2705 N Sepulveda Boulevard, Manhattan Beach, CA 90266 | SB21241356 | Vista Sotheby’s International Realty

2705 N Sepulveda Boulevard $7,100,000

    Close

    2705 N Sepulveda Boulevard Manhattan Beach, CA 90266

    • 4,756 sq. ft.
    • 0.40 Acres
    • Commercial Sale
    • MLS# SB21241356
    Favorite Share
    Views: 52 Days On Market: 201

    Go Tour This Listing

    Schedule A Showing

    Property Details

    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.

    • General Features
      • Buyer Compensation 2.000 %
      • County Or Parish Los Angeles
      • Number Of Units Leased 3
      • Number Of Units Total 3
      • YearBuilt 1974
    • Building Features
      • Laundry Features None
    • Property Features
      • Lot Features 0-1 Unit/Acre
      • Lot Size Acres 0.39
      • Lot Size Dimensions 160'x108'

    Contact

    Neighborhood

    90266 (Manhattan Beach) Demographics

    44 Median Age
    7,601 Population Density (per sq. mile)
    79% College Educated
    $153,023 Estimated Median Income
    9,344 Estimated Total Home Owners
    4,083 Estimated Total Renters
    70% / 30% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    35,500 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $2,900,000 Median Sales Price
    37 Homes Sold
    52 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $7,100,000
        4/7/2022 4:32:04 PM Price Reduced Source: Multiple Listing Service New Value: $7,100,000 -5.33%
        3/1/2022 3:31:17 AM Price Reduced Source: Multiple Listing Service New Value: $7,500,000 -6.25%
        11/3/2021 3:32:00 AM New in Database Source: Multiple Listing Service New Value: $8,000,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 5/23/2022 8:20:36 PM. 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.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.