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    Hollywood Media District Corner Property Title is generated by Realmo AI

    950 North Cahuenga Boulevard, Los Angeles, CA 90038

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    Rare opportunity in the heart of Hollywood's Media District.

    Type:Retail/ Office/ Warehouse/ Light Industrial
    Property size:
    17,640 SF
    Added:
    Nov 25, 2025
    Days on Market:
    175
    Last Refresh:
    Dec 4 at 1:33 pm

    Property Features for 950 North Cahuenga Boulevard

    General Information

    Standard status
    Active
    Size
    17,640 SF
    Property subtype
    Retail/ Office/ Warehouse/ Light Industrial

    Building Details

    Year Built
    1921

    We can help!

    Listing Contact
    Shaun Riley

    Listing agent Shaun Riley License #CalDRE #01165160

    Listing office Faris Lee Investments

    Listing date Nov 25, 2025

    Source Farislee

    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 Faris Lee Investments

    HighLights

    • Prime Hollywood Media District location near major studios, experiencing gentrification and new development.
    • Flexible zoning allows for office, retail, and industrial use, ideal for multi‑use or income generation.
    • Rare signalized hard corner location with valuable on‑site parking.
    • Densely populated area with high average household income, providing a strong labor pool.
    • Building amenities include high ceilings, dock‑high truck well loading, and 4 ground‑level roll‑up doors.
    • Three separate buildings offer synergy for businesses needing multiple divisions under one roof.

    Overview

    Located in the heart of the Hollywood Media District, this property at 950 N. Cahuenga Blvd., Los Angeles, CA, presents an opportunity for owner-users or investors. The property is near Paramount Pictures and Quixote studios. The area is experiencing gentrification, with over 1 million square feet of new development or repurposing under construction or planned. The location provides walking distance access to Hollywood/Cahuenga corridor restaurants and easy access to Santa Monica Blvd., Sunset Blvd., the Hollywood (101) Freeway, the Hollywood and Vine station, and the Metro. The flexible zoning allows for various uses such as retail, office, and light industrial. The building includes high ceilings, dock-high truck well loading, and 4 ground-level roll-up doors. The location features three separate buildings, creating synergy for businesses looking to operate multiple divisions. Situated on a hard corner parcel at a signalized intersection, the property also benefits from a densely populated area with over 1 million residents within a 5-mile radius and an average annual household income exceeding $125,000. The property is in a central location to West Hollywood, Beverly Hills, and Hancock Park. The property size is 17,640 square feet. A rare in-place pole signage offers high visibility.
    Location Intelligence

    Current Use by Public Records

    ACTION ACTING LLC Theater & Performing Art Venue Space Station Artists ... High School Sight 'N' Sound ... Film Production Nancy Friedman Acting ... Theater & Performing Art Venue Street Scene Limousine Transportation Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Accounting Firm Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Glasswing Floral — 340 N Arden Blvd, Los Angeles, CA 90004
    • Janelly’s Flowers — 5718 Melrose Ave, Los Angeles, CA 90038
    • Mama Flowers Hollywood — 5870 Melrose Ave, Los Angeles, CA 90038
    • LARCHMONT VILLAGE FLORIST — 420 N Larchmont Blvd, Los Angeles, CA 90004
    • Floret Floral Design — 654 n larchmont blvd, los angeles, ca 90004

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.329
    Latitude
    34.0886

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    FAQs

    What type of property is this?
    Storefront property - Rare opportunity in the heart of Hollywood's Media District.
    Where is this storefront property located?
    The property is located at 950 North Cahuenga Boulevard Los Angeles, CA.
    What are key features of this property?
    This property features: Prime Hollywood Media District location near major studios, experiencing gentrification and new development.; Flexible zoning allows for office, retail, and industrial use, ideal for multi‑use or income generation.; Rare signalized hard corner location with valuable on‑site parking.
    (714) 608-3416
    We can help!
    Listing Contact
    Shaun Riley
    Real Estate License ID: CalDRE #01165160
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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