The 150 South La Brea Avenue “Property” presents an attractive opportunity to own a legal tax parcel with significant frontage on the most desirable block of South La Brea Avenue. The thoroughfare is regarded as one of the most prominent north-south streets in the City of Los Angeles, spanning 21 miles from Franklin Avenue on the north and Century Boulevard on the south. La Brea is the Spanish meaning of “the tar”. The La Brea Tar Pits, an 1828 Mexican land grant known as Rancho La Brea it was named for, is to the west of its intersection with Wilshire Boulevard in the commonly known Mid-Wilshire area. The Property’s location on La Brea Avenue is near the well-known communities of Hancock Park and Park La Brea and just east of the famous Los Angeles landmark Farmer’s Market. The major junction of La Brea Avenue is the I-10 Freeway. The corridor is known for having diverse ethnic communities, and many shops and restaurants along the route. There is sufficient public transportation serving the corridor with Metro Lines on La Brea Avenue. An underground station for the Metro D Line is currently under construction and due to open in 2025.