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Multi-Family

Moorpark.10945

10945 Moorpark St, Los Angeles, CA 91602

Listing Price: $1,100,000

Lot Size
0.16 acres
Price/Acre
$6,849,057
Land Type
Redevelopment

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

Multi-Family

Moorpark.10945

Listing Price: $1,100,000

Lot Size
0.16 acres
Price/Acre
$6,849,057
Land Type
Redevelopment

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

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