Studio City, CA 91604,12432 Moorpark ST

$4,500,000

$4,800,000

6.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

0.48 Acres Lot


SOLD DATE : 12/23/2024

Key Details

Sold Price $4,500,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 24440147

Sold Date 12/23/24

HOA Y/N No

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

Interior

Fireplace No

Exterior

Total Parking Spaces 28

Building

Lot Description Corner Lot

Story 1

Others

Tax ID 2367001003

Financing Cash

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


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

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(562) 824-6227

msolmos2@gmail.com

6201 E Bayshore Walk, Beach, CA, 90804, USA

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.