Creative Production Facility with
8729 Aviation Boulevard, Inglewood, CA 90301
For Sale
Contact for pricing
The two-story property combines specialized production areas with offices, collaborative spaces, and an adjoining training campus.
Property Size22,995 SF
Lot Size0.84 Acres
Price / SF$650.14
Days on Market41
Property Features for 8729 Aviation Boulevard
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Additional Details
Condition
Asking Price
Property Use
Amenities
recording studios
Dolby Atmos theater
screening room
soundstage
podcast studios
production suites
private offices
conference areas
lounges
kitchens
event capabilities
education campus
Building Details
Year Renovated
Buildings
Stories
Building Size
Listing Agency:
The Hirth Group
Listed By:
Daniel Hirth · License #CA 01515796
(818) 201-5268
Source:
Crexi
Added: Sep 30
Changed: Nov 8
Last Checked: Nov 8 at 6:14PM
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 The Hirth Group
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Investment Insights
Based on property information with market context.
At 8729 Aviation Boulevard, this two-story creative property contains 22,995 square feet and sits on 36,461 square feet of land. Redeveloped in 2024, the building includes three recording studios, a Dolby Atmos theater and screening room, a ±2,100-square-foot soundstage/live room, podcast studios, and production suites. Offices, meeting and collaboration areas, lounges, kitchens, and indoor and outdoor event spaces round out the interior. The adjoining education and training campus can accommodate approximately 100 students.
The property also has loading capability, secure surface parking, and substantial power. Its production infrastructure and flexible interior configuration support a range of creative and educational activities.
The property also has loading capability, secure surface parking, and substantial power. Its production infrastructure and flexible interior configuration support a range of creative and educational activities.
Key Highlights
- 22,995‑square‑foot, two‑story building on 36,461 square feet of land
- Redeveloped in 2024
- Three recording studios, podcast studios, and multiple production suites
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$492,553
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,851,060
$9.9M
Cap Rate 7%
$7,036,471
$7.0M
Cap Rate 9%
$5,472,811
$5.5M
Market Conditions
NOI Build-Up for 22,995 SF
Gross rent
$772.6K $33.60/SF
− Vacancy
−$115.9K −$5.04/SF
EGI
$656.7K $28.56/SF
− OpEx
−$164.2K −$7.14/SF
NOI
$492.6K $21.42/SF
Area
Inglewood, CA
Vacancy
15.00%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,851,060
Cap Rate 7%
$7,036,471
Cap Rate 9%
$5,472,811
Alternative Uses
Best Use
Office B
$7.04M
$6.16M – $8.21M
NOI $492,553 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.38M
$8.21M – $10.95M
NOI $656,737 @ 7.0% cap · market cap 4.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,512
Businesses Nearby
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Business Placement
Demographics for 90301, CA
36,270
Population
12,884
Households
2.8
Avg Household Size
37
Median Age
20%
College-Educated
73%
High-School Grad
2.5 sq mi
ZIP Area
14,508
Density / Sq Mi
$62,991
Median Household Income
$33,884
Median Earnings
$1,658
Median Rent
$698,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Creative space in Los Angeles County, CA
Properties on Market for Creative space in Los Angeles County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Creative space - The two-story property combines specialized production areas with offices, collaborative spaces, and an adjoining training campus.
Where is this creative space located?
The property is located at 8729 Aviation Boulevard Inglewood, CA.
What is the asking price?
The asking price for this property is $14,950,000.
What are key features of this property?
This property features: 22,995‑square‑foot, two‑story building on 36,461 square feet of land; Redeveloped in 2024; Three recording studios, podcast studios, and multiple production suites
