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ATTENTION DEVELOPERS AND INVESTORS. ENTRY FOR REFERENCE PURPOSES. Rare urban infill parking and development opportunity located at 741 S Bonnie Brae Street, Los Angeles, CA (APN: 5142-003-021) in the Westlake / MacArthur Park submarket. The property consists of an approximately 9,150 SF flat, fully fenced lot with approximately 61 feet of street frontage and 150 feet of depth, currently improved with approximately 36 striped parking spaces and alley access. The parcel is zoned R4-1 (City of Los Angeles) and is located within a Transit-Oriented Communities (TOC) Tier 3 and ED1-eligible area, offering compelling long-term residential or mixed-use redevelopment potential, subject to buyer verification and City approvals. The property is part of a two-asset portfolio that includes the adjacent, fully occupied office building at 1833 W 8th Street (MLS #CV26000487, APN: 5142-006-009), which is valued at approximately $3.7 million. The combined portfolio price is $4.7 million. The Bonnie Brae parcel is shown separately at $1,000,000 for valuation and underwriting reference only. Ownership may consider a separate sale of this parcel on a case-by-case basis, at seller's sole discretion. All information deemed reliable but not guaranteed. Buyers and their representatives are advised to conduct their own independent due diligence regarding zoning, lot dimensions, development feasibility, pricing, and portfolio structure. Property sold AS-IS.
Property Type(s):
Commercial
| Last Updated | 1/5/2026 | Year Built | 1960 |
|---|---|---|---|
| Community | C16 - Mid Los Angeles | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | C16 - Mid Los Angeles |
| HEAT | None |
| LOT | 9152 sq ft |
| LOT DESCRIPTION | Rectangular Lot |
| LOT DIMENSIONS | 9152 |
| UTILITIES | Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
| WATER | Public |
Location
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Listed with Century 21 Masters
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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