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Rare Media District Asset - For Sale/Lease 6860 Lexington Ave 20,000 SF 100% Leased Office Building Los Angeles, CA 90038 $6,495,000 ($324.75/SF)
INVESTMENT HIGHLIGHTS
- Hollywood Media District Asset
- Incredible Corner to Corner Building
- For Sale / Lease
- Gate Parking Lot
EXECUTIVE SUMMARY
Corner to corner freestanding asset in the heart of a creative Hollywood corridor, 6860 Lexington Avenue offers scale, visibility, and limitless potential. The property invites a new visionary to redesign, redevelop, or re-imagine the asset into a bold new Hollywood destination. Prime Hollywood Media District location. Stand alone property with large gated parking lot. High visibility facade with excellent signage visibility. Currently configured as post-production /content studio / streaming and editing offices. Parking for up to 30 cars. Numerous offices and open space areas, full kitchen, multiple HVAC zones / package units. As an asset within the Media District, 6860 Lexington benefits from a range
of enhanced services designed to support property value, business success, and neighborhood appeal. Walkable to PRIME PRIME Sycamore District retail, restaurants, and amenities. A rare Hollywood opportunity
of enhanced services designed to support property value, business success, and neighborhood appeal. Walkable to PRIME PRIME Sycamore District retail, restaurants, and amenities. A rare Hollywood opportunity
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
20,000 SF
Building Class
C
Year Built
1968
Price
$6,495,000
Price Per SF
$324.75
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,000 SF
Slab To Slab
11’
Building FAR
1.06
Lot Size
0.43 AC
Zoning
LAM1
Parking
45 Spaces (2.25 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Post Production Inc
- Information
- -
- -
- -
- -
- Ptah Management & Consulting Inc
- Professional, Scientific, and Technical Services
- -
- -
- -
- -
- Sycamore Entertainment Inc
- Arts, Entertainment, and Recreation
- -
- $24.00
- Triple Net
- Dec 2010
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Post Production Inc | Information | - | - | - | - | |
| Ptah Management & Consulting Inc | Professional, Scientific, and Technical Services | - | - | - | - | |
| Sycamore Entertainment Inc | Arts, Entertainment, and Recreation | - | $24.00 | Triple Net | Dec 2010 |
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Walk Score®
Walker's Paradise (97)
PROPERTY TAXES
| Parcel Number | 5532-018-010 | Improvements Assessment | $498,607 |
| Land Assessment | $857,212 | Total Assessment | $1,355,819 |
PROPERTY TAXES
Parcel Number
5532-018-010
Land Assessment
$857,212
Improvements Assessment
$498,607
Total Assessment
$1,355,819
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Rare Media District Asset - For Sale/Lease | 6860 Lexington Ave
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