New Studio City Townhouses Draw Digital Creators Thanks to Hybrid Zoning
The next evolution in maker’s homes is here, and it’s legal: Thirty Four Fifty West is a collection of townhomes starting at $ 1.015 million where light-filled multi-story units have rare live / work zoning approval for Los Angeles.
Located on the edge of Studio City, across from Universal Studios, Thirty Four Fifty West has hybrid zoning that allows people to have a full professional office or creative studio with industrial grade electricity and the like in spaces where they can also live in the luxury. The technical zoning designation is C2-1-VL, which means that the base zoning is general commercial with the 1-VL classification allowing live work use.
According to Hana Cha of The Agency Development Group, 12 units have been sold in 12 weeks to buyers, including the creators of TikTok and YouTube. (Three more are on deposit).
“We’ve had a tremendous response from creatives, who are responding to the location and flexibility of the live work setup,” says Guy Penini, principal at BLDG Partners, the company that developed and owns the building. “The residences are independent studios where buyers can film, edit and produce work without leaving their home base. [and] with lots of privacy and great light. “Most buyers use the first and second floors as creative office areas, reserving the third floor as a private residential.
Internet personality Andrew “King Bach” Bachelor is among the project’s buyers. “The convenient location … is what drew me to the space,” he says. “I immediately fell in love with the functionality of the unit. It is the perfect space to create, relax and do business. ”
For residents Malika and Zac Lim Eubank, co-founders of content studio Hyper Rabbit Media, the ability to have a state-of-the-art studio was a huge draw. “Having four floors makes it easier to balance work and life and helps keep up with the demands of social media and live streaming,” says Malika. “The commercial construction of the location allowed us the amount of electrical power we needed to power all of our production hardware, including our LED video wall.”
A version of this story first appeared in the July 21 issue of Newzpanda magazine. Click here for subscribe.