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Recording studios tied to Taylor Swift, Johnny Cash test market for music history

Legacy properties seek users in Los Angeles and in Nashville, Tennessee
Track Record Studios in Los Angeles is being marketed partly on the acoustics, equipment and recording history that owners say remain difficult to replicate. (CoStar)
Track Record Studios in Los Angeles is being marketed partly on the acoustics, equipment and recording history that owners say remain difficult to replicate. (CoStar)
CoStar News
September 28, 2026 | 2:17 AM

Rapidly changing technology has been shifting the financial dynamics of the music industry for years. Now recording studios tied to generations of chart-topping artists hitting the market in music-production hubs are testing whether specialized properties still hold value in a business increasingly shaped by digital tools and home recording.

Two Los Angeles properties are being marketed not only for their real estate but also for the acoustics, equipment and recording pedigree that owners say still draw artists despite the industry's technological evolution leading to most music to be bought and accessed online.

Outside Nashville, meanwhile, the Dark Horse Estate, a recording compound that has hosted artists including Taylor Swift and Keith Urban, remains on the market as owners position some studios as destination retreats as much as production facilities.

"When something iconic or meaningful was recorded in a room, artists want to capture that same energy," said Chase Gordon, a principal at Avison Young who is marketing Track Record Studios, one of the for-sale properties in Los Angeles. "We refer to it as good juju."

Dark Horse Estate near Nashville combines a professional recording studio, residences and gathering spaces, reflecting a growing effort to market music-production properties as creative retreats as well as recording facilities. (Homes.com)
Dark Horse Estate near Nashville combines a professional recording studio, residences and gathering spaces, reflecting a growing effort to market music-production properties as creative retreats as well as recording facilities. (Homes.com)

Digital production tools and home studios have eliminated much of the need for traditional recording space, allowing artists to produce professional-quality music almost anywhere. Yet industry veterans say the surviving facilities with expansive live rooms, vintage gear and decades of recording history may be becoming more valuable as they grow harder to replicate.

The test comes as U.S. recorded-music revenue increased 6.9% to $6 billion during the first half of 2026, according to the Recording Industry Association of America. Streaming, physical formats and licensing all posted gains.

US singer-songwriter Taylor Swift performs onstage on the first night of her "Eras Tour" at AT&T Stadium in Arlington, Texas, on March 31, 2023. (Photo by SUZANNE CORDEIRO / AFP) (Photo by SUZANNE CORDEIRO/AFP via Getty Images) (AFP via Getty Images)
Dark Horse Estate outside Nashville has hosted Taylor Swift. (AFP via Getty Images)

"The first wave of recording-studio sales was driven by the underlying real estate, and the second came when digital music decimated the recording business," said Nicole Mihalka, a CBRE senior vice president marketing LA Studios.

She added that "now artists who learned to make records in bedrooms and bathrooms have figured out how to monetize that music, and they're coming back for a more professional product with real instruments and real rooms."

Los Angeles studios seek next act

That resurgence is concentrating traditional recording work in a handful of cities with the artists, engineers and infrastructure to support it.

Los Angeles remains a center for pop music and entertainment-related audio production, while Nashville's songwriting industry and collection of legacy rooms make it the strongest competing market.

New York remains influential for labels, podcasts and broader media production but lacks the same inventory of large purpose-built recording facilities, Mihalka said.

Track Record Studios features a large acoustically engineered recording room that brokers say reflects the specialized spaces helping some legacy studios retain appeal in the age of home recording. (CoStar)
Track Record Studios features a large acoustically engineered recording room that brokers say reflects the specialized spaces helping some legacy studios retain appeal in the age of home recording. (CoStar)

The marketing of two Los Angeles recording studios, Track Record Studios and LA Studios, highlights a niche corner of commercial real estate where a property's history can be as important as its square footage.

Paramount Recording is asking $5.25 million for Track Record Studios at 5102 Vineland Ave., while also offering the property for lease at $45,000 per month.

PARIS, FRANCE - OCTOBER 02: Kanye West aka Ye is seen wearing a Balenciaga boxing mouthguard, outside Givenchy, during Paris Fashion Week - Womenswear Spring/Summer 2023 - Day Seven on October 02, 2022 in Paris, France. (Photo by Edward Berthelot/GC Images) (GC Images)
Kanye West's GOOD Music recently used Track Record Studios. (GC Images)

The property includes two freestanding buildings totaling about 6,865 square feet, with recording studios, production rooms and offices arranged around a gated parking area. Singer-songwriter Emmylou Harris and producer Brian Ahern developed the facility during the 1970s, and it later evolved from a rock-oriented studio into a destination for hip-hop artists and producers.

Recent users have included Billy Idol, the Offspring, Kanye West's GOOD Music and Migos. Producer Metro Boomin most recently leased the entire compound and treated it like a creative headquarters, with artists and collaborators cycling through at all hours as projects moved toward completion.

Echoes of the past

The centerpiece is a soaring live room beneath exposed bow-truss ceilings, where enough space exists for a small orchestra, a full band or a video-production backdrop. At its center sits an analog mixing console that Gordon said was last appraised at roughly $1 million.

