1203 N SEPULVEDA BLVD
Freestanding Commercial Building | Manhattan Beach | 5,198 SF
Marketing description
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.
Investment highlights
- Flexible Owner-User / Investor Opportunity - Delivered vacant at close of escrow, allowing for immediate occupancy, lease-up, or repositioning.
- Highly Versatile Zoning (CG – General Commercial) - Supports a wide range of retail, office, medical, and service uses.
- Parking Upside (2.89 to ±5.0/1,000 SF) - Ability to significantly increase parking by converting playground areas to surface parking, unlocking higher-intensity uses such as medical.
- Large Land Parcel (±22,082 SF) - Oversized lot for the submarket, providing flexibility for reconfiguration, parking expansion, or long-term redevelopment potential.
- Premier Sepulveda Blvd Location - Positioned just north of Manhattan Beach Blvd with exposure to ~83,799 vehicles per day.
- Strong Retail Synergy - Located directly across from a Target-anchored shopping center, driving consistent consumer traffic.
- High-Barrier Manhattan Beach Submarket - One of Los Angeles’ most supply-constrained coastal markets with limited new development and strong tenant demand.
- Affluent Demographics - Supported by high household incomes and dense surrounding residential neighborhoods driving consistent retail and service demand.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
