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Creative Office Space on Historic Lot
For Lease
$5.75 SF/Yr

1041 North Formosa Avenue, West Hollywood, CA 90046

Creative campus environment in West Hollywood's media district.

Space SizeContact for details
Days on Market273

Property Features for 1041 North Formosa Avenue

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE - Downtown Los Angeles
Listed By: Nicole Mihalka · License #01322414
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 11 Last Checked: Aug 22 at 8:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Downtown Los Angeles

Investment Insights

Based on property information with market context.

The Formosa South Building is located on The Lot, formerly the MGM and Pickford-Fairbanks Studios. This creative campus provides opportunities for collaboration among writers, producers, editors, artists, and other media professionals. Neighboring tenants include HBO and HartBeat Productions. The location in West Hollywood is adjacent to the Sycamore District and Hollywood Media District, an urban area with media and entertainment companies such as SiriusXM, RocNation, and Sony Music. The Sycamore District also offers lifestyle destinations, including art galleries like Jeffrey Deitch, AXART, Regen Projects, and Various Small Fires, as well as retailers such as Just One Eye, SUPERVINYL, Graye, and NSF. Wellness studios such as Pause Wellness Studio, Burke Williams, and PLATEFIT are also nearby, along with restaurants such as Tartine, Sightglass, Mizlala, Gigi’s, and Mr. T Paris. The property offers 24619 square feet of office and creative space.

Key Highlights

  • Located on the historic grounds of the MGM and Pickford‑Fairbanks Studios (The Lot).
  • Presents opportunities for multidisciplinary collaboration within a creative campus‑like environment.
  • Neighbors include HBO and HartBeat Productions.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office Law Firm Food Market Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$0.86 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby

Demographics for 90046, CA

49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Creative campus environment in West Hollywood's media district.
Where is this office units located?
The property is located at 1041 North Formosa Avenue West Hollywood, CA.
What is the lease rate?
The lease rate is $5.75 SF/Yr.
What are key features of this property?
This property features: Located on the historic grounds of the MGM and Pickford‑Fairbanks Studios (The Lot).; Presents opportunities for multidisciplinary collaboration within a creative campus‑like environment.; Neighbors include HBO and HartBeat Productions.
More about this property
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