For Lease
$33/SF/YR

8759 Sepulveda BlvdLos Angeles, CA 91343

9,123 SF Freestanding Retail Building

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
114
This 9,123 square foot freestanding retail building, situated on a 0.84-acre lot in Los Angeles County, presents a compelling investment opportunity. Built in 1966 and renovated in 2009, the property boasts 61 parking spaces (a 6.69/1,000 sq ft ratio), making it suitable for a variety of uses, including those requiring ample parking. The C2-1 zoning allows for flexibility, and the property's location on Sepulveda Boulevard, a high-traffic thoroughfare with over 33,000 vehicles per day, ensures excellent visibility. The 130-foot frontage and pylon signage further enhance its appeal. Currently vacant, the property offers immediate occupancy for an owner-user or tenant. The expansive lot presents significant development potential, with by-right development allowing for approximately 91 buildable units, and up to 157 units with Tier 3 TOC incentives. Additional development incentives may also apply. The property benefits from its proximity to new apartment developments and established businesses, including national chains like McDonald's, Walgreens, and Starbucks. A Phase I environmental report, conducted in July 2024, reported no further action needed. The surrounding area boasts a dense population with high average household incomes. Easy freeway access via the 405 and the 118/5 freeway junction adds to its strategic location.

Highlights

  • 9,123 SF freestanding retail building on a 0.84-acre lot.
  • Single-tenant, currently vacant, offering immediate occupancy.
  • C2-1 zoning allows for versatile retail or office use, with potential for significant redevelopment (approx. 91 units by-right, ~157 with Tier 3 TOC incentives).
  • Excellent visibility on Sepulveda Blvd, with 130 feet of frontage and pylon signage; high traffic counts (33,463 VPD).
  • Ample parking: 61 spaces (6.69/1,000 SF ratio).

Property Details for 8759 Sepulveda Blvd

Property type
Retail properties, Freestanding property
RSF (Rentable sq. ft)
9,123 SF
Year Built/Renovated
1966/2009
Buildings
1

Unit(s) available at that property

Space
Size
9,123 SF
Rate per SF
$33

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.2299467
Longitude
-118.4681877
8759 Sepulveda Blvd, Los Angeles, California

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Contacts

Martin Agnew
Martin Agnew
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8759 Sepulveda Blvd, Los Angeles, California, 91343

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

8759 Sepulveda Blvd
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    Martin Agnew
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