601 S La Brea Avenue, Los Angeles, CA 90036

Local realty services provided by:ERA Excel Realty
601 S La Brea Avenue,Los Angeles, CA 90036
$4,450,000
  • 0.23 Acres
  • Lots / Land
  • Active
Listed by:david saghian
Office:lyon stahl investment real estate, inc.
MLS#:25577603
Source:CRMLS

Price summary

  • Price:$4,450,000

About this home

HUGE $500K Price Reduction! Prime redevelopment opportunity! ~9,888 SF corner lot, steps from the Wilshire/La Brea Metro Station (anticipated Q4 2025). High visibility, Located in the CHIP Transit Oriented Incentive Area (TOIA) 3 and Opportunity Corridor Incentive Area OC-3, offering additional housing incentives. This corner lot has potential for an 8-story mixed-use development with up to 90 units and 4,200 SF of retail space and/or restaurant (subject to buyer verification). As a vacant lot, there are no existing tenants to relocate or replace. Situated in the heart of Los Angeles' vibrant Miracle Mile, 601 S. La Brea Avenue offers a rare ~9,888-square-foot corner lot in one of the city's most dynamic and high-traffic corridors. Located steps from the upcoming Wilshire/La Brea Metro Station (expected to open in Fall 2025), this prime vacant parcel benefits from exceptional visibility, with over 75,000 vehicles per day and significant pedestrian traffic. Surrounded by Hollywood,

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Home facts

  • Listing ID #:25577603
  • Added:52 day(s) ago
  • Updated:October 03, 2025 at 06:28 PM

Structure and exterior

  • Lot area:0.23 Acres

Finances and disclosures

  • Price:$4,450,000
Based on information from California Regional Multiple Listing Service, Inc. as of October 4, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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