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$2,625,000
Est. payment /mo
0.6 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25131271
HOA Y/N No
Year Built 1966
Lot Size 0.605 Acres
Property Sub-Type Retail
Property Description
We are pleased to present 1220-1232 Sepulveda Blvd., Harbor City, CA. Located in the heart of the South Bay, the multi-tenant property is on the market for the first time in sixty years. This is a rare opportunity for developers to reposition the property while also presenting investors with a value-add opportunity.
The property consists of three free-standing buildings, totaling 8,148 Square Feet of gross leasable area. Situated on 26,350 SF of land, the property is strategically positioned on Sepulveda Blvd., a major thoroughfare. The property has excellent visibility and high-traffic count. The flexible zoning allows for various uses including but not limited to retail, office, manufacturing, church, R4 Uses. There is ample on-site parking. Passive Billboard income. The property is adjacent to new multifamily and retail developments. Near the 110/405/91 freeways.
Key Highlights
• Rare South Bay development or value-add investment opportunity
• Three free-standing buildings on a high-visibility lot
• Located on Sepulveda Blvd., a high-traffic commercial corridor
• Adjacent to new multifamily and retail developments
• Excellent accessibility to 110, 405, and 91 freeways
• Flexible zoning allows for a variety of potential uses
• Passive billboard income enhances investment appeal
• High-growth area with increasing demand for commercial and mixed-use projects
The property consists of three free-standing buildings, totaling 8,148 Square Feet of gross leasable area. Situated on 26,350 SF of land, the property is strategically positioned on Sepulveda Blvd., a major thoroughfare. The property has excellent visibility and high-traffic count. The flexible zoning allows for various uses including but not limited to retail, office, manufacturing, church, R4 Uses. There is ample on-site parking. Passive Billboard income. The property is adjacent to new multifamily and retail developments. Near the 110/405/91 freeways.
Key Highlights
• Rare South Bay development or value-add investment opportunity
• Three free-standing buildings on a high-visibility lot
• Located on Sepulveda Blvd., a high-traffic commercial corridor
• Adjacent to new multifamily and retail developments
• Excellent accessibility to 110, 405, and 91 freeways
• Flexible zoning allows for a variety of potential uses
• Passive billboard income enhances investment appeal
• High-growth area with increasing demand for commercial and mixed-use projects
Location
State CA
County Los Angeles
Area 124 - Harbor City
Zoning LCC2*
Interior
Fireplace No
Laundry None
Building
Story 1
Water Public
Others
Tax ID 7409001049
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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Listed by Scott Briscoe Estate Properties scottbriscoe50@yahoo.com
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