Occidental Studios, a century-old Hollywood soundstage lot, cuts its listing price to $25 million after price drop

Occidental Studios, a century-old Hollywood soundstage complex in Los Angeles that bills itself as the longest continuous operating studio lot in the city, has returned to the real estate market with a reworked listing and a lower price, according to The Hollywood Reporter. The outlet said the main lot’s asking price has been cut from $45 million to $25 million.

The reporting described the change as part of a refreshed sales effort, with the studio complex again seeking buyers under revised terms. It follows a prior listing at the higher figure, with the latest update reflecting a substantial reduction in the amount being requested for the property.

Occidental Studios has marketed the facility around its long operating history, emphasizing its status as a continuing Hollywood production site rather than a former studio converted to other uses. In The Hollywood Reporter’s account, the reworked listing keeps the studio’s branding centered on its continuity and its role in the local production ecosystem.

The article did not indicate any change in the studio’s operating status as part of the price revision, but it framed the new listing as a business decision tied to the property’s sale process. A lower asking price can affect buyer interest and negotiating leverage, particularly for entertainment real estate where demand is closely tied to production needs and the costs of site operations.

The re-listing also underscores the ongoing presence of large-scale soundstage and production-lot inventory in Los Angeles, where studio space is treated as both a cultural infrastructure and an asset with financial and contractual implications. For productions that rely on established staging locations, changes in ownership processes can raise practical questions about continuity, even when the seller’s intent remains focused on the sale timeline.

The next step in the process will be whether the $25 million asking price draws new offers or reopens negotiations with prospective buyers. If a deal is reached, the transaction could reshape control of one of the city’s long-running production properties, affecting how the studio’s spaces are marketed and managed going forward.