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Valencia Studios is up for sale

Posted: June 20, 2014 6:22 p.m.
Updated: June 20, 2014 6:22 p.m.
 

Valencia Studios on Avenue Hall has been put up for sale.

Built and opened in 1985, the studios were reportedly sold in 1992 by their founder and later acquired by Valencia Studios NKG, LLC in 2004.

The studios in the Valencia Industrial Center contain six sound stages ranging in size from 6,000 to 13,000 square feet, according to the studio’s website.

The list price is $18.8 million.

In total, however, the studios have nearly 121,000 square feet of space. They also have nearly three parking spaces per every 1,000 square feet of space — a premium in the industrial market.

CBS Paramount Television leases the freeway-close sound stages for its television series “NCIS.”

Two industry sources indicate the property is being represented by CBRE. The property was also recently listed on a real estate search website.

The owner of the studios is out of town, and the studio manager did not return a call for comment.

The studios are located within Hollywood’s 30 mile zone.

 

 

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