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$10,995,000
22 Days Online

3621 N Sepulveda Boulevard
Manhattan Beach, CA 90266

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
14,893
SqFt
$738
/SqFt
1972
Built
County:
Los Angeles
Listed by Oron Maher of Maher Commercial Realty

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3621 N Sepulveda Boulevard3621 N Sepulveda Boulevard3621 N Sepulveda Boulevard3621 N Sepulveda Boulevard
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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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Listing Snapshot
Price 
$10,995,000
Days Online 
22 Days
Bedrooms 
N/A
Inside Area (SqFt) 
14,893 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4387 Acres
Year Built 
1972
MLS® Number 
24394102
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayPrice changed to $10,995,000
3 weeks agoListing first seen online
General Features
Parking Spaces 
37
Number of Stories 
2
Acreage 
0.4387
Zoning 
MNCG
Listing Conditions 
Standard
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Exterior Features
Lot 
Corner Lot
Community Features
Association Dues 
0
MLS Area 
143 - Manhattan Bch Tree


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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