729 Seward St
Los Angeles, CA
Property Type: Flex Industrial/Production
This mixed-use industrial property sold for $1.42 million, attracting buyers with its flexible creative office and warehouse configuration in the high-demand North Hollywood submarket.
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729 Seward St, Los Angeles, CA | Transaction Overview
The Seward House, located at 729 Seward Street in Los Angeles, sold on May 20, 2020, in a landmark transaction. The property, consisting of three buildings totaling 30,467 rentable square feet, is situated on 1.04 acres in the heart of the Hollywood Media District. Originally built in 1925, the buildings underwent extensive renovations in 2019 to meet the highest creative office specifications. The portfolio includes the 729 and 733 N. Seward Street buildings, measuring 15,450 square feet and 5,844 square feet, respectively. These upgrades have positioned the Seward House as a premier destination for entertainment and production tenants, blending historical charm with modern efficiency.
The art deco design of the Seward House, coupled with its modern enhancements, creates a unique offering in Los Angeles’ office market. The property includes spacious open work areas, private glass-enclosed offices, and executive suites with high ceilings and natural light. Key amenities such as a well-appointed kitchen, conference rooms, outdoor patios, and a whimsical tubular slide offer tenants an inspiring and collaborative environment. The property’s ample parking and location within the California State Enterprise Zone add further value to this creative campus.
729 Seward St, Los Angeles, CA | Additional Insights
Located in the Hollywood Media District, the Seward House benefits from its proximity to major production hubs, studios, and cultural landmarks. Situated near key transportation corridors, including the Metro Red Line and major freeways, the property offers convenient access for tenants and visitors alike. This area is a magnet for creative industries, making the Seward House a prime location for production and entertainment companies.
The renovations in 2019 transformed the property into a state-of-the-art creative campus while preserving its historic charm. With features like a marble fireplace, textured wallpaper, and exposed brick walls, the Seward House offers a perfect balance of luxury and industrial design. Its bunker-like lower level, expansive production spaces, and executive loft-style offices make it a standout choice for tenants seeking a combination of functionality and aesthetic appeal. The transaction reflects the increasing demand for high-quality creative office spaces in Los Angeles.
Sale Price
$23,500,000
Square Footage
30,467
Closing Date:
5/20/20
Transaction Type
Off-Market
Seller Represented by Madison Partners:
HQ Development
Buyer
BARDAS Investment Group