6208 Santa Monica Blvd

Location Overview

The subject property is located adjacent to the Hollywood Media District, home to over 350 businesses including the largest entertainment, media and post production companies in the world.

Paramount Studios, Milk Studios, RED Studios, Hollywood Center Studios and The Formosa Group and Television Center are all located less than a mile from the property.

Hollywood has been undergoing a slew of mixed-use and office developments attracting more media and entertainment companies which is dramatically changing the neighborhood’s demographics.

Blackstone recently purchased a stake in Hudson Pacific’s Hollywood Media Portfolio, and the new venture plans to build up to 1.1 million square feet of office and production space at Sunset Gower and Sunset Las Palmas studios. BLT Enterprises recently purchased the 200,000 square foot Television Center in Hollywood, and plans to improve the 6.4 acre campus as the Hollywood Media Center, five blocks from the subject property. Finally, the subject property is less than a mile from Kilroy’s mixed use Academy On Vine project, which comprises 350,000 square feet of Netflix office space along with studios, retail, residential and a beautiful pedestrian paseo, walking distance away.

Property Highlights

• Enterprise Zone: Allows for a lower parking ratio for most commercial uses increasing the buildable  area of the parcel. See Zoning Code Section 12.21A4(x)(3)
• A qualified buyer can lock in record low SBA 504 loan rates for 25 years with 10% down!
• Opportunity Zone: Buyer may be able to defer capital gains by investing through a qualified opportunity fund.
• Owner-user can terminate ground-floor tenancy with 30-day notice.
• Endless possibilities for different businesses.