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Investment Highlights
- State of the art Creative Office & Post Production Facility Located on the Border of West LA and Santa Monica
- Fully Renovated in 2007 with Continued High Level Maintenance Through 2020
- Ceilings with Torrance Steel Windows and Polished Concrete Floors
- Adequate Cooling and Power Capacity in Place for Production, Rendering, and Data Transfer
- High-height Sandblasted Wood
Executive Summary
Lee & Associates Los Angeles West, Inc. is pleased to present a unique opportunity to acquire 2332-2340 S. Centinela Avenue, a creative office and post-production compound in West Los Angeles. This property features four separate studios totaling 12,532 square feet on a 16,117 square foot lot. After an extensive adaptive reuse renovation completed over three years and finalized in 2008, the compound showcases high-end finishes throughout, with the latest updates to Unit D in 2022. Each studio is equipped with top-tier appliances, including Sub Zero, Viking, and Wolf, and has ample power supply nearing 1,200 amps total. The heating and cooling systems are efficient, with packaged units and supplemental A/C for server rooms. Significant renovations include new electrical, roofing, sandblasting, concrete floors, plumbing, windows, doors, and hardware. The property has historically attracted media and entertainment companies specializing in post-production and visual effects. With an upcoming vacancy for the largest studio (Unit B) available in August 2025, this presents an ideal opportunity for an owner/user to occupy over 51% of the rentable area, making owner - user financing a viable option. A Principal at Lee & Associates Los Angeles West Inc. owns a partnership interest in this property and is involved with the marketing and sale of this project.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
12,532 SF
Building Class
B
Year Built
2008
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,532 SF
Building FAR
0.78
Lot Size
0.37 AC
Zoning
M1 - limited industrial zone
Parking
9 Spaces (0.72 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
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Walk Score®
Very Walkable (85)
Bike Score®
Biker's Paradise (91)
Property Taxes
| Parcel Number | 4259-026-013 | Improvements Assessment | $806,474 |
| Land Assessment | $5,305,694 | Total Assessment | $6,112,168 |
Property Taxes
Parcel Number
4259-026-013
Land Assessment
$5,305,694
Improvements Assessment
$806,474
Total Assessment
$6,112,168
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2332-2340 S Centinela Ave
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