Studio City, CA 91604,12432 Moorpark St
$4,500,000
$4,800,000
6.3%
Est.Price: ?

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9,520 SqFt

12432 Moorpark St Studio City, CA 91604

Est. payment /mo
SOLD DATE : 12/23/2024

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Key Details

Sold Price $4,500,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 9,520 sqft

Price per Sqft $472

MLS Listing ID 24-440147

Year Built 1955

Lot Size 0.482 Acres

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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TheMLS (CLAW)
Listed by Coldwell Banker Realty
Bought with HVN Development, Inc

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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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