Studio City (los Angeles), CA 91604,12432 Moorpark Street

$4,500,000

Est. payment /mo

$4,800,000

6.3%
Est.Price: ?

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12432 Moorpark Street Studio City (los Angeles), CA 91604

9,520 SqFt

SOLD DATE : 12/23/2024

Key Details

Sold Price $4,500,000

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Sold

Purchase Type For Sale

Square Footage 9,520 sqft

Price per Sqft $472

MLS Listing ID CL24440147

Sold Date 12/23/24

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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Bridge MLS
Listed by Vahe A Shaghzo • Coldwell Banker Realty
Bought with Datashare Cr Don't DeleteDefault Agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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