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

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0.48 Acres Lot

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

MLS Listing ID 24440147

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 Stud - Studio City

Zoning LAC2

Building

Lot Description Corner Lot

Story 1

Others

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Vahe A Shaghzo • Coldwell Banker Realty
Bought with Stephan Robb • HVN Development, Inc

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agent

Shirley Smith

Agent | License ID: 02046865

+1(619) 559-6548

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