Homes for sale - 12432 Moorpark ST, Studio City, CA 91604

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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$4,800,000

Est. payment - /mo

0.48 Acres Lot

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UPDATED:

10/09/2024 06:44 PM

Key Details

Property Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 24440147

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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Listed by Vahe A Shaghzo • Coldwell Banker Realty

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

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

12432 Moorpark ST Studio City, CA 91604