Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    12334 Moorpark St North Hollywood, CA 91604

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,795,000

    Commercial property for sale on Moorpark Street, Los Angeles.

    Lot size:
    0.16 Acres

    Property Features for 12334 Moorpark St

    General Information

    Lot size
    0.16 Acres

    Building Details

    Year built
    1951

    We can help!

    Listing Contact
    Source: Elliman

    Listing Agency: Tony Azzi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Moorpark Street Investment Opportunity

    This commercial property, located on Moorpark Street in Los Angeles, California, is available for sale. The property is listed for $1,795,000.
    Location Intelligence

    Current Use by Public Records

    1031 exchange properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Hollywood
    County
    Los Angeles
    State
    California
    Longitude
    -118.4021309
    Latitude
    34.1502258

    Nearby Similar for Sale

    • $3,750,000
      7,200 SF

      New Luxury North Hollywood Quadplex

      New construction 4-unit property with rooftop decks and mountain views.
      10857 Morrison St, North Hollywood, CA 91601
      View Details
    • $1,199,000
      1,822 SF

      North Hollywood Mixed-Use Compound

      Three units on a large lot with development potential.
      6041 Cleon Ave, North Hollywood, CA 91606
      View Details
    • $1,250,000
      2,890 SF

      North Hollywood Fourplex Investment Opportunity

      Fourplex in North Hollywood with potential for increased rents.
      5841 Tujunga Ave, North Hollywood, CA 91601
      View Details
    • $350,000

      Established Pizza Shop in North Hollywood

      Successful pizza shop for sale in a high-traffic North Hollywood location.
      12061 Strathern St, North Hollywood, CA 91605
      View Details
    • New
      $3,495,000
      9,088 SF

      North Hollywood Fully Leased Quadruplex

      Fully leased, modern 6-unit property in North Hollywood.
      6421 Troost Ave, North Hollywood, CA 91606
      View Details
    • $2,100,000
      4,760 SF

      North Hollywood 6-Unit Apartment Complex

      Well-maintained 6-unit apartment complex in a desirable North Hollywood location.
      6661 Wilkinson Ave, North Hollywood, CA 91606
      View Details
    • $795,000

      North Hollywood Restaurant/Bar Opportunity

      Turnkey restaurant/bar in high-traffic North Hollywood location for sale.
      11671 Victory Blvd, North Hollywood, CA 91606
      View Details
    • $365,000
      4,800 SF

      Established Franchise Store in Hollywood

      Well-established Baja Fresh franchise in prime Hollywood location for sale.
      10760 Riverside Dr, North Hollywood, CA 91602
      View Details
    • $1,300,000
      3,700 SF

      North Hollywood Duplex Investment Opportunity

      Spacious duplex with three units and ample parking.
      8023 Troost Ave, North Hollywood, CA 91605
      View Details
    • $8,750,000
      18,432 SF

      New Multifamily Investment in NoHo

      New construction multifamily property with 12 units in North Hollywood.
      10821 Hartsook St, North Hollywood, CA 91601
      View Details
    • $1,150,000
      Pending

      Mixed-Use Property in NoHo Arts

      Mixed-use property in the NoHo Arts District.
      11311 Burbank Blvd, North Hollywood, CA 91601
      View Details
    • $1,400,000
      2,324 SF

      North Hollywood Triplex with Income Potential

      Triplex in North Hollywood, ideal for owner-occupants or investment.
      6410 Goodland Ave, North Hollywood, CA 91606
      View Details

    FAQs

    What type of property is this?
    1031 exchange property - Commercial property for sale on Moorpark Street, Los Angeles.
    Where is this 1031 exchange property located?
    The property is located at 12334 Moorpark St North Hollywood, CA.
    What is the asking price?
    The asking price for this property is $1,795,000.
    What are key features of this property?
    This property features: - Year Built: 1951; - Price: $11
    (310) 909-5454
    Request Owner's contact information
    12334 Moorpark St North Hollywood, CA 91604
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12334 Moorpark St
    North Hollywood, CA 91604
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12334 Moorpark St North Hollywood, CA 91604
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    (310) 909-5454
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.