5102 Vineland Ave - Specialty FOR SALE


North Hollywood, CA 91601
$5,250,000 USD
323-603-5045
5102 Vineland Ave, North Hollywood, CA for Sale
$5,250,000 USD
Specialty - FOR SALE
1/26
null | Request Cap Rate

5102 Vineland Ave
North Hollywood, CA 91601


OVERVIEW

Avison Young is pleased to present Track Record Studios at 5102 Vineland Avenue for both sale and lease. Track Record is one of the preeminent recording studios in all of Los Angeles. Recent tenants include Migos (Billboard #1 album in 2021), Kanye West/Def Jam Records (three #1’s during tenancy), and Harvey Mason Jr., current Grammy president (multiple Oscar and Grammy nominations while at Track Record). Originally developed in the early 1970s by Emmylou Harris and Brian Ahern, Track Record has also recorded inestimable artists including numerous gold and platinum records from Billy Idol, The Offspring, Red Hot Chili Peppers, Jane’s Addiction, Tupac, Dr. Dre, System of a Down, Maroon 5 and Snoop Dogg. The property is comprised of two, two-story freestanding buildings constructed on approximately 8,712 square feet of land. The main building consists of two recording studios with orchestra-capacity live tracking rooms that feature high ceilings, carefully designed acoustics and an SSL J Series console. There are also two production rooms with vocal booths. The second building houses three smaller productions rooms and an administrative office. The ten-space gated parking lot is at grade with ingress and egress on both Otsego Street and the alley in the rear of the property. The property is close to both the 134 and 170 freeways, making it easily accessible to Hollywood and the western San Fernando Valley. Just outside the NoHo Arts District, the surrounding area is rich in food & beverage and entertainment amenities.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$765 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Track Record Studio

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

C4, Los Angeles

APN/PARCEL ID

2419-002-016

ASK ABOUT THIS PROPERTY

Chase GordonAvison YoungMore Info
323-603-5045

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Chase GordonAvison YoungMore Info
323-603-5045

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.