1734-36 S.Sepulveda Blvd - Muselli Commercial Realtors

for sale
1 7 3 4 - 1 7 3 6 S. S E P U L V E D A B L V D
LOS ANGELES, CA 90025
Evan Pozarny
Vice President
[email protected]
310.458.4100 x 221
Dennis Dillon
Vice President, Brokerage
[email protected]
310.258.0444 x 111
Chelsea Novelli
Associate
[email protected]
310.258.0444 x 119
The information contained herein has been obtained from sources we deem reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.
MEI Real Estate Services: 5757 W. Century Blvd., Suite 605, Los Angeles, CA 90045 | DRE # 01100993 | www.meirealty.com / Muselli Commercial Realtors: 1513 6th Street Suite 201 A, Santa Monica, CA 90401 | DRE # 10304769 | www.muselli.net
1 7 3 4 - 1 7 3 6 S. S E P U L V E D A B L V D
LOS ANGELES, CA 90025
•
•
•
•
•
•
•
•
•
•
•
OFFERING HIGHLIGHTS
Investment, Owner/User or Development Opportunity
Property best suited for quasi-retail or office uses.
Two story Spanish/Mediterranean building totaling 9,763 SF.
Existing structure sits on one parcel totaling 10,938 SF.
Currently utilized as a multi-tenant veterinary commercial building.
Surrounded by shops and restaruants in densely populated area.
Excellent signage and visibility in a high-traffic Los Angeles neighborhood.
Property has abundant on-site parking in front of building and in adjacent lot.
Easy access with frontage along major thoroughfare of Sepulveda Boulevard.
Immediate access to the 405 and 10 freeways.
Loading access in rear of building.
Evan Pozarny
Vice President
[email protected]
310.458.4100 x 221
Dennis Dillon
Vice President, Brokerage
[email protected]
310.258.0444 x 111
Sale Price:
Price/SF:
Building SF:
Land SF:
Year Built:
Zoning:
Parking:
APN:
$5,370,000
$550/SF
9,763 SF
10,938 SF
1991
LAM2
30+
4323-020-035
Chelsea Novelli
Associate
[email protected]
310.258.0444 x 119
The information contained herein has been obtained from sources we deem reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.
MEI Real Estate Services: 5757 W. Century Blvd., Suite 605, Los Angeles, CA 90045 | DRE # 01100993 | www.meirealty.com / Muselli Commercial Realtors: 1513 6th Street Suite 201 A, Santa Monica, CA 90401 | DRE # 10304769 | www.muselli.net
1 7 3 4 - 1 7 3 6 S. S E P U L V E D A B L V D
LOS ANGELES, CA 90025
PROPERTY DESCRIPTION
1734 -1736 S. Sepulveda is currently utilized as a multi-tenant veterinary medicine commercial building. Presently the property is divided into
four suites, two are occupied by VCA Animal Hospitals and the remaining two suites are vacant. VCA’s lease of 4,880 SF ($20,000/month
NNN) expires May 31, 2016. It is possible to deliver the building vacant to an owner/user.
This Spanish/Mediterranean two story building is situated at steet level and accessed from either the sidewalk or via the adjacent parking lot
to the south. It is set back from Sepulveda Boulevard by a 20’ future street widening dedication, presently being utilized for additional on-site
parking. The interior of the building is built out for a veterinary practice with reception areas, exam rooms, radiology and surgery rooms, kenneling areas, stock area, and private and support offices. The current suites are set up to share common use of some of the veterinary medicine infrastructure, including the radiology and surgery areas and some of the kenneling and supporting facilities.
The parking lot is shared between the two tenants. A portion of the parking area is included in the Property fee ownership and a portion
is leased from the owner of the adjoining parcel. The Property parking lot consists of approximately 28 parking spaces to the south of the
building. According to the parking attendants on-site, typically they park up to 32 cars and approximately 12 more (8 in stacked configuration
in two rows, and 4 individual stalls) along the Sepulveda frontage. There is also metered parking in front of the property. The property to the
immediate south is an automotive facility (Midway Car Rental), to the north is a network solutions retail store. 1734- 1736 Sepulveda is a few
doors down from Richard Landry, across the street from Equinox, and walking distance to the new Porsche dealership.
