$4,800,000
12432 Moorpark Street Studio City (los Angeles), CA 91604
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$4,800,000
Est. payment /mo
9,520 SqFt
UPDATED:
11/12/2024 11:11 PM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Pending
Purchase Type For Sale
Square Footage 9,520 sqft
Price per Sqft $504
MLS Listing ID CL24440147
HOA Y/N No
Year Built 1955
Lot Size 0.482 Acres
Acres 0.48
Property Description
Prime Studio City Commercial Property First Time on the Market!This exceptional corner property offers a rare opportunity to own a fully occupied retail complex in the heart of Studio City. Featuring three separate buildings with a total of 8 fully leased retail spaces, this property presents incredible investment potential.Key Features: Lot Size:21,009 sq. ft., Building Size: 9,520 sq. ft., Zoning: C2 and R2 (per city records), Occupancy: 100% (8 retail spaces)Future Potential:Significant upside for redevelopment or reconfiguration with mixed-use or residential opportunities (subject to city approvals).This is a highly sought-after location in a thriving neighborhood, with excellent street visibility and foot traffic. Whether you're looking to invest in a solid income-producing asset or exploring redevelopment possibilities, this property offers unparalleled upside.Don't miss this chance to acquire a prime piece of Studio City real estate! ***All Offers must be on CAR Commercial Purchase Agreement.
Location
State CA
County Los Angeles
Area Listing
Zoning LAC2
Interior
Fireplace No
Exterior
Total Parking Spaces 28
Building
New Construction No
Others
Tax ID 2367001003
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Listed by Vahe A Shaghzo • Coldwell Banker Realty
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122