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Michael Onyemaobi Of Compass O Street Group Sells Creative Industrial Asset In Canoga Park For $4.85M

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SOLD
$4,850,000

California

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Industrial20,038 SF
Sold 03/27/2026
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Property Image
SOLD

Michael Onyemaobi Of Compass O Street Group Sells Creative Industrial Asset In Canoga Park For $4.85M

20938 Osborne Street

See Similar Deals
Industrial20,038 SF
Sold 03/27/2026
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$242
Total Square Footage:20,038 SF
Transaction Type:Sale

The property asset involved in this transaction is an industrial asset located at 20938 Osborne Street in Canoga Park, Los Angeles. The sale price of the property was $4,850,000, encompassing a total square footage of 20,038. The price per square foot is calculated at $242.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $4,850,000
  • Address: 20938 Osborne Street
  • Market: Canoga Park
  • Square Footage: 20,038
  • Price per Square Foot: $242
  • Buyer's Representative: Michael Onyemaobi - Compass - O Street Group
  • Lender: Zak Karzi - LendMe

This transaction was facilitated by Michael Onyemaobi of Compass’s O Street Group, which emphasizes the group's involvement in closing the sale of this creative industrial asset. The previous use of this property as a hub for Kevin Hart’s HartBeat Studios highlights its relevance within the media and creative sectors of the San Fernando Valley.

Players

Michael Onyemaobi
Compass
Michael Onyemaobi
1 deal$4.9M volume(424) 944-5145
BROKER

Details

SOLD
IMAGE: Michael Onyemaobi DATE: 03/27/2026 ADDRESS: 20938 Osborne Street MARKET: Canoga Park ASSET TYPE: Industrial BUYER'S REP: Michael Onyemaobi (@Yoyo) - Compass (@Compass) - O Street Group (@OStreetGroup) LENDER: Zak Karzi - LendMe SALE PRICE: $4,850,000 SF: 20,038 ~ PPSF: $242 NOTE: Compass’s O Street Group, led by Partner Michael Onyemaobi, has closed the sale of a $4.85 million creative industrial asset in LA’s San Fernando Valley, formerly home to Kevin Hart’s HartBeat Studios, totaling over 20,000 square feet. Located in one of the region’s premier media and creative corridors, the property previously served as a hub for Hart’s global entertainment platform, underscoring its positioning within the Valley’s production and content ecosystem. The transaction reflects sustained demand for creative industrial product across Los Angeles, where limited supply and a shortage of functional, media-ready inventory continue to concentrate competition around well-located assets.

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