Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Manhattan Beach Boulevard Opportunity Title is generated by Realmo AI

    806 Manhattan Beach Boulevard, Manhattan Beach, CA 90266

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $6,200,000

    Prime location with redevelopment potential in Manhattan Beach.

    Type:Retail
    Added:
    Mar 25, 2026
    Days on Market:
    46
    Last Refresh:
    Mar 18 at 9:33 am

    Property Features for 806 Manhattan Beach Boulevard

    General Information

    Standard status
    Active
    Property subtype
    Retail

    We can help!

    Listing Contact
    Dan Riley

    Listing agent Dan Riley License #01057519

    Listing office

    Listing date Mar 25, 2026

    Source Cbre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Dan Riley

    HighLights

    • Irreplaceable Manhattan Beach Boulevard Location – “Gateway” To Downtown Manhattan Beach
    • Stable In Place Income With Substantial Near‑Term Upside Potential
    • Multifamily redevelopment potential subject to City approved "USE" PERMIT (CUP)
    • Immediate Access To Desirable Amenities
    • Adjacent Affluent “Hill Section” Homes District
    • Highly Desirable / Affluent South Bay Trade Area Demographics

    Overview

    This commercial property is located on Manhattan Beach Boulevard, serving as a gateway to downtown Manhattan Beach. The property offers stable in-place income with near-term upside potential for a value-add investor. Redevelopment opportunities exist for commercial or apartment use, subject to a City approved Use Permit (CUP). The location provides immediate access to desirable amenities and is adjacent to the affluent Hill Section homes district. The property benefits from a synergistic personal and professional services tenancy and solid underlying real estate fundamentals. Situated in the highly desirable and affluent South Bay trade area, the property is zoned MNCL - Local Commercial, allowing for a wide range of permitted uses, including multifamily redevelopment subject to City approval.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    South Bay Car ... Car Dealership Psychological Wellness: Credidio ... Physician The Pilates Nook Gym & Fitness Center MeetingWise, LLC Event Planning Life and Relationships 101 Psychotherapist

    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
    -118.4028714
    Latitude
    33.8872071

    Nearby Similar for Sale

    • $820,000
      300 SF

      Manhattan Beach Mixed-Use Retail Space

      Prime mixed-use complex in the heart of downtown Manhattan Beach.
      1300 Highland Avenue, Manhattan Beach, CA 90266
      View Details
    • $725,000
      300 SF

      Manhattan Beach Office Condo For Sale

      Boutique office condo in the heart of Manhattan Beach.
      1300 Highland Avenue, Manhattan Beach, CA 90266
      View Details
    • $650,000
      300 SF

      Manhattan Beach Office Condo For Sale

      Top-floor office condo in downtown Manhattan Beach, steps from the ocean.
      1300 Highland Avenue, Manhattan Beach, CA 90266
      View Details
    • $25,000,000
      5,967 SF

      Manhattan Beach Strand Legacy Compound

      Remodeled oceanfront quadplex with Pacific views and prime location.
      1000 The Strand, Manhattan Beach, CA 90266
      View Details
    • $3,850,000

      Manhattan Beach Development Opportunity

      Triple corner lot with redevelopment potential in Manhattan Beach.
      947 Manhattan Beach, Manhattan Beach, CA 90266
      View Details
    • $2,390,000
      1,353 SF

      Upgraded Duplex with Ocean Views

      Manhattan Beach duplex featuring ocean views and upgraded interiors.
      126 43rd, Manhattan Beach, CA 90266
      View Details
    • $13,999,999
      5,508 SF

      Strand Corner Parcel Estate Opportunity

      Rare opportunity to build a custom residence on The Strand.
      2120 The Strand, Manhattan Beach, CA 90266
      View Details
    • $2,750,000
      3,226 SF

      Manhattan Beach Triplex For Sale

      Triplex located in Manhattan Beach, California, with 3226 square feet.
      637 Manhattan Beach Boulevard, Manhattan Beach, CA 90266
      View Details
    • $5,500,000
      1,142 SF

      Manhattan Beach Duplex with Ocean Views

      Duplex in prime location with ocean views and development potential.
      98 Highland Avenue, Manhattan Beach, CA 90266
      View Details
    • $3,850,000
      3,768 SF

      Manhattan Beach Development Opportunity

      Triple corner development site in the heart of Manhattan Beach.
      947 Manhattan Beach Blvd Boulevard, Manhattan Beach, CA 90266
      View Details
    • $575,000

      Creative Office Space For Sale

      Creative office space featuring natural light, high ceilings, and parking.
      627 Aviation Way, Manhattan Beach, CA 90266
      View Details
    • $9,999,999

      Strand Residence Development Opportunity

      Rare chance to build a custom residence in Manhattan Beach.
      2114 The Strand, Manhattan Beach, CA 90266
      View Details

    FAQs

    What type of property is this?
    Retail space - Prime location with redevelopment potential in Manhattan Beach.
    Where is this retail space located?
    The property is located at 806 Manhattan Beach Boulevard Manhattan Beach, CA.
    What is the asking price?
    The asking price for this property is $6,200,000.
    What are key features of this property?
    This property features: Irreplaceable Manhattan Beach Boulevard Location – “Gateway” To Downtown Manhattan Beach; Stable In Place Income With Substantial Near‑Term Upside Potential; Multifamily redevelopment potential subject to City approved "USE" PERMIT (CUP)
    We can help!
    Listing Contact
    Dan Riley
    Real Estate License ID: 01057519
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    806 Manhattan Beach Boulevard, Manhattan Beach, CA, 90266
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!