Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2005 Manhattan Beach Blvd Redondo Beach, CA 90278

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Second floor office space available for rent in Redondo Beach.

    Property size:
    26,151 SF
    Lot size:
    3.80 Acres

    Property Features for 2005 Manhattan Beach Blvd

    General Information

    Size
    26,151 SF
    Lot size
    3.80 Acres

    We can help!

    Listing Contact
    Eric Lastition
    Eric Lastition
    Source: Moodyscre

    Listing Agency: Newmark - Los Angeles - South Bay Listing Agent: Eric Lastition

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Redondo Beach Second Floor Office

    The available space is a second-floor office encompassing the entire floor, totaling 43,223 square feet. The space is contiguous. The property is located at 2005 Manhattan Beach Blvd, Redondo Beach, CA.
    Location Intelligence

    Current Use by Public Records

    Rocha Pet (Bike/Boat/Book/etc) Store Quantimetrix Corporation Industrial Manufacturer Super Junk Removel ... Waste Management Facility

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Redondo Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.3762854
    Latitude
    33.8881322

    Nearby Similar for Lease

    • $4,750 /Mo
      1,568 SF

      Redondo Beach Live/Work Opportunity

      Versatile live/work space in Redondo Beach available for lease.
      424 S Pacific Coast Hwy, Redondo Beach, CA 90277
      View Details
    • $5,000 /Mo

      1300 S. pacific Coast hwy

      Café/bakery
      1300 S Pacific Coast Hwy, Redondo Beach, CA 90277
      View Details
    • $5,000 /Mo
      Pending

      Pacific Coast Highway Retail/Office Space

      Retail and office space on Pacific Coast Highway available for rent.
      715 S Pacific Coast Hwy S, Redondo Beach, CA 90277
      View Details
    • $3,025 /Mo

      Redondo Beach Office/Retail Space

      Prime Redondo Beach office/retail space for lease.
      800 Torrance Blvd, Redondo Beach, CA 90277
      View Details
    • Contact for pricing
      2,841 SF

      Redondo Beach Retail Space Available

      Retail space in a high-traffic Redondo Beach shopping center.
      1509 Hawthorne Blvd, Redondo Beach, CA 90278
      View Details
    • $2,793 /Mo

      Storefront Near Redondo Beach Pier

      Charming storefront with tall ceilings near Redondo Beach Pier.
      211 Torrance Blvd, Redondo Beach, CA 90277
      View Details
    • $3 SF/Yr

      Redondo Beach Medical/Office Suites

      Dental, medical, and office suites available near Redondo Beach Pier.
      400 Torrance Blvd, Redondo Beach, CA 90277
      View Details
    • $5,000 /Mo
      Pending

      Retail and Office Space Available

      Highly visible retail and office space on Pacific Coast Highway.
      715 S Pacific Coast Hwy S, Redondo Beach, CA 90277
      View Details
    • $2 SF/Yr
      14,041 SF

      Office Space Near Performing Arts

      Office space adjacent to arts center and Aviation Park.
      2015 Manhattan Beach Blvd, Redondo Beach, CA 90278
      View Details
    • $0.29 SF/Yr
      22,404 SF

      Redondo Beach Class B Office

      Class B office building with suites available for rent.
      2512 Artesia Blvd, Redondo Beach, CA 90278
      View Details
    • $2,793 /Mo

      Charming Storefront Near Redondo Beach

      Storefront with tall ceilings and skylights near Redondo Beach Pier.
      211 Torrance Blvd, Redondo Beach, CA 90277
      View Details
    • Contact for pricing

      Redondo Beach Office Building

      Remodeled office building near the Pacific Ocean and local amenities.
      116 South Catalina Ave, Redondo Beach, CA 90277
      View Details

    FAQs

    What type of property is this?
    Office units - Second floor office space available for rent in Redondo Beach.
    Where is this office units located?
    The property is located at 2005 Manhattan Beach Blvd Redondo Beach, CA.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: - Contiguous space of **43,223 SF**; - Entire second floor availability; - Office space
    (310) 567-0950 Call to check price and availability
    Request Owner's contact information
    2005 Manhattan Beach Blvd Redondo Beach, CA 90278
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2005 Manhattan Beach Blvd
    Redondo Beach, CA 90278
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    2005 Manhattan Beach Blvd Redondo Beach, CA 90278
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Eric Lastition
    Eric Lastition
    Real Estate License ID: #01119647
    (310) 567-0950 (310) 491-2000 (310) 491-2047
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!