3621-3629 N Sepulveda Blvd
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3621-3629 N Sepulveda Blvd
15,690 SF 90% Leased Office Building Manhattan Beach, CA 90266 £8,480,553 (£540.51/SF)
INVESTMENT HIGHLIGHTS
- Two-story mixed use retail/office building located at the signalized corner of N. Sepulveda Blvd/Route 1 and Rosecrans Avenue
- Prime signage and identity visibility
- 3621 N. Sepulveda is a two-story building comprised of small retail spaces and two vacancies
- Directly across the street from The Pointe Retail Center, Manhattan Village and 1.5 miles from the Pacific Ocean
- 3629 N. Sepulveda totals 7,970 Sq.Ft. per CoStar and includes two stories of move-in ready office space and a 2,656 Sq.Ft. functional basement space
- 19,111 Sq.Ft. lot zoned MNCG with 37 parking spaces
EXECUTIVE SUMMARY
Maher Commercial Realty is 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.
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.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
15,690 SF
Building Class
C
Year Built
1972
Price
£8,480,553
Price Per SF
£540.51
Percent Leased
90%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
7,447 SF
Slab to Slab
10 ft
Building FAR
0.82
Lot Size
0.44 AC
Zoning
MNCG
Parking
37 Spaces (2.48 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Basement
- Natural Light
- Partitioned Offices
- Balcony
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 2nd Floor
- 300-1,500 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 300-1,500 SF | Office | Full Build-Out | Now |
2nd Floor
| Size |
| 300-1,500 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 4173-008-033 | Improvements Assessment | £351,673 (2024) |
| Land Assessment | £1,743,853 (2024) | Total Assessment | £2,095,527 (2024) |
PROPERTY TAXES
Parcel Number
4173-008-033
Land Assessment
£1,743,853 (2024)
Improvements Assessment
£351,673 (2024)
Total Assessment
£2,095,527 (2024)
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3621-3629 N Sepulveda Blvd
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