The
e informat
info
orm
m ion
n conta
cont
c
onttained herein has been
been obtain
aii ed from sour
our
u cess we
e deem
ee reli
ee
re
eliable
liable
ble
le, b
bu
utt we mak
make
e no rep
eprese
ep
esentations
se
or war
warr
ar anti
an es, expressed orr im
implie
ed, as to the
e accurac
accurac
uracy of the
e iinforma
mation
ma
on.. Buyer
on
ye must
mu v
mus
ver
erify the info
in
nf rmat
m ion
ma
mat
i
and bear
ea
asa
alll ri
risk
ssk
k forr any inacc
inacc
ac
c urac
racies.
rac
ies.
ies
es
1 7 3 4 - 1 7 3 6 S. S E P U L V E D A B L V D
LOS ANGELES, CA 90025
PROPERTY PHOTOS
Evan Pozarny
Vice President
[email protected]
310.458.4100 x 221
Dennis Dillon
Vice President, Brokerage
[email protected]
310.258.0444 x 111
Chelsea Novelli
Associate
[email protected]
310.258.0444 x 119
The information contained herein has been obtained from sources we deem reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.
MEI Real Estate Services: 5757 W. Century Blvd., Suite 605, Los Angeles, CA 90045 | DRE # 01100993 | www.meirealty.com / Muselli Commercial Realtors: 1513 6th Street Suite 201 A, Santa Monica, CA 90401 | DRE # 10304769 | www.muselli.net
1 7 3 4 - 1 7 3 6 S. S E P U L V E D A B L V D
LOS ANGELES, CA 90025
STREET LOCATOR MAP
NEARBY AMENITIES:
• Starbucks Coffee
• Equinox Sports Club
• Berri’s Kitchen
• Quiznos
• Fatburger
• Zankou Chicken
• O Sushi
• Sepulveda West Car Wash
Evan Pozarny
Vice President
[email protected]
310.458.4100 x 221
Dennis Dillon
Vice President, Brokerage
[email protected]
310.258.0444 x 111
• New York Pizza & Pasta
• Del Taco
• The Corner Cafe & Grill
• Coffee Bean & Tea Leaf
• Jamba Juice
• Salad Farm
• Porsche Dealership
• Richard Landry
Chelsea Novelli
Associate
[email protected]
310.258.0444 x 119
The information contained herein has been obtained from sources we deem reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.
MEI Real Estate Services: 5757 W. Century Blvd., Suite 605, Los Angeles, CA 90045 | DRE # 01100993 | www.meirealty.com / Muselli Commercial Realtors: 1513 6th Street Suite 201 A, Santa Monica, CA 90401 | DRE # 10304769 | www.muselli.net
1 7 3 4 - 1 7 3 6 S. S E P U L V E D A B L V D
LOS ANGELES, CA 90025
PARCEL MAP
Subject Property
Ground Lease Parking Lot
1746 S Sepulveda Blvd.
Current Lease $5,000.00/month
Commencing April 1, 2019:
Rent increases to $5,500.00/month
Lease Expiration June 30, 2026
Evan Pozarny
Vice President
[email protected]
310.458.4100 x 221
Dennis Dillon
Vice President, Brokerage
[email protected]
310.258.0444 x 111
Chelsea Novelli
Associate
[email protected]
310.258.0444 x 119
The information contained herein has been obtained from sources we deem reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.
