Under contract
Active Under Contract
12432 Moorpark Street
Studio City CA, 91604
$4,800,000
$504.20 per sqft
Under contract
Active Under Contract
9,520 sqft
Commercial
Built in 1955
Listed by Vahe A Shaghzo with Coldwell Banker Realty 310-777-6388
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.
24440147
MLSⓇ ID
September 16, 2024
Listed
October 17, 2024
Updated
Map
12432 Moorpark Street
Studio City CA, 91604
Interior Features
Total Stories
1
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.48 Acres
Lot Features
Corner Lot
Other Property Details
Area Name
STUD - Studio City
Days on Market
23
Garage
No
Parking Total
28
View
No
County
Los Angeles
Pool
No
Zoning
LAC2
Listing History
Date | Event | Price |
|---|---|---|
10/9/2024 | Under contract | — |
10/1/2024 | Price change | $4,800,000 -4% |
Listing Contact: 310-777-6200
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 10/17/2024 at 2:11 PM UTC