Under contract
Active Under Contract
12432 Moorpark Street
Studio City CA, 91604
$4,800,000
$504.20 per sqft
Under contract
Active Under Contract
9,520 sqft
Commercial
Built in 1955
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.
24440147
MLSⓇ ID
September 16, 2024
Listed
October 9, 2024
Updated
Map
12432 Moorpark Street
Studio City CA, 91604
Interior Features
Total Stories
1
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.48 Acres
Lot Features
Corner Lot
Other Property Details
Area Name
STUD - Studio City
Days on Market
23
Garage
No
Parking Total
28
View
No
County
Los Angeles
Pool
No
Zoning
LAC2
Listing History
Date | Event | Price |
---|---|---|
10/9/2024 | Under contract | — |
10/1/2024 | Price change | $4,800,000 -4% |
Listed by Vahe A Shaghzo, Coldwell Banker Realty, CA DRE 01367507
Listing Contact: 310-777-6388
Based on information from the CRISNet MLS as of 10/9/2024, 7:14 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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