1306 La Brea Ave Los Angeles, CA 90028

This exceptional 1.83-acre development site, located at 1306 N La Brea Ave, Los Angeles, CA 90028, presents a unique redevelopment opportunity in the heart of West Hollywood. The property encompasses 79,659 square feet of land and features five existing buildings totaling 46,143 square feet of creative office space, currently zoned C2. The site boasts 554 feet of frontage on North La Brea Avenue, extending to the corner of De Longpre Avenue, offering exceptional visibility and street presence. Its prime location provides easy access to numerous amenities, including restaurants, bars, shopping, and Runyon Canyon. The existing improvements are well-maintained and could generate interim revenue during the entitlement and permitting process. The seller is open to a leaseback through the third quarter of 2025, providing additional time for securing interim tenants. This large-scale development opportunity is situated in a high-demand area with significant potential for multifamily housing, aligning with the Hollywood Community Plan Implementation Overlay (CPIO) and eligible for SB 35, AB 2334, AB 2097, and AB 2011 bonuses. This is a rare chance to acquire a nearly full block of contiguous land in one of Los Angeles' most desirable and rapidly developing neighborhoods. The property's central location offers convenient access to Beverly Hills, the San Fernando Valley, the Westside, and Downtown Los Angeles.