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    Three Free-Standing Commercial Buildings Title is generated by Realmo AI

    1228 Sepulveda Boulevard, Harbor City, CA 90710

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    For Sale
    $2,300,000

    Three free-standing buildings on a high-visibility boulevard with ample parking and passive billboard income.

    Type:Commercial/Industrial
    Property size:
    8,148 SF
    Lot size:
    0.60 Acres
    Price / SF:
    $282/SF
    Added:
    Jun 16, 2025
    Days on Market:
    377
    Last Refresh:
    Jun 25 at 8:08 pm

    Property Features for 1228 Sepulveda Boulevard

    General Information

    Standard status
    Active
    Size
    8,148 SF
    Lot size
    0.60 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1966

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    Scott Briscoe

    Listing office Estate Properties

    Listing date Jun 16, 2025

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Estate Properties

    HighLights

    • Three free‑standing buildings at 1220–1232 Sepulveda Blvd. totaling 8,148 SF gross leasable area
    • 26,350 SF lot on Sepulveda Blvd., a major thoroughfare
    • Passive billboard income
    • Ample on‑site parking
    • Flexible zoning allowing uses including retail, office, manufacturing, church, and R4 uses
    • Near the 110/405/91 freeways

    Overview

    1220-1232 Sepulveda Blvd. in Harbor City, CA presents a multi-tenant commercial asset comprised of three free-standing buildings totaling 8,148 square feet of gross leasable area on 26,350 square feet of land. The property is positioned for flexible tenancy and redevelopment, supported by on-site parking and income-producing passive billboard use.

    The buildings sit on Sepulveda Blvd., described as a major thoroughfare with excellent visibility and a high-traffic count. The location also provides convenient regional access to the 110/405/91 freeway system, and the property is adjacent to new multifamily and retail developments.

    The site’s flexible zoning allows for a range of potential uses, including retail, office, manufacturing, church, and R4 uses. This combination of multiple building structures, visibility along a key corridor, and passive billboard income can support a variety of buyer and operator strategies for occupying, leasing, or repositioning the property.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $316.8k $38.88
    − Vacancy −$58.9k −$7.23
    EGI $257.9k $31.65
    − OpEx −$64.5k −$7.91
    NOI $193.4k $23.74
    8,148 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.76M
    $2.42M – $3.22M (±1% cap)
    NOI $193,403 @ 7.0% cap · market cap 8.41%
    Second Best
    Retail
    $2.70M
    $2.36M – $3.15M (±1% cap)
    NOI $189,092 @ 7.0% cap · market cap 8.22%
    Theoretical Best
    Multifamily LT 5
    $165.07M
    $144.44M – $192.59M (±1% cap)
    NOI $11,555,151 @ 7.0% cap · market cap 502.40%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Harbor City
    County
    Los Angeles
    State
    California
    Longitude
    -118.47429
    Latitude
    34.0861

    FAQs

    What type of property is this?
    Retail space - Three free-standing buildings on a high-visibility boulevard with ample parking and passive billboard income.
    Where is this retail space located?
    The property is located at 1228 Sepulveda Boulevard Harbor City, CA.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: Three free‑standing buildings at 1220–1232 Sepulveda Blvd. totaling 8,148 SF gross leasable area; 26,350 SF lot on Sepulveda Blvd., a major thoroughfare; Passive billboard income
    More about this property
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