2705 N Sepulveda Boulevard, Manhattan Beach, CA 90266

$6,500,000
List Price
$6,500,000
Price Change
▼ $600,000 1654736801
Status
ACTIVE
MLS#
SB21241356
Year Built
1974
Lot Size
17,292
Acres
0.397
Lot Location
Item01UnitAcre
Days on Market
335
Property Type
Commercial
Property Sub Type
Retail

Property Description

We are pleased to present a commercial property in Manhattan Beach located across the street from Manhattan Village. Manhattan Village boasts major renovations since 2017 with many incoming retailers and high traffic. This 3 tenant retail center includes 2 that are NNN. Majority long term tenants yield stable return. The lot is a flat oversized lot at 17292 SF currently zoned at MBC2YY at 160’x108’ which yields future potential construction. (must check with city planning commission). There are 20 parking spaces for 4756 SF of rental space, with potential to draw out more spaces. Rare opportunity to acquire this commercial building with a big lot size for future redevelopment potential.

Additional Information

Taxes
$59,194
Water
Public
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$273,484
Operating Expense
64599

Listing courtesy of Listing Agent: Andrew Tseng (awtseng@gmail.com) from Listing Office: The Realestate Group.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 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, 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.