3621 N Sepulveda Boulevard Manhattan Beach, CA $ 10,995,000
3621 N Sepulveda Boulevard
$ 10,995,000
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3621 N Sepulveda Boulevard

Manhattan Beach, CA, 90266
$ 10,995,000
Baths0.0 Sq 14,893

Monthly Estimate*

$ 65,850

Listed by Maher Commercial Realty
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Studio

Commercial Property for sale in Manhattan Beach, CA

for $10,995,000. This 14,893 square foot building was built in 1972 on a lot size of 0.4387.

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.

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Commercial Active

Price

$ 10,995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.4387

Year Built

1972

Town/City

Manhattan Beach

County/Region

Los Angeles

MLS | Web ID

24394102

Days on Market

125

Features
General
Zoning MNCG
HOA 0.0
Year Built 1972
County Los Angeles
New Construction N
Property Type CommercialSale
Home Owner Assoc N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions West on Rosecrans Avenue Property is just West of Sepulveda Blvd.
City Manhattan Beach
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 7
MLS Area 143 - Manhattan Bch Tree
Lot Size Units SquareFeet
Lot Size Square Feet 19111.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 109
Standard Status Active
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Exterior
Lot Features CornerLot
Total Parking 37.0
Lot Size Area 19111.0
Spa N
Building Area Total 14893.0
Lot Dimensions 80x239
Lot Size Acres 0.4387
Lot Size Source Other
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 3621
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* Excluded Features
List By
Maher Commercial Realty

Broker

(310) 464-1453

Phone

Affordability Calculator

$65,850
Per Month
100%
0%
0%
Monthly Principal & Interest
$65,850
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/6/2024$10,995,000 -8.34% Price Down
5/20/2024$11,995,000 Listed Price

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3621 N Sepulveda Boulevard, Manhattan Beach, CA, 90266 is a Commercial Property for sale at $10,995,000 with 14,893 sqft and a lot size of 0.4387. 3621 N Sepulveda Boulevard is a studio with 0.0 baths and was built in 1972. The property's zip code is 90266 which is in Manhattan Beach, CA