6850 Lexington AveLos Angeles, CA 90038

Property Details for 6850 Lexington Ave

Year built

1968

Construction

TILT-UP CONCRETE

Lot size

0.43 AC

Property size (Sq ft)

19,350 SF

Zone code

LAM1

Property type

Office properties

Property subtype

Office buildings

APN

5532-018-010

APU

5532018010

Description

This exceptional 20,000-square-foot office building at 6850 Lexington Avenue in Los Angeles, CA 90038, presents a unique investment opportunity. Currently operating as a fully functional post-production facility, this property boasts state-of-the-art infrastructure, including three cutting-edge post and audio stages. The asking price is $11,750,000, translating to $587.50 per square foot. The property sits on an 18,760-square-foot lot and offers ample parking—75 spaces total, with 32 on-site and additional leasing options nearby. The building features a secure campus-style environment, enhancing safety and privacy. Internal amenities include a welcoming reception area, multiple conference rooms, numerous edit bays, dedicated writers' rooms, and multiple kitchens. This property has been exceptionally well-maintained and has not been on the market for over 45 years. The existing lease on the equipment can be assigned to the new owner, or new equipment can be installed. A virtual tour is available online. This is an unparalleled chance to acquire a turnkey creative office space in a highly desirable Los Angeles location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,690,605

  6.5%

  $5,252,866

  7%

  $4,877,661

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,679,596

  Geo Method

  $3,679,596

• Alternative Use

  Use

  Valuation

  Residential

  $6,513,554

  Hospitality

  $5,966,380

  Educational

  $4,963,958

  Medical

  $5,134,676

  Retail

  $7,721,713

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0923

Longitude

-118.34

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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