$10,995,000
3621 N Sepulveda Boulevard
Manhattan Beach, CA, 90266
Property Description
We are pleased to present this two-story mixed-use retail and office building located on the prime signalized corner of N. Sepulveda Blvd/Route 1 and Rosecrans Avenue in Manhattan Beach, directly across the street from the famed The Pointe retail center, the Manhattan Village, and 1.5 miles from the Pacific Ocean. The subject site comprises of two buildings totaling +/-14,893 square foot (per CoStar, includes basement space) of gross leasable area. This offering is ideal for an owner-user who wants to take advantage of prime signage and identity visibility, enjoy many neighborhood restaurants and amenities, and also collect high rental income with future lease escalations in tow. 3629 N. Sepulveda is the building located closest to Rosecrans Avenue and totals +/- 7,970 square feet, per CoStar, which includes two stories of move-in ready office space including reception area, private offices, conference rooms, storage rooms, and bathrooms. The square footage also includes a functional +/- 2,656 square foot functional below-grade basement, perfect for record storage, laboratory work, or another ancillary professional or medical services use. 3621 N. Sepulveda is a two-story building comprised of multiple small retail uses and a few vacancies. There is a popular neighborhood dance studio occupying three suites totaling 3,248 square feet and paying an attractive $9.27 per square foot in gross rent and has expressed interest in a lease extension. Kumon, which is a national franchise, occupies approximately 1,293 square feet and has also expressed an interest in a lease extension. There are currently two vacant suites available in the building. The site has excellent exposure to both north and south traffic and is surrounded by shopping and dining options. The 19,111 square foot lot is zoned MNCG and and offers 37 parking spaces. Ideal for an owner-user and/or investor with great visibility along N. Sepulveda Blvd. (Rte 1). Excellent 105/405 freeway access for employees and staff traveling from any part of the City. Enjoy multiple amenities including food, retail shopping, coffee shops and juice bars all mixed with standard office uses.
Property Details
Price:
$10,995,000
MLS #:
24394102
Status:
Active
Baths:
0
Address:
3621 N Sepulveda Boulevard
Type:
Commercial
Neighborhood:
143manhattanbchtree
City:
Manhattan Beach
Listed Date:
May 20, 2024
State:
CA
ZIP:
90266
Year Built:
1972
Schools
Interior
Exterior
Parking Spots
37.00
Stories Total
2
Financial
Need more info?
If you have any questions about this property, we at the Mohr Group would be happy to answer them. Click the button below and send us a message.
Ask a QuestionReady to go see it?
Schedule a ShowingMortgage Calculator
Similar Listings Nearby
- 10500 Prairie
Inglewood, CA$15,000,000
4.86 miles away
- 1104 Highland Avenue
Manhattan Beach, CA$14,500,000
1.34 miles away
Courtesy of Maher Commercial Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
3621 N Sepulveda Boulevard
Manhattan Beach, CA
LIGHTBOX-IMAGES