Sepulveda Blvd Multi-Tenant
1228 Sepulveda Blvd West, Carson, CA 90710
Multi-tenant property in the South Bay with value-add opportunity.
Type:Retail
Property size:
8,148 SFLot size:
0.60 AcresPrice / SF:
$282/SF- Added:
- Dec 9, 2025
- Days on Market:
- 200
- Last Refresh:
- Mar 16 at 1:34 pm
Property Features for 1228 Sepulveda Blvd West
General Information
- Standard status
- Active
- Size
- 8,148 SF
- Lot size
- 0.60 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1966
Listing office Brett O'Keefe
Listing date Dec 9, 2025
Source Crexi
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 Brett O'Keefe
HighLights
- Rare opportunity: First time on the market in sixty years.
- Value‑add opportunity for investors and developers to reposition the property.
- Strategically positioned on Sepulveda Blvd., a major thoroughfare with excellent visibility and high traffic.
- Flexible zoning allows for various uses including retail, office, manufacturing, church and R4.
- Three free‑standing buildings totaling 8,148 SF of gross leasable area on 26,350 SF of land.
- Adjacent to new multifamily and retail developments, and near 110/405/91 freeways.
Overview
Located in the heart of the South Bay, this multi-tenant property at 1220-1232 Sepulveda Blvd in Harbor City, CA, is available for the first time in sixty years. The property features three free-standing buildings totaling 8,148 square feet of gross leasable area, situated on 26,350 square feet of land. The property is strategically positioned on Sepulveda Blvd, a major thoroughfare, and benefits from excellent visibility and high traffic. The flexible zoning allows for various uses including retail, office, manufacturing, church, and R4 uses. Ample on-site parking is available. The property also generates passive billboard income. It is adjacent to new multifamily and retail developments and is near the 110, 405, and 91 freeways, offering a rare opportunity for developers to reposition the property and presenting investors with a value-add opportunity.
Local Financial Insights For Retail
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 | $275.7k | $33.84 |
| − Vacancy | −$18.2k | −$2.23 |
| EGI | $257.5k | $31.61 |
| − OpEx | −$77.3k | −$9.48 |
| NOI | $180.3k | $22.12 |
8,148 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.58M
$2.25M – $3.00M
NOI $180,271 @ 7.0% cap · market cap 7.84%
Second Best
Office B
$2.54M
$2.23M – $2.97M
NOI $178,109 @ 7.0% cap · market cap 7.74%
Theoretical Best
Office A
$4.36M
$3.82M – $5.09M
NOI $305,369 @ 7.0% cap · market cap 13.28%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Carson
- County
- Los Angeles
- State
- California
- Longitude
- -118.249234
- Latitude
- 33.808174
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Multi-tenant property in the South Bay with value-add opportunity.
Where is this retail space located?
The property is located at 1228 Sepulveda Blvd West Carson, 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: Rare opportunity: First time on the market in sixty years.; Value‑add opportunity for investors and developers to reposition the property.; Strategically positioned on Sepulveda Blvd., a major thoroughfare with excellent visibility and high traffic.
