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

 

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