2705 N Sepulveda Boulevard Manhattan Beach, CA $ 5,995,000
2705 N Sepulveda Boulevard
$ 5,995,000
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2705 N Sepulveda Boulevard

Manhattan Beach, CA, 90266
$ 5,995,000
Baths0.0 Sq 4,756

Monthly Estimate*

$ 41,877

Listed by eXp Realty of California, Inc
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Studio

Commercial Property for sale in Manhattan Beach, CA

for $5,995,000. This 4,756 square foot building was built in 1974 on a lot size of 0.397.

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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Commercial Active

Price

$ 5,995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 59,778

Style

Retail

Lot Size

0.397

Year Built

1974

Town/City

Manhattan Beach

County/Region

Los Angeles

MLS | Web ID

SB23013444

Days on Market

468

Features
General
Zoning MBC2YY
Year Built 1974
Property SubType Retail
County Los Angeles
Net Operating Income 260652.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status ActiveUnderContract
Directions Sepulveda and 27th St
City Manhattan Beach
View Y/N N
Senior Community Y/N N
Total Units 3
MLS Area 143 - Manhattan Bch Tree
Lot Size Square Feet 17292.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 2
Street Name Sepulveda
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 59778.99
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 458
Building Area Units SquareFeet
Standard Status ActiveUnderContract
Occupancy Description Owner
Year Built Source Assessor
Property Sub Type Additional Retail
Cap Rate 4.3
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Exterior
Lot Features Item01UnitAcre
Water Source Public
Total Parking 22.0
Lot Size Area 17292.0
Spa N
Building Area Total 4756.0
Lot Dimensions 17292
Lot Size Acres 0.397
Lot Size Units SquareFeet
Lot Size Source Assessor
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
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Boulevard
Laundry Features None
Electric On Property Y/N N
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Internal Only
Street Number 1 2705
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* Excluded Features
List By
Exp Realty Of California, Inc

Broker

(310) 798-1277

Phone

Affordability Calculator

$46,858
Per Month
89%
11%
0%
Monthly Principal & Interest
$41,877
Monthly Property Taxes
$4,982
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/27/2023$5,995,000 Listed Price

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2705 N Sepulveda Boulevard, Manhattan Beach, CA, 90266 is a Commercial Property for sale at $5,995,000 with 4,756 sqft and a lot size of 0.397. 2705 N Sepulveda Boulevard is a studio with 0.0 baths and was built in 1974. The property's zip code is 90266 which is in Manhattan Beach, CA