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    Manhattan Beach