Its greatest advantage may be something harder to quantify.

"The guys who knew how to build all the best studios are retired or dead," Gordon said. "Few modern facilities sound like these older ones because the floating floors, the walls and the acoustic treatments were done differently."

LA Studios has operated continuously since 1979 and is among a handful of Southern California recording facilities being marketed as investors weigh the value of specialized music-production real estate. (CoStar)
LA Studios has operated continuously since 1979 and is among a handful of Southern California recording facilities being marketed as investors weigh the value of specialized music-production real estate. (CoStar)

The listing comes at a transitional moment for the property. After Metro Boomin chose not to renew his lease, Gordon said Paramount viewed the vacancy as an opportunity to gauge investor interest in the property while simplifying operations.

About four miles away, the 10,731-square-foot LA Studios complex at 3449-3453 Cahuenga Blvd. is listed for $5.95 million. Operating continuously since 1979, the property contains six studios used for ensemble recordings, voiceovers and sound replacement for films, television shows and video games.

Both properties sit within a cluster stretching from Hollywood to Studio City, North Hollywood and Burbank, where recording facilities benefit from proximity to film and television production, entertainment companies and a deep pool of engineers, producers and performers.

Nashville offers recent comparisons

Comparable sales can be difficult to find because recording studios trade infrequently and are often highly customized properties.

One recent benchmark emerged in Nashville earlier this year when TMEC Nashville purchased the 8,560-square-foot Benchmark Sound recording facility on Music Row for $3.85 million.

Formerly known as Emerald Sound Studio, the property contains recording studios, songwriting rooms and isolation booths and has hosted artists ranging from Johnny Cash and George Strait to Bon Jovi.

'When something iconic or meaningful was recorded in a room, artists want to capture that same energy'
Chase Gordon, Avison Young principal

Outside Nashville, The Dark Horse Estate in Franklin combines an approximately 8,900-square-foot recording compound with residences and gathering spaces across 10 riverfront acres, allowing artists to sleep, write and record without leaving the property.

The more than 23,000-square-foot estate, which has hosted Taylor Swift, Keith Urban, Carrie Underwood and Tim McGraw, has been marketed at prices ranging from $19.5 million to $24 million.

Its accommodations reflect how some owners are repositioning studios as creative retreats and destination properties rather than simply renting access to recording equipment.

Recording studios adapt

The rise of affordable digital recording software and professional-grade equipment has dramatically reduced artists' dependence on traditional studios. Artists can now produce commercially successful music from bedrooms, home offices and private studios, eliminating much of the need for the large commercial facilities that once dominated the industry.

That shift contributed to years of consolidation across the studio business, as many facilities closed or were converted to other uses.

Brokers and studio operators say the properties attracting interest today tend to offer the very features that are hardest to recreate at home: expansive live rooms, specialized acoustics, vintage equipment and recording environments refined over decades.

Benchmark Sound, a five-story recording studio facility in Nashville's Music Row district, sold for $3.85 million earlier this year. (Avison Young)
Benchmark Sound, a five-story recording studio facility in Nashville's Music Row district, sold for $3.85 million earlier this year. (Avison Young)

The trend extends beyond Los Angeles and Nashville. In Oakland, California, Studio 880, the former Green Day-owned recording compound known as Jingletown Recording Studios, recently hit the market for $3.9 million. The listing, which highlights the property's three decades of recording history, adds another music-industry landmark to the nation's inventory of available studios.

Owners increasingly market such facilities as creative campuses rather than simply places to record music.

A number of properties include lounges, kitchens, sleeping quarters and gathering spaces designed to keep artists, producers and collaborators working together in one place, reflecting a growing emphasis on the experience of making music as much as the technology itself.

Who buys a recording studio?

Artists and producers remain the most natural source of interested buyers; they can occupy the facilities themselves while renting them to other performers between projects.

Recording companies and studio operators use a similar model across multiple properties, allowing facilities catering to different genres to share staff and operating costs.

The buyer pool also includes wealthy music enthusiasts who earned fortunes in technology, finance or real estate and view ownership of a historic studio much the same way others might view a classic-car collection or a landmark sports property.

Media and technology companies are a growing source of demand. Gordon said video game developers have explored using recording studios for music and dialogue production alongside conventional office functions.

Track Record Studios is among a handful of high-profile recording properties hitting the market as owners test demand for music-production real estate in Los Angeles and Nashville. (CoStar)
Track Record Studios is among a handful of high-profile recording properties hitting the market as owners test demand for music-production real estate in Los Angeles and Nashville. (CoStar)

A new owner also inherits more than an acoustically treated building — they inherit the challenges that come along with keeping a specialized property up and running. Recording sessions often depend on decades-old equipment with quirks that only experienced operators understand.

Even so, those quirks can help clinch a deal.

"You can give them a brand-new, shiny studio, but it lacks that soul," Gordon said. "Historic performances and records made in a particular space weigh heavily on artists. They want to capture that energy."

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