818 Manhattan Beach BlvdManhattan Beach, CA 90266

Property Details for 818 Manhattan Beach Blvd

Year built

2010

Construction

WOOD

Lot size

0.17 AC

Property size (Sq ft)

6,349 SF

Zone code

MNCL

Property type

Office buildings

APN

4170-023-008

APU

4170023008

Description

This exceptional 4,111 square foot executive office suite is ideally situated in the heart of Downtown Manhattan Beach, offering unparalleled convenience and visibility. The property boasts a highly desirable location, within walking distance of the beach, The Strand, and numerous amenities. Benefit from a major street identity with high traffic counts, ensuring maximum brand exposure. The suite is fully built-out and highly efficient, ready for immediate occupancy. Thirteen dedicated, covered garage parking spaces are included at no additional cost, a significant advantage in this sought-after area. Additional parking may be available. The building features a convenient elevator, providing direct access to Suite 100 from the garage. Enjoy the exclusive use of a private outdoor patio/lounge area, perfect for employee breaks or client meetings. Prominent building signage along Manhattan Beach Boulevard offers an incredible branding opportunity. This turnkey executive office space in the South Bay's Beach Cities submarket presents a rare opportunity to establish a thriving business in a vibrant and desirable location. The multiple tenancy structure allows for flexibility and scalability. The building is located in the South Bay submarket cluster, specifically the Beach Cities area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,137,920

  6.5%

  $1,973,460

  7%

  $1,832,500

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,531,760

  Geo Method

  $1,531,760

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,680,600

  Retail / Commercial

  $1,927,470

  Mixed-Use / Specialty

  $1,952,170

  Hospitality / Lodging

  $1,473,360

  Institutional / Educational

  $2,040,760

  Residential Income

  $2,387,690

  Multifamily

  $2,688,610

  Automotive / Energy

  $1,749,220

  Parking / Income-Based Land

  $572,437

  Restaurant / Food Service

  $1,082,730

  Healthcare / Senior Housing

  $1,969,530

Location Insight

City

Manhattan Beach

County

Los Angeles

State

California

Latitude

33.8871

Longitude

-118.403

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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