MEI Real Estate Services: 5757 W. Century Blvd., Suite 605, Los Angeles, CA 90045 | DRE # 01100993 | www.meirealty.com / Muselli Commercial Realtors: 1513 6th Street Suite 201 A, Santa Monica, CA 90401 | DRE # 10304769 | www.muselli.net
1 7 3 4 - 1 7 3 6 S. S E P U L V E D A B L V D
LOS ANGELES, CA 90025
DEMOGRAPHICS
([HFXWLYH6XPPDU\
([HFXWLYH6XPPDU\
66HSXOYHGD%OYG/RV$QJHOHV&DOLIRUQLD
5LQJVPLOHUDGLL
PLOH
PLOHV
3RSXODWLRQ
3RSXODWLRQ
$QQXDO5DWH
$QQXDO5DWH
$QQXDO5DWH
0DOH3RSXODWLRQ
)HPDOH3RSXODWLRQ
0HGLDQ$JH
,QWKHLGHQWLILHGDUHDWKHFXUUHQW\HDUSRSXODWLRQLV,QWKH&HQVXVFRXQWLQWKHDUHDZDV7KHUDWHRIFKDQJHVLQFH
ZDVDQQXDOO\7KHILYH\HDUSURMHFWLRQIRUWKHSRSXODWLRQLQWKHDUHDLVUHSUHVHQWLQJDFKDQJHRIDQQXDOO\IURP
WR&XUUHQWO\WKHSRSXODWLRQLVPDOHDQGIHPDOH
0HGLDQ$JH
7KHPHGLDQDJHLQWKLVDUHDLVFRPSDUHGWR86PHGLDQDJHRI
$PHULFDQ,QGLDQ$ODVND1DWLYH$ORQH
$VLDQ$ORQH
3DFLILF,VODQGHU$ORQH
2WKHU5DFH
7ZRRU0RUH5DFHV
+LVSDQLF2ULJLQ$Q\5DFH
3HUVRQVRI+LVSDQLFRULJLQUHSUHVHQWRIWKHSRSXODWLRQLQWKHLGHQWLILHGDUHDFRPSDUHGWRRIWKH86SRSXODWLRQ3HUVRQVRI
+LVSDQLF2ULJLQPD\EHRIDQ\UDFH7KH'LYHUVLW\,QGH[ZKLFKPHDVXUHVWKHSUREDELOLW\WKDWWZRSHRSOHIURPWKHVDPHDUHDZLOOEHIURP
GLIIHUHQWUDFHHWKQLFJURXSVLVLQWKHLGHQWLILHGDUHDFRPSDUHGWRIRUWKH86DVDZKROH
+RXVHKROGV
+RXVHKROGV
+RXVHKROGV
7RWDO+RXVHKROGV
7RWDO+RXVHKROGV
$QQXDO5DWH
$QQXDO5DWH
$QQXDO5DWH
$YHUDJH+RXVHKROG6L]H
7KHKRXVHKROGFRXQWLQWKLVDUHDKDVFKDQJHGIURPLQWRLQWKHFXUUHQW\HDUDFKDQJHRIDQQXDOO\7KHILYH
\HDUSURMHFWLRQRIKRXVHKROGVLVDFKDQJHRIDQQXDOO\IURPWKHFXUUHQW\HDUWRWDO$YHUDJHKRXVHKROGVL]HLVFXUUHQWO\
FRPSDUHGWRLQWKH\HDU7KHQXPEHURIIDPLOLHVLQWKHFXUUHQW\HDULVLQWKHVSHFLILHGDUHD
Evan Pozarny
Vice President
[email protected]
310.458.4100 x 221
/DWLWXGH
/RQJLWXGH
PLOHV
PLOHV
0HGLDQ+RXVHKROG,QFRPH
3RSXODWLRQ
3RSXODWLRQ
%ODFN$ORQH
PLOH
PLOHV
3RSXODWLRQ
5DFHDQG(WKQLFLW\
:KLWH$ORQH
66HSXOYHGD%OYG/RV$QJHOHV&DOLIRUQLD
5LQJVPLOHUDGLL
/DWLWXGH
/RQJLWXGH
Dennis Dillon
Vice President, Brokerage
[email protected]
310.258.0444 x 111
0HGLDQ+RXVHKROG,QFRPH
0HGLDQ+RXVHKROG,QFRPH
$QQXDO5DWH
$YHUDJH+RXVHKROG,QFRPH
$YHUDJH+RXVHKROG,QFRPH
$YHUDJH+RXVHKROG,QFRPH
$QQXDO5DWH
3HU&DSLWD,QFRPH
3HU&DSLWD,QFRPH
3HU&DSLWD,QFRPH
$QQXDO5DWH
+RXVHKROGVE\,QFRPH
&XUUHQWPHGLDQKRXVHKROGLQFRPHLVLQWKHDUHDFRPSDUHGWRIRUDOO86KRXVHKROGV0HGLDQKRXVHKROGLQFRPHLV
SURMHFWHGWREHLQILYH\HDUVFRPSDUHGWRIRUDOO86KRXVHKROGV
&XUUHQWDYHUDJHKRXVHKROGLQFRPHLVLQWKLVDUHDFRPSDUHGWRIRUDOO86KRXVHKROGV$YHUDJHKRXVHKROGLQFRPHLV
SURMHFWHGWREHLQILYH\HDUVFRPSDUHGWRIRUDOO86KRXVHKROGV
&XUUHQWSHUFDSLWDLQFRPHLVLQWKHDUHDFRPSDUHGWRWKH86SHUFDSLWDLQFRPHRI7KHSHUFDSLWDLQFRPHLVSURMHFWHGWR
EHLQILYH\HDUVFRPSDUHGWRIRUDOO86KRXVHKROGV
+RXVLQJ
7RWDO+RXVLQJ8QLWV
2ZQHU2FFXSLHG+RXVLQJ8QLWV
5HQWHU2FFXSLHG+RXVLQJ8QLWV
9DFDQW+RXVLQJ8QLWV
7RWDO+RXVLQJ8QLWV
2ZQHU2FFXSLHG+RXVLQJ8QLWV
5HQWHU2FFXSLHG+RXVLQJ8QLWV
9DFDQW+RXVLQJ8QLWV
7RWDO+RXVLQJ8QLWV
2ZQHU2FFXSLHG+RXVLQJ8QLWV
5HQWHU2FFXSLHG+RXVLQJ8QLWV
9DFDQW+RXVLQJ8QLWV
7RWDO+RXVLQJ8QLWV
2ZQHU2FFXSLHG+RXVLQJ8QLWV
5HQWHU2FFXSLHG+RXVLQJ8QLWV
9DFDQW+RXVLQJ8QLWV
&XUUHQWO\RIWKHKRXVLQJXQLWVLQWKHDUHDDUHRZQHURFFXSLHGUHQWHURFFXSLHGDQGDUHYDFDQW&XUUHQWO\LQ
WKH86RIWKHKRXVLQJXQLWVLQWKHDUHDDUHRZQHURFFXSLHGDUHUHQWHURFFXSLHGDQGDUHYDFDQW,QWKHUH
ZHUHKRXVLQJXQLWVLQWKHDUHDRZQHURFFXSLHGUHQWHURFFXSLHGDQGYDFDQW7KHDQQXDOUDWHRIFKDQJHLQ
KRXVLQJXQLWVVLQFHLV0HGLDQKRPHYDOXHLQWKHDUHDLVFRPSDUHGWRDPHGLDQKRPHYDOXHRIIRUWKH86
,QILYH\HDUVPHGLDQYDOXHLVSURMHFWHGWRFKDQJHE\DQQXDOO\WR
Chelsea Novelli
Associate
[email protected]
310.258.0444 x 119
The information contained herein has been obtained from sources we deem reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.
MEI Real Estate Services: 5757 W. Century Blvd., Suite 605, Los Angeles, CA 90045 | DRE # 01100993 | www.meirealty.com / Muselli Commercial Realtors: 1513 6th Street Suite 201 A, Santa Monica, CA 90401 | DRE # 10304769 | www.muselli.net
For sale
1 7 3 4 - 1 7 3 6 S. S E P U L V E D A B L V D
LOS ANGELES, CA 90025
FOR MORE INFORMATION:
Evan Pozarny
Vice President
[email protected]
310.458.4100 x 221
Dennis Dillon
Vice President, Brokerage
[email protected]
310.258.0444 x 111
Chelsea Novelli
Associate
[email protected]
310.258.0444 x 119
The information contained herein has been obtained from sources we deem reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.
MEI Real Estate Services: 5757 W. Century Blvd., Suite 605, Los Angeles, CA 90045 | DRE # 01100993 | www.meirealty.com / Muselli Commercial Realtors: 1513 6th Street Suite 201 A, Santa Monica, CA 90401 | DRE # 10304769 | www.muselli.net