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$ 4,800,000
Est. payment | /mo
0.48 Acres Lot
$ 4,800,000
Est. payment | /mo
0.48 Acres Lot
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
Listed by Vahe A Shaghzo • Coldwell Banker Realty