905 Cole Ave
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905 Cole Ave
5,000 SF Office Building Hollywood, CA 90038 $3,950,000 ($790/SF)
Investment Highlights
- Approximately 2,000 square feet of creative office space
- Studio/Theatre space can be easily converted into additional creative office space or many other uses
Executive Summary
Located at 905 Cole Avenue in Hollywood, this approximately 5,000 square foot, two-story creative office and studio building is currently available for sale. This property presents a unique opportunity for users or investors to acquire a well-appointed creative space in one of Los Angeles’s most sought-after markets with Netflix, Paramount, Viacom, Capitol Records, the Academy of Motion Picture Arts and Sciences, and Technicolor all having sizable presences in the area. Located on the west end of Hollywood’s Media District directly across from the legendary Television Center Studios, this area has its own unique personality favored by trendsetters, influencers and tastemakers alike. Currently built out as an actor’s studio and workshop with supporting offices, this property is suitable for a wide variety of creative uses.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built
1966
Price
$3,950,000
Price Per SF
$790
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,500 SF
Slab To Slab
11’
Building FAR
0.81
Land Acres
0.14 AC
Opportunity Zone
Yes
Zoning
MR1-1-SN - Restricted Industrial
Parking
8 Spaces (1.6 Spaces per 1,000 SF Leased)
Amenities
- Skylights
- Accent Lighting
- Air Conditioning
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Walk Score ®
Walker's Paradise (93)
Bike Score ®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 5533-021-011 | Improvements Assessment | $1,160,137 |
| Land Assessment | $2,900,348 | Total Assessment | $4,060,485 |
PROPERTY TAXES
Parcel Number
5533-021-011
Land Assessment
$2,900,348
Improvements Assessment
$1,160,137
Total Assessment
$4,060,485
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905 Cole Ave
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