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7/14/15
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A 15.8k sf industrial / studio building in Los Angeles sold for $3.2 mil, or $203/sf. The building is located at 1150 South La Brea Ave, about a block south of Olympic Blvd.
Built in 1971, the mixed-use property can be configured as creative office, studio, production, warehouse or retail. The property features multiple stages, lounges, dressing rooms and a 36-seat screening room. Skylights provide abundant natural lighting. Special features include studio use and multiple shooting areas throughout, themed stages and a dance studio, billboard income, lounge with bar, kitchen and full bathrooms.
Mike Malick of Marcus & Millichap’s Downtown Los Angeles office represented the seller, a limited liability company.
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