For Sale
$6,000,000

824 1St St Manhattan Beach, CA 90266

6 Luxury Offices, Ocean Views, New Construction

Overview

Added:
Dec 11, 2024
Days on market:
138
Exceptional opportunity to acquire six brand-new, luxury office condos in the highly desirable Manhattan Beach, California. This newly constructed (2022 renovation, completion expected by year-end) development offers a rare combination of prime location, stunning ocean views, and modern amenities. The property, located at 824 1st Street, boasts a total of 4,800 square feet across a two-story building on a 5,544 square foot lot. Each of the six units ranges from 500 to 800 square feet, featuring private bathrooms, high ceilings, and private western-facing decks. A direct spiral staircase provides access to shared ocean-view rooftop decks. Additional features include abundant natural light, a secured building with 24-hour access, an elevator, and on-site secured parking with ADA accessibility. The property is situated in a highly visible location with significant signage and branding opportunities, making it ideal for businesses seeking high visibility and a prestigious address. This Class B building is zoned for commercial office use and is currently vacant, presenting a unique redevelopment opportunity in the South Bay Innovation Hub, just minutes from the Pacific Coast Highway and major freeways (405, 105, and 91), and only 15 minutes from LAX. The asking price is $6,000,000 ($1,250 per square foot), with a NNN lease type. The property's APN is 4186031102.

Highlights

  • $6,000,000 asking price for a new construction office condo development in Manhattan Beach, CA.
  • Six vacant units totaling 4,800 square feet, priced at $1,250 per square foot.
  • Located at 824 1st St, Manhattan Beach, CA 90266, a highly visible location with excellent signage opportunities.
  • Features include ocean views, balconies, rooftop deck, 24-hour access, elevator, and abundant natural light.
  • The property is a Class B, two-story building on a 5,544 square foot lot, with secured parking and ADA accessibility.
  • Completed in 2022, this redevelopment project offers individual office condos ranging from 500-800 square feet, each with a private bathroom.

Property Details for 824 1St St

Property type
Office properties, Office space
Square Feet
4,800 SF
Class
B
Year Built/Renovated
1979/2022
Buildings
1
Stories
2
Units
6

Location Insight

City
Manhattan Beach
County
Los Angeles
State
California
Latitude
33.85561593
Longitude
-118.38982878

FAQs

What type of property is this?
Office property - 6 Luxury Offices, Ocean Views, New Construction
Where is the office property located?
The property is located at 824 1St St Manhattan Beach, CA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: $6,000,000 asking price for a new construction office condo development in Manhattan Beach, CA.; Six vacant units totaling 4,800 square feet, priced at $1,250 per square foot.; Located at 824 1st St, Manhattan Beach, CA 90266, a highly visible location with excellent signage opportunities.
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824 1St St
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