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2705 N Sepulveda Boulevard

Manhattan Beach, CA 90266
  • $5,995,000
  • STATUS: Active Under Contract
  • ON SITE: 510 Days
  • ID#: SB23013444
Under Contract
UPDATED: 119 min ago
$5,995,000
  • 0
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1974
County:

School Ratings & Info

Listing Agent(s): Edward Kaminsky of eXp Realty of California, Inc (310-798-1277)


Description

Located directly across a high-traffic street from the luxury shopping destination of Manhattan Village, 2705 N Sepulveda Boulevard is a flat, oversized 17,292 SF lot (160 x 108) with tremendous future redevelopment potential (check with city planning commission).Currently zoned at MBC2YY, this high-visibility property boasts 4,756 SF of rental space and 22 surface parking spaces. 2 current tenants are NNN. 2705 N Sepulveda Blvd represents an incredibly rare opportunity to acquire premium commercial space on oversized lot in a knockout location.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-20T22:32:51.967. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/136514110
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2705 N Sepulveda Boulevard Manhattan Beach, CA 90266

  • Price: $5,995,000
  • Status: Active Under Contract
  • On Site: 510 Days
  • Updated: 119 min ago
  • ID#: SB23013444
0
Beds
0
Baths
0
½ Baths
0.4
Acres
1974
Built
Neighborhood:
143 - Manhattan Bch Tree
County:
Los Angeles
Area:
143 - Manhattan Bch Tree
Property Description
Located directly across a high-traffic street from the luxury shopping destination of Manhattan Village, 2705 N Sepulveda Boulevard is a flat, oversized 17,292 SF lot (160 x 108) with tremendous future redevelopment potential (check with city planning commission).Currently zoned at MBC2YY, this high-visibility property boasts 4,756 SF of rental space and 22 surface parking spaces. 2 current tenants are NNN. 2705 N Sepulveda Blvd represents an incredibly rare opportunity to acquire premium commercial space on oversized lot in a knockout location.
Exterior Features

Lot Features 0-1 Unit/Acre Parking Total 22 Sign On Property YN Yes

Property Features

Additional Parcels YN No Cap Rate 4.3 Common Interest None Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 3000 Net Operating Income 260652 Number Of Units Leased 2 Other Expense 1800 Property Sub Type Retail Special Listing Conditions Standard Tax Annual Amount 59778.99 Water Source Public Zoning MBC2YY



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-20T22:32:51.967. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Edward Kaminsky of eXp Realty of California, Inc (310-798-1277)