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Creative Flex Space | Owner/User 734-736 N Highland Ave 3,856 SF 100% Leased Retail Building Los Angeles, CA 90038 $2,505,676 CAD ($649.81 CAD/SF)



INVESTMENT HIGHLIGHTS
- Creative Flex Space
- 2-Story Creative Ready Layout
- 15-FT Ceilings On Ground Floor
- Potential Live-Work | Excellent Location In The Hollywood Media District
- Owner/User - SBA Financing
- Abundant Natural Light | Two Separate Entrances | On-Site Parking
EXECUTIVE SUMMARY
The Floyd Group at Marcus & Millichap is pleased to present 736 N Highland Ave, an iconic mixed-use creative property located in the heart of the Hollywood Media District. This rare two-story ±3,856-square-foot building sits on a ±2,940-square-foot lot and offers owner-users, investors, and creative professionals an exceptional opportunity to own a legacy asset in one of Los Angeles’ most dynamic and culturally influential neighborhoods. Originally built in 1931, the building retains its early 20th-century character with exposed brick, soaring ceilings, and large windows that bathe the interior in natural light. With LAC2 zoning, the property supports a wide range of commercial, residential, and live/work uses, making it ideal for production studios, creative agencies, boutique firms, or hybrid operations.
Designed with functionality and flexibility in mind, the ground floor includes a full cyclorama studio (convertible to green screen), a dedicated makeup room, mezzanine, conference room, and production ready layout—perfect for photography, film, or content creation. The second level features a renovated open-concept office with two private offices, a kitchenette, and a breakroom—an ideal layout for creative teams or collaborative workspaces. Separate entrances on each floor allow for independent or multitenant occupancy. Strategically located just south of Melrose Ave on Highland, the property offers exceptional visibility with over 35,000 vehicles passing daily and boasts a Walk Score of 89. It’s also only 1.4 miles from the Hollywood/Highland Metro B-Line, providing convenient public transit access for teams and clients alike. This vibrant pocket of Hollywood is home to top-tier employers such as Paramount Pictures, Netflix, Sunset Las Palmas, and Quixote Studios, and is surrounded by upscale dining, retail, and lifestyle destinations including Gigi’s, Mozza, Tartine, Petit Trois, Sightglass Coffee, and République. Neighboring districts like West Hollywood, Hancock Park, Melrose Arts District, and Larchmont Village contribute to the neighborhood’s cultural and economic richness. The surrounding area is experiencing a powerful wave of development, with notable projects like the Sycamore District, CIM Group’s Highland & Santa Monica project, and multiple adaptive reuse conversions reshaping the corridor into a hub for modern creative commerce.
Designed with functionality and flexibility in mind, the ground floor includes a full cyclorama studio (convertible to green screen), a dedicated makeup room, mezzanine, conference room, and production ready layout—perfect for photography, film, or content creation. The second level features a renovated open-concept office with two private offices, a kitchenette, and a breakroom—an ideal layout for creative teams or collaborative workspaces. Separate entrances on each floor allow for independent or multitenant occupancy. Strategically located just south of Melrose Ave on Highland, the property offers exceptional visibility with over 35,000 vehicles passing daily and boasts a Walk Score of 89. It’s also only 1.4 miles from the Hollywood/Highland Metro B-Line, providing convenient public transit access for teams and clients alike. This vibrant pocket of Hollywood is home to top-tier employers such as Paramount Pictures, Netflix, Sunset Las Palmas, and Quixote Studios, and is surrounded by upscale dining, retail, and lifestyle destinations including Gigi’s, Mozza, Tartine, Petit Trois, Sightglass Coffee, and République. Neighboring districts like West Hollywood, Hancock Park, Melrose Arts District, and Larchmont Village contribute to the neighborhood’s cultural and economic richness. The surrounding area is experiencing a powerful wave of development, with notable projects like the Sycamore District, CIM Group’s Highland & Santa Monica project, and multiple adaptive reuse conversions reshaping the corridor into a hub for modern creative commerce.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,856 SF
Building Class
B
Year Built/Renovated
1931/2022
Price
$2,505,676 CAD
Price Per SF
$649.81 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.31
Lot Size
0.07 AC
Zoning
C2 - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses
Parking
4 Spaces (1.04 Spaces per 1,000 SF Leased)
Frontage
25’ on Highland Ave
AMENITIES
- Atrium
- Skylights
- Air Conditioning
Walk Score®
Very Walkable (89)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5524-011-020 | Improvements Assessment | $301,977 CAD |
| Land Assessment | $849,154 CAD | Total Assessment | $1,151,130 CAD |
PROPERTY TAXES
Parcel Number
5524-011-020
Land Assessment
$849,154 CAD
Improvements Assessment
$301,977 CAD
Total Assessment
$1,151,130 CAD
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Creative Flex Space | Owner/User | 734-736 N Highland Ave
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