Multi-Family
Moorpark.10945
10945 Moorpark St, Los Angeles, CA 91602
Listing Price: $1,100,000
Investment Overview
• Marcus & Millichap is pleased to present a development opportunity at 10945 Moorpark St, located in West Toluca Lake in North Hollywood, minutes from Universal City & Studio City just off Vineland Ave
• The subject property consists of a vacant lot totaling 6,996 SF zoned RD1.5-1-RIO; there is 50’ of frontage on Moorpark St
• Rare opportunity to acquire a well-located vacant lot with no tenant relocation required
• Ownership has preliminary plans for five units calling for four one-bedroom lofts and one three-bedroom unit with private garages; the site will be delivered unentitled, giving a developer flexibility to move forward with a market rate or affordable project
• 10945 Moorpark St is located less than a mile from the Metro Red Line and walking distance to multiple Metro Local Line bus stops along Vineland Ave
• Central location just off the 101 & 134 Freeways with a plethora of high-end amenities nearby such as Universal Studios, Lakeside Golf Club, and retailers along Ventura Blvd and Lankershim Blvd
Investment Highlights
- The subject property consists of a vacant lot totaling 6,996 SF zoned RD1.5-1-RIO; there is 50' of frontage on Moorpark St
- Rare opportunity to acquire a well-located vacant lot with no tenant relocation required
- 10945 Moorpark St is located less than a mile from the Metro Red Line and walking distance to multiple Metro Local Line bus stops along Vineland Ave
Exclusively Listed By
Financing By
Listing Price: $1,100,000
Investment Highlights
- The subject property consists of a vacant lot totaling 6,996 SF zoned RD1.5-1-RIO; there is 50' of frontage on Moorpark St
- Rare opportunity to acquire a well-located vacant lot with no tenant relocation required
- 10945 Moorpark St is located less than a mile from the Metro Red Line and walking distance to multiple Metro Local Line bus stops along Vineland Ave
Investment Overview
• Marcus & Millichap is pleased to present a development opportunity at 10945 Moorpark St, located in West Toluca Lake in North Hollywood, minutes from Universal City & Studio City just off Vineland Ave • The subject property consists of a vacant lot totaling 6,996 SF zoned RD1.5-1-RIO; there is 50’ of frontage on Moorpark St • Rare opportunity to acquire a well-located vacant lot with no tenant relocation required • Ownership has preliminary plans for five units calling for four one-bedroom lofts and one three-bedroom unit with private garages; the site will be delivered unentitled, giving a developer flexibility to move forward with a market rate or affordable project • 10945 Moorpark St is located less than a mile from the Metro Red Line and walking distance to multiple Metro Local Line bus stops along Vineland Ave • Central location just off the 101 & 134 Freeways with a plethora of high-end amenities nearby such as Universal Studios, Lakeside Golf Club, and retailers along Ventura Blvd and Lankershim Blvd
Exclusively Listed By
Financing By