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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

    SINGLE_FAMILY - Harbor City, CA

    Type:Retail
    Property size:
    8,148 SF
    Lot size:
    0.61 Acres
    Price / SF:
    $282/SF
    Added:
    Jun 3, 2026
    Days on Market:
    30
    Last Refresh:
    Jul 2 at 4:06 pm

    Property Features for 1228 Sepulveda Boulevard

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    APN
    7409001049
    Lot size
    0.61 Acres

    Building Details

    Year built
    1966

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    Contact an agent
    Scott Briscoe

    Listing agent Scott Briscoe License #01753474

    Listing office Estate Properties 23740 Hawthorne Blvd 2nd Floor, Palos Verdes Estates, CA

    Listing date Jun 3, 2026

    MLS# SB26143402

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Three free‑standing buildings with 8,148 SF of gross leasable area
    • On 26,350 SF of land on Sepulveda Blvd., a major South Bay thoroughfare
    • Flexible zoning allows for multiple uses including retail, office, manufacturing, church, and R4 uses
    • Passive billboard income reported on‑site
    • Ample on‑site parking
    • Convenient access near the 110/405/91 freeways

    Overview

    1220-1232 Sepulveda Blvd. offers a multi-tenant setup consisting of three free-standing buildings totaling 8,148 square feet of gross leasable area on 26,350 square feet of land. The offering is presented for the first time in sixty years. The site includes ample on-site parking and also includes passive billboard income.

    The property is located at 1228 Sepulveda Boulevard in Harbor City, positioned on Sepulveda Blvd., a major thoroughfare in the South Bay. The location benefits from strong accessibility to the 110/405/91 freeway area. The site is also described as adjacent to new multifamily and retail developments.

    From a tenant and user perspective, the flexible zoning supports a variety of uses, including retail, office, manufacturing, and church, as well as R4 uses. For developers and investors, the combination of three separate buildings, a prominent boulevard setting, and existing passive billboard income supports a practical value-add approach focused on repositioning and optimizing the site’s mix of uses.

    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.
    Property Profile 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 - Multi-tenant property with flexible zoning, on-site parking, and passive billboard income on a high-visibility corridor.
    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 with 8,148 SF of gross leasable area; On 26,350 SF of land on Sepulveda Blvd., a major South Bay thoroughfare; Flexible zoning allows for multiple uses including retail, office, manufacturing, church, and R4 uses
    More about this property
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