For Sale
$18,175,000

2626 Lacy StLos Angeles, CA 90031

Iconic LA Studio, 90,000 SF

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 90,000-square-foot creative industrial property, located at 2626 Lacy Street in Los Angeles, CA 90031, presents a unique investment opportunity. Situated on a 2.06-acre lot, this multi-building campus boasts 12 buildings across two stories, constructed in 1908 with renovations in 1948, 1980, and 2021. The property features over 25,000 square feet of creative office space, complemented by warehouse space, and has served as a prominent film production studio for over 40 years, hosting major studios and productions. Its prime location offers convenient access to the 5 and 110 freeways, and is directly adjacent to the Lincoln/Cypress Metro Rail Station (A Line). Zoned LAUI, this versatile property allows for a wide range of permitted uses, including light industrial and multi-family residential, presenting significant adaptive reuse potential. The property's existing infrastructure, including architectural courtyards, exposed brick, large industrial windows, loft spaces, exposed beams, and industrial lifts, adds to its appeal. Currently vacant, this property is ideal for an owner-user seeking creative office and production space, or for an investor looking to capitalize on its existing operations or pursue further development. The property's history as a successful film studio, combined with its strategic location and flexible zoning, makes it a compelling investment opportunity with potential for expansion into events and hospitality. The asking price is $18,175,000, with a price per square foot of $201.94. The property is located within the Arroyo Seco Specific Plan Area (CASP), offering streamlined project approval.

Highlights

  • Delivered vacant; ideal for owner-user or investment.
  • 90,000 SF creative office and production campus at the iconic Lacy Street Production Center.
  • 2.06-acre rectangular parcel with development potential.
  • Located in an Adaptive Reuse Incentive Area for streamlined project approvals.
  • Convenient freeway access via the 5 and 110 freeways.
  • Directly adjacent to the Lincoln/Cypress Metro Rail Station (A Line) and Metro 251 busway.

Property Details for 2626 Lacy St

Property type
Warehouses, Industrial properties
Square Feet
90,000 SF
Year Built
1908
Buildings
12
Stories
2
Lot Size (sq. ft)
89,734 SF

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.082261452079
Longitude
-118.21990997603
2626 Lacy St, Los Angeles, California

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2626 Lacy St
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