818 Manhattan Beach BlvdManhattan Beach, CA 90266

  • Office properties
  • 6,349 SF
For Lease
$54/SF/YR View listing

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 properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,886,400
    6.5%
    $1,741,292
    7%
    $1,616,914
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,531,760
    Geo Method
    $1,531,760
  • Alternative Use

    Use
    Valuation
    Residential
    $2,159,202
    Hospitality
    $1,977,818
    Educational
    $1,645,521
    Medical
    $1,702,113
    Retail
    $2,559,699
818 Manhattan Beach Blvd, Manhattan Beach, California

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$48,134
$2,495,685
$1,663,639
$4,159,324
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FAQs

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