12432 Moorpark ST

Studio City,CA 91604

$ 4500000

$ 4800000 6.2%

- Bed

0 Bath

- SqFt


Key Details

Sold Price $4,500,0006.3%

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 24440147

Sold Date

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

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