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Freestanding Retail and Office Buildings
For Sale
$7,500,000

1203 N Sepulveda Blvd, Manhattan Beach, CA 90266

Vacant freestanding property with two contiguous buildings totaling 5,168 SF across four parcels on the Sepulveda Corridor.

Property Size5,198 SF
Price / SF$1,442
Days on Market60

Property Features for 1203 N Sepulveda Blvd

General Information

Standard status Active
Size 5,198 SF
Property subtype Vacant-User

Amenities

Delivered vacant at close of escrow, allowing for immediate occupancy, lease-up, or repositioning.
Supports a wide range of retail, office, medical, and service uses.
Ability to significantly increase parking by converting playground areas to surface parking, unlocking higher-intensity uses such as medical.
Oversized lot for the submarket, providing flexibility for reconfiguration, parking expansion, or long-term redevelopment potential.
Located directly across from a Target-anchored shopping center, driving consistent consumer traffic.
One of Los Angeles' most supply-constrained coastal markets with limited new development and strong tenant demand.
Positioned just north of Manhattan Beach Blvd with exposure to ~83,799 vehicles per day.
Supported by high household incomes and dense surrounding residential neighborhoods driving consistent retail and service demand.

Building Details

Building Size 5,198 SF
Year Built 1946
Listing Agency: Encino Office
Listed By: Hannah Zager · License #License(s): CA: 02140677
Source: Marcusmillichap
Added: Jul 3 Changed: Aug 25 Last Checked: Aug 30 at 1:16PM

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 Encino Office

Investment Insights

Based on property information with market context.

The property at 1203–1209 N Sepulveda Boulevard consists of four contiguous parcels totaling approximately 22,082 SF, improved with two contiguous buildings totaling 5,168 SF (4,830 SF and 338 SF). The site is being delivered vacant, providing immediate flexibility for an owner-user, a tenant, or an investor. Per the provided remarks, the building layout and underlying CG (General Commercial) zoning are intended to support a range of retail, office, and service-oriented uses.

The site is positioned just north of the signalized intersection of Sepulveda Boulevard and Manhattan Beach Boulevard, with approximately 183,799 vehicles per day noted for Sepulveda Boulevard. The property offers direct street frontage and access, and it is located directly across from a Target-anchored retail center. The remarks also note an opportunity to increase on-site parking by converting existing playground areas back to surface parking, moving from an existing 2.89 spaces per 1,000 SF to approximately 5.00 spaces per 1,000 SF, which may support more parking-intensive uses such as medical or experiential retail.

Key Highlights

  • Vacant freestanding commercial property delivered vacant for immediate occupancy or redevelopment/lease planning
  • Two buildings totaling 5,168 SF (4,830 SF + 338 SF) on four contiguous parcels totaling 22,082 SF
  • CG (General Commercial) zoning supports retail, office, and service‑oriented uses

Property Analytics

Current Use

Creative Kids Preschool High School

Suggested Use

Top Pick Grocery & Convenience Store Storage Facility Barber Shop (Bike/Boat/Book/etc) Store Catering Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,091
Businesses Nearby
269k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 52% Dining 18% Shops & Services 12% Groceries 11%
Target Superstores
140,457 visits/mo 0.2 miles
Gelson's Market Groceries
18,287 visits/mo 0.3 miles
Starbucks Dining
16,540 visits/mo 0.2 miles
Manhattan Beach Toyota Shops & Services
13,610 visits/mo 0.2 miles
Wild Fork Foods Groceries
11,364 visits/mo 0.1 miles

Demographics for 90266, CA

35,506
Population
14,945
Households
2.4
Avg Household Size
43
Median Age
79%
College-Educated
99%
High-School Grad
4.0 sq mi
ZIP Area
8,877
Density / Sq Mi
$193,904
Median Household Income
$114,154
Median Earnings
$3,492
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Vacant freestanding property with two contiguous buildings totaling 5,168 SF across four parcels on the Sepulveda Corridor.
Where is this retail space located?
The property is located at 1203 N Sepulveda Blvd Manhattan Beach, CA.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Vacant freestanding commercial property delivered vacant for immediate occupancy or redevelopment/lease planning; Two buildings totaling 5,168 SF (4,830 SF + 338 SF) on four contiguous parcels totaling 22,082 SF; CG (General Commercial) zoning supports retail, office, and service‑oriented uses
More about this property
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