daugherty Field) 36 min - 26.4 mi
Richard Schulman 310-482-0173 KW Advisors
Richard Schulman 310-482-0173 KW Advisors