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9640 Owensmouth Avenue

Updated Aug 7, 2026

Dhar Mann Studios Acquires Industrial Property In Chatsworth For $23 Million From Gem Realty Capital And Lincoln Property Company
SOLDIndustrial

Dhar Mann Studios Acquires Industrial Property In Chatsworth For $23 Million From Gem Realty Capital And Lincoln Property Company

9640 Owensmouth Avenue

$23,000,000

$213/SF

Building Size

108,000 SF

Asset Type

Industrial

Closing

Aug 7, 2026

About this deal

AI

The property asset involved in this transaction is an industrial facility located at 9640 Owensmouth Avenue in Chatsworth, CA. The sale price for the property was $23,000,000, encompassing a total area of 108,000 square feet, situated on a three-acre lot. The price per square foot for this transaction is $213.

Summary of transaction details:

Dhar Mann Studios acquired the Crimson Studios production campus as part of their relocation strategy from Burbank, targeting a move in 2027. The sellers, Gem Realty Capital and Lincoln Property Company, divested the property below their 2021 purchase price amid a softening studio real estate market in Los Angeles.

On the Map

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$23,000,000

$213/SF

Industrial

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Players

Clay Duvall

Broker

$2.5B

vol

35 deals

Broker

Dhar Mann

Buyer

$49.6M

vol

3 deals

Buyer
Clay Duvall

Clay Duvall

Lincoln Property Company

Seller

$2.5B

vol

35 deals

Seller
Bilt advertisement

Chatsworth Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $213 per square foot on a published $23M for 108,000 square feet (2026).

Visit Dhar Mann to view all their deals.

Browse Chatsworth industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.69%

Cash-on-Cash

-0.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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