Three Free-Standing Commercial
1228 Sepulveda Boulevard Harbor City, CA 90710
SINGLE_FAMILY - Harbor City, CA
Type:Retail
Property size:
8,148 SFLot size:
0.61 AcresPrice / SF:
$282/SF- Added:
- Jun 3, 2026
- Days on Market:
- 38
- Last Refresh:
- Jul 10 at 5:06 am
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
Listing agent Scott Briscoe License #01753474 (310) 378-9494
Listing office Estate Properties 23740 Hawthorne Blvd 2nd Floor, Palos Verdes Estates, CA (310) 378-9889
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.
Investment Insights
Based on property information with market context.
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.
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.
Key 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
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
NOI $193,403 @ 7.0% cap · market cap 8.41%
Second Best
Retail
$2.70M
$2.36M – $3.15M
NOI $189,092 @ 7.0% cap · market cap 8.22%
Theoretical Best
Multifamily LT 5
$165.07M
$144.44M – $192.59M
NOI $11,555,151 @ 7.0% cap · market cap 502.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
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
