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Creative Flex Space in Hollywood
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5176 Santa Monica Blvd, Los Angeles, CA 90029

Reimagined creative flex space on historic Route 66.

Lot Size0.26 Acres
Days on Market763

Property Features for 5176 Santa Monica Blvd

General Information

Standard status Active
Lot size 0.26 Acres
Listing Agency: Imperial Real Estate
Listed By: Farshad Tehrani · License #02104400
Source: Exprealty
Added: Jun 28, 2024 Changed: Jul 6 Last Checked: Jul 30 at 12:55PM

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 Imperial Real Estate

Investment Insights

Based on property information with market context.

Located in the heart of Hollywood on historic Route 66, Chaplin Studios offers a modernized creative flex space. The building houses a collection of blank canvases set against a backdrop of history and character, illuminated by abundant natural lighting. It is situated minutes away from Paramount Studios and Universal Studios, between Thai Town, Little Armenia, and Melrose Hills. The property features 18 creative work studios of various sizes across two floors, connected by an arcade corridor. The building benefits from natural light shining through original massive skylights, exposed brick walls, and high wood beam ceilings. The location offers creative synergy from the Los Angeles Observatory to the Hollywood sign, providing an opportunity to work in a modernized space with original charm.

Key Highlights

  • Historic Route 66 location in Hollywood's Chaplin Studios, offering a unique blend of history and modern creative space.
  • Abundant natural light throughout the building via original massive skylights.
  • 18 Creative Work Studios of various sizes across two floors.

Property Analytics

Current Use

Precise Barber College Vocational School Capitol Blue Print ... Construction Company Jem Dynamics Laboratory Saja Wedding Clothing & Fashion Store Joseph V. Canul ... Alternative Medicine Practice

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Veterinary Clinic Tanning Salon Clothing & Fashion 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

Location Intelligence

Trade Area within ½ mile

6,522
Businesses Nearby
Balanced
Demand for This Use

Demographics for 90029, CA

34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value

Market

Lease Benchmarks for Los Angeles, CA

$68.34 /SF/Yr
Avg Asking Price
$1.91–$141 /SF/Yr
Price Range
3,047 SF
Avg Space Size

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?
Flex space - Reimagined creative flex space on historic Route 66.
Where is this flex space located?
The property is located at 5176 Santa Monica Blvd Los Angeles, CA.
What are key features of this property?
This property features: Historic Route 66 location in Hollywood's Chaplin Studios, offering a unique blend of history and modern creative space.; Abundant natural light throughout the building via original massive skylights.; 18 Creative Work Studios of various sizes across two floors.
More about this property
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