12432 Moorpark Street, Studio City, CA 91604
Commercial property
Sold December 2024
Listing Agent: Vahe A Shaghzo (DRE #01367507) · Listing Office: Coldwell Banker Realty · Contact: 310-777-6200 · Bought with: Stephan Robb · HVN Development, Inc · MLS #24440147 · Source: CRMLS
About this commercial property
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.
Listing description from the December 2024 sale, as reported to CRMLS.
Sale history