Trending...
- The 2025 ESPY Awards After Party- Presented by Poppi & High Noon
- General Auction Company Announces August 8th Auction- Now Accepting Consignments
- $53 Million Company Valuation Investment with Majority Acquisition Option, Plus New Stock CUSIP Supporting Brand Transition of Fan Engagement Company
Thirty Four Fifty West is the future of a post-covid lifestyle with the rise of owner/user and flexible live-work spaces
UNIVERSAL CITY, Calif. - Californer -- Lee & Associates- LA North/Ventura (https://www.lee-associates.com/offices/office/?...) brokers Scott Romick, managing director and principal and Darren Casamassima, principal, have negotiated the sale of a number of units at Thirty Four Fifty West located at 3450 Cahuenga Blvd. West, Universal City, CA (https://thirtyfourfiftywest.com/live-work/). The most recent sale was for a nearly 2,000 square foot unit for $960,000. Romick and Casamassima represented the buyer, a private owner user in the fashion industry.
"Many businesses have been moving out of large multi-tenant buildings to smaller self-contained and controlled, private buildings for their own use. Additionally, with low SBA rates and attractive terms, partially due to the CARES Act, buying a building is relatively easy," said Scott Romick.
More on The Californer
Romick and Casamassima of Lee and Associates- LA North/Ventura were retained to represent the owner in the sale of these special owner/user opportunities in one of the most unique real estate assets in this market. So far, 25 have been sold in the last 24 months with 4 already in 2021. Buyers have mostly been companies that appreciated the location, value, security and style of the property, especially with operable windows, usable balconies and a small yard.
"Production studios are in demand in Los Angeles but so are the multimedia office complexes nearby. 3450 West is in a prime location as the campus lies at the crossroads between the East Valley Media and Entertainment area and Hollywood, central to all of the main Film and TV studios, new and old mediums," said Darren Casamassima. "We're very close to some of the many studio and production-focused office developments in the works around Los Angeles. Many have been fueled by the rise in original content on streaming platforms from Amazon, Netflix, Apple and Disney. Work is underway on NBC Universal's 400,000-square-foot office campus at the Universal Studios backlot in Universal City which is just around the corner."
To learn more about 3450 West, reach out to Scott Romick and Darren Casamassima and visit lee-associates.com (http://www.lee-associates.com/) and/or www.3450cahuenga.com.
"Many businesses have been moving out of large multi-tenant buildings to smaller self-contained and controlled, private buildings for their own use. Additionally, with low SBA rates and attractive terms, partially due to the CARES Act, buying a building is relatively easy," said Scott Romick.
More on The Californer
- A Century of Compassion: Butte Humane Society Hosts 114th Anniversary Gilded Garden Gala
- United Set to Hire More Special Olympics Athletes As Customer Service Ambassadors
- Exelon Leader Tamla Olivier Named 2025 Technologist of the Year by Waves of Change STEM Conference
- KIDZ BOP RELEASES BRAND NEW ALBUM 'KIDZ BOP 51' FEATURING HITS "APT" & "PINK PONY CLUB"
- Be Part of the World's Largest Art Biennale | Moons, Castles, Trees | Copenhagen Chronotopes
Romick and Casamassima of Lee and Associates- LA North/Ventura were retained to represent the owner in the sale of these special owner/user opportunities in one of the most unique real estate assets in this market. So far, 25 have been sold in the last 24 months with 4 already in 2021. Buyers have mostly been companies that appreciated the location, value, security and style of the property, especially with operable windows, usable balconies and a small yard.
"Production studios are in demand in Los Angeles but so are the multimedia office complexes nearby. 3450 West is in a prime location as the campus lies at the crossroads between the East Valley Media and Entertainment area and Hollywood, central to all of the main Film and TV studios, new and old mediums," said Darren Casamassima. "We're very close to some of the many studio and production-focused office developments in the works around Los Angeles. Many have been fueled by the rise in original content on streaming platforms from Amazon, Netflix, Apple and Disney. Work is underway on NBC Universal's 400,000-square-foot office campus at the Universal Studios backlot in Universal City which is just around the corner."
To learn more about 3450 West, reach out to Scott Romick and Darren Casamassima and visit lee-associates.com (http://www.lee-associates.com/) and/or www.3450cahuenga.com.
Source: The Hoyt Organization
Filed Under: Real Estate
0 Comments
Latest on The Californer
- City of Long Beach to Celebrate Completion of MacArthur Park Rehabilitation Project
- California Family Launches Billboard to Reach "Pardon Czar" Alice Marie Johnson
- California: ICYMI: 287,000 jobs and $55 billion in economic growth on the line with key climate program's extension
- Rent Like A Champion Acquires CollegeWeekends
- WNBA Rising Star Jacy Sheldon Makes History with HOLO's First-Ever WNBA Signature Sneaker
- Sumter Landing Dental Care Launches Summer Special on Full Mouth Reconstruction
- Seligson Law Launches New Website to Support Cannabis Businesses in California and New York
- City of Long Beach to Celebrate Improvements at El Dorado Park
- Club Offers Released on July 17, 2025
- databahn Announces Subscription Access to Fortune 500 GenAI Deep Dive Sales Intelligence Reports
- Up Hill Concierge Launches Curated LA Hospitality for FIFA 2026, Super Bowl, NBA All-Star & LA28
- AI startup Congero offers instant websites with 24/7 updates - aiming to replace web agencies
- Vaulted Deep Signs Deal with Microsoft to Remove Carbon via Waste Management Infrastructure
- The Recording Academy Extends Invitation to The World's No.1 Superstar™—But He's Not Chasing the Award
- WonderDays Launches the UK's First AI Experience Gift Finder – Gifting Just Got So Much Easier!
- CelluHeal™ Launches Full Line of Advanced Wound Dressings for Online Purchase in the USA, Canada, and Beyond
- California: Governor Newsom responds to Trump's latest gift to China: Defunding America's only high-speed rail
- California: Governor Newsom announces appointments 7.16.25
- California: Governor Newsom calls on Trump to end Los Angeles militarization, shares community resources
- City of Long Beach to Host Compost and Recycling Ambassador Program