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2 Turn-Key Film & Production Studios 2 Industrial Properties Offered at $8,700,000 in Canoga Park, CA
INVESTMENT HIGHLIGHTS
- Multiple Film & Sound Stages, one with Cyclotron
- HD Theatre for with tiered seating
- Separate Radio Booth and Voice-Over Recording Studios
- Centrally located close to the 101 Freeway
EXECUTIVE SUMMARY
Two State-of-the-Art Film & Production Studios fully operational, One building 100% leased with a High-Profile Long-Term Tenant, One building currently owner-occupied to be left vacant with All-Trade Fixtures to New Owner-User or Investor. This is a Fantastic Opportunity for a Growing or Established Production Company to take over an existing space and expand without taking on additional costs of an expensive build-out. Two buildings Must be Sold Together.
Building One is 8911 Independence Ave, Canoga Park, CA.
The Current Location of Dream Magic Studios, offering massive opportunity to own a state-of-the-art film and production studio and office campus. Five unique film studios (A,B,C,D, & kitchen/lounge) designed to handle a wide array of project concepts of nearly any size. Studio A has a 180 degree Cyclorama wall and a roll-up door to make large scale equipment access a breeze. Sound proof radio station room is fully prepared to record podcast & audio projects at the highest quality. Film screening room is a movie theatre-style setup with tiered seating, an HD viewing screen and surround sound. 8 independently controlled central A/C/heat zones. Executive suites with private restrooms. Separate voice-recording studio with connected control room that can handle a multitude of audio projects. Private gated parking lot with electric car charging station, currently apportioned to hold 30+ cars.
Building Two is 20938 Osborne St, Canoga Park, CA.
Located approx. 700 feet away from Building One is a massive, fully-secured and gated 20,000+ square foot Film & Production Studio with a very High-Profile Tenant operating on a Long-Term Lease Agreement. Current Tenant has made too many upgrades to mention. 3 grade-level loading doors with 18+ feet of clear ceiling height sitting on a massive 41,000 square foot flat lot.
Building One is 8911 Independence Ave, Canoga Park, CA.
The Current Location of Dream Magic Studios, offering massive opportunity to own a state-of-the-art film and production studio and office campus. Five unique film studios (A,B,C,D, & kitchen/lounge) designed to handle a wide array of project concepts of nearly any size. Studio A has a 180 degree Cyclorama wall and a roll-up door to make large scale equipment access a breeze. Sound proof radio station room is fully prepared to record podcast & audio projects at the highest quality. Film screening room is a movie theatre-style setup with tiered seating, an HD viewing screen and surround sound. 8 independently controlled central A/C/heat zones. Executive suites with private restrooms. Separate voice-recording studio with connected control room that can handle a multitude of audio projects. Private gated parking lot with electric car charging station, currently apportioned to hold 30+ cars.
Building Two is 20938 Osborne St, Canoga Park, CA.
Located approx. 700 feet away from Building One is a massive, fully-secured and gated 20,000+ square foot Film & Production Studio with a very High-Profile Tenant operating on a Long-Term Lease Agreement. Current Tenant has made too many upgrades to mention. 3 grade-level loading doors with 18+ feet of clear ceiling height sitting on a massive 41,000 square foot flat lot.
PROPERTY FACTS
| Price | $8,700,000 | Status | Active |
| Price / SF | $255.21 / SF | Number of Properties | 2 |
| Sale Condition | 1031 Exchange | Individually For Sale | 0 |
| Cap Rate | 3.32% | Total Building Size | 34,090 SF |
| Sale Type | Investment or Owner User | Total Land Area | 1.34 AC |
| Price | $8,700,000 |
| Price / SF | $255.21 / SF |
| Sale Condition | 1031 Exchange |
| Cap Rate | 3.32% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 34,090 SF |
| Total Land Area | 1.34 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 20938 Osborne St, Canoga Park, CA 91304 | Industrial | 20,038 SF | 1979 | - |
| 8911 Independence Ave, Canoga Park, CA 91304 | Industrial | 14,052 SF | 1986 | - |
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2 Turn-Key Film & Production Studios
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