Vacant-User
1203-1209 N Sepulveda Blvd
1203 N Sepulveda Blvd, Manhattan Beach, CA 90266
Listing Price: $7,500,000
Investment Overview
Marcus & Millichap is pleased to present 1203–1209 N Sepulveda Boulevard a rare opportunity to acquire or lease a highly visible, freestanding commercial property comprised of four contiguous parcels totaling ±22,082 SF, improved with two buildings totaling ±5,168 SF (4,830 SF + 338 SF) in the heart of Manhattan Beach’s premier Sepulveda Corridor. The property is being delivered vacant, offering immediate flexibility for a tenant, owner/user or investor seeking to reposition the asset.
The building layout and underlying CG (General Commercial) zoning support a wide range of retail, office, and service-oriented uses. Additionally, the site offers a unique opportunity to significantly increase parking from the existing 2.89/1,000 SF to approximately 5.00/1,000 SF through conversion of the existing playground areas back to surface parking, making the asset suitable for more parking-intensive uses, including medical or experiential retail.
Strategically located just north of the signalized intersection of Sepulveda Boulevard and Manhattan Beach Boulevard (±83,799 vehicles per day), the property benefits from exceptional frontage, access, and visibility. The site is directly across the street from a Target-anchored retail center, positioning it within one of the South Bay’s most heavily trafficked and amenitized commercial corridors. The surrounding Manhattan Beach submarket is among the most desirable coastal communities in Los Angeles, where the combination of affluent residential neighborhoods and nearby corporate employment hubs drives strong consumer spending. The area is further supported by consistent tourism, highlighted by destination draw areas such as Manhattan Beach’s renowned The Strand, enhancing retail demand and overall location appeal.
Offered for sale or lease with immediate availability, the property provides a compelling opportunity to capitalize on the strong fundamentals of the Manhattan Beach market, including high household incomes, limited supply, and sustained demand from both users and investors.
1203-1209 N Sepulveda Blvd
Investment Highlights
- Delivered vacant at close of escrow, allowing for immediate occupancy, lease-up, or repositioning.
- Supports a wide range of retail, office, medical, and service uses.
- Ability to significantly increase parking by converting playground areas to surface parking, unlocking higher-intensity uses such as medical.
- Oversized lot for the submarket, providing flexibility for reconfiguration, parking expansion, or long-term redevelopment potential.
- Located directly across from a Target-anchored shopping center, driving consistent consumer traffic.
- One of Los Angeles' most supply-constrained coastal markets with limited new development and strong tenant demand.
- Positioned just north of Manhattan Beach Blvd with exposure to ~83,799 vehicles per day.
- Supported by high household incomes and dense surrounding residential neighborhoods driving consistent retail and service demand.
Listing Price: $7,500,000
Investment Highlights
- Delivered vacant at close of escrow, allowing for immediate occupancy, lease-up, or repositioning.
- Supports a wide range of retail, office, medical, and service uses.
- Ability to significantly increase parking by converting playground areas to surface parking, unlocking higher-intensity uses such as medical.
- Oversized lot for the submarket, providing flexibility for reconfiguration, parking expansion, or long-term redevelopment potential.
- Located directly across from a Target-anchored shopping center, driving consistent consumer traffic.
- One of Los Angeles' most supply-constrained coastal markets with limited new development and strong tenant demand.
- Positioned just north of Manhattan Beach Blvd with exposure to ~83,799 vehicles per day.
- Supported by high household incomes and dense surrounding residential neighborhoods driving consistent retail and service demand.
Investment Overview
Marcus & Millichap is pleased to present 1203–1209 N Sepulveda Boulevard a rare opportunity to acquire or lease a highly visible, freestanding commercial property comprised of four contiguous parcels totaling ±22,082 SF, improved with two buildings totaling ±5,168 SF (4,830 SF + 338 SF) in the heart of Manhattan Beach’s premier Sepulveda Corridor. The property is being delivered vacant, offering immediate flexibility for a tenant, owner/user or investor seeking to reposition the asset. The building layout and underlying CG (General Commercial) zoning support a wide range of retail, office, and service-oriented uses. Additionally, the site offers a unique opportunity to significantly increase parking from the existing 2.89/1,000 SF to approximately 5.00/1,000 SF through conversion of the existing playground areas back to surface parking, making the asset suitable for more parking-intensive uses, including medical or experiential retail. Strategically located just north of the signalized intersection of Sepulveda Boulevard and Manhattan Beach Boulevard (±83,799 vehicles per day), the property benefits from exceptional frontage, access, and visibility. The site is directly across the street from a Target-anchored retail center, positioning it within one of the South Bay’s most heavily trafficked and amenitized commercial corridors. The surrounding Manhattan Beach submarket is among the most desirable coastal communities in Los Angeles, where the combination of affluent residential neighborhoods and nearby corporate employment hubs drives strong consumer spending. The area is further supported by consistent tourism, highlighted by destination draw areas such as Manhattan Beach’s renowned The Strand, enhancing retail demand and overall location appeal. Offered for sale or lease with immediate availability, the property provides a compelling opportunity to capitalize on the strong fundamentals of the Manhattan Beach market, including high household incomes, limited supply, and sustained demand from both users and investors.
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