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Note

6309 Eleanor Ave, Los Angeles, CA 90038, USA

Listing was updated at: 01/31/2019

Property Overview

Price/Rent PSF $ 8,900,000.00
Asset Type Office
Trade Type Sale
SQ. FT. Available 27,700
Date Available 01/31/2019
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Description

Location
BKS is located in the Hollywood Media District in an area with studio roots dating back to Buster Keaton Studios. Hollywood has over $1.5B in development projects, many within walking distance. Although, these project bring more creative office than any other sub-market in Los Angeles, thousands of apartment units, new retail and more hotel units, no new studio space is under construction in Hollywood! The shortage of studios in Hollywood has led to rising rates and limited availability. Further, demand by the entertainment and technology industries including the high-profile additions of Netflix and Viacom, have made Hollywood the hottest creative office market, resulting in the lowest vacancy and highest rental rates in Los Angeles.

Sale
The offering of the Ben Kitay Studios ("BKS") includes the real estate owned and leased. BKS is a thirty-year-old studio rental company with an in-demand market niche in the core of the Hollywood Media District. This unique offering comes at a time when both studio and creative office space demand are at an all-time high. The property will be delivered vacant.

Location

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