$4,800,000
12432 Moorpark St Studio City, CA 91604
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$4,800,000
Est. payment /mo
9,520 SqFt
Active Under Contract
12432 Moorpark St Studio City, CA 91604
UPDATED:
10/09/2024 06:33 PM
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 9,520 sqft
Price per Sqft $504
MLS Listing ID 24-440147
Year Built 1955
Lot Size 0.482 Acres
Acres 0.1608
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 Studio City
Zoning LAC2
Exterior
Garage Spaces 28.0
Building
Story 1
Others
Special Listing Condition Standard
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The information 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by Coldwell Banker Realty