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

Reimagined creative flex space in the heart of Hollywood.

Space SizeContact for details
Property Size22,000 SF
Lot Size0.26 Acres
Days on Market165

Property Features for 5176 Santa Monica Blvd

General Information

Standard status Active
Size 22,000 SF
Lot size 0.26 Acres
Property subtype Commercial

Building Details

Building Size 22,000 SF
Year Built 1924
Listing Agency: Imperial Real Estate
Listed By: Farshad Tehrani · License #01955008
Source: Elliman
Added: Mar 10 Changed: Aug 10 Last Checked: Aug 21 at 9:27AM

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 is a reimagined and modernized creative flex space building. The property offers 18 creative work studios of varying sizes on two floors with an arcade serving as a corridor. The building, constructed in 1924, features exposed brick walls, high wood beam ceilings, and original massive skylights that provide abundant natural light. The 0.2555-acre lot has a building with 22000 square feet of living area. Situated minutes from Paramount Studios and Universal Studios, and between Thai Town, Little Armenia, and Melrose Hills, the property is positioned to incubate creative and cultural expression. The location has a Walk Score of 90, indicating it is a Walker's Paradise, a Transit Score of 66, indicating Good Transit, and a Bike Score of 64, indicating it is Bikeable. The property's location offers creative synergy from the Los Angeles Observatory to the Hollywood sign.

Key Highlights

  • Prime Location: Heart of Hollywood on historic Route 66, near Paramount and Universal Studios
  • Creative Flex Space: Reimagined and modernized building suitable for various creative endeavors
  • Abundant Natural Light: Original massive skylights provide ample illumination

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

3,571
Businesses Nearby
Under-served
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

$25.67 /SF/Yr
Avg Asking Price
$1.99–$49.69 /SF/Yr
Price Range
30,428 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 in the heart of Hollywood.
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: Prime Location: Heart of Hollywood on historic Route 66, near Paramount and Universal Studios; Creative Flex Space: Reimagined and modernized building suitable for various creative endeavors; Abundant Natural Light: Original massive skylights provide ample illumination
More about this property
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