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    Manhattan Beach Office Condo For Sale Title is generated by Realmo AI

    1300 Highland Avenue, Manhattan Beach, CA 90266

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    For Sale
    $650,000

    Commercial Sale - Manhattan Beach, CA

    Property size:
    300 SF
    Price / SF:
    $2,166/SF
    Added:
    Oct 18, 2025
    Days on Market:
    214
    Last Refresh:
    May 19 at 11:06 pm

    Property Features for 1300 Highland Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    4179004049
    Size
    300 SF

    Utilities

    Cooling system
    Ductless

    Building Details

    Year built
    2009
    Architectural style
    Other

    We can help!

    Listing Contact
    Michael Rossi

    Listing agent Michael Rossi License #01089100

    Listing office Strand Hill Properties 1131 Morningside, Manhattan Beach, CA

    Listing date Oct 18, 2025

    MLS# SB25242770 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location in downtown Manhattan Beach, steps from the Pacific Ocean, restaurants, and shops.
    • Top‑floor end unit office condo in an exclusive boutique office complex.
    • Designed by renowned architect Grant Kirkpatrick of KAA to maximize ocean breezes and natural light.
    • 10,000 square foot basement with gated underground parking, spa locker rooms, steam showers, and private storage.
    • Unique design featuring exposed steel structure and bleached cedar cladding.
    • Adjacent to the new Manhattan Beach Library, City Hall, and Metlox (restaurants, shops, Shade Hotel).

    Overview

    Located in downtown Manhattan Beach, this top-floor end unit office condo is situated at 1300 Highland Shops + Work Lofts. The boutique office complex blends work and lifestyle. Designed by architect Grant Kirkpatrick of KAA, the development maximizes ocean breezes and natural light. The building's design features an exposed steel structure and bleached cedar cladding. The property includes a 10,000 square foot basement with gated underground parking spaces, spa locker rooms, steam showers, and private storage. Outdoor patio areas are available for meetings. The office condo is adjacent to the new Manhattan Beach Library, City Hall, and the Metlox, which houses restaurants, shops, and the Shade Hotel. The property size is 300 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Birdwell Beach Britches Swimwear Store West Coast Escrow Title Company Manhattan Beach House ... Painting Service Visalia, LLC (Bike/Boat/Book/etc) Store James Thomas Productions Music Venue

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manhattan Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.4104006
    Latitude
    33.8866309

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    FAQs

    What type of property is this?
    Office units - Top-floor office condo in downtown Manhattan Beach, steps from the ocean.
    Where is this office units located?
    The property is located at 1300 Highland Avenue Manhattan Beach, CA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Prime location in downtown Manhattan Beach, steps from the Pacific Ocean, restaurants, and shops.; Top‑floor end unit office condo in an exclusive boutique office complex.; Designed by renowned architect Grant Kirkpatrick of KAA to maximize ocean breezes and natural light.
    (310) 849-9601
    We can help!
    Listing Contact
    Michael Rossi
    Real Estate License ID: 01089100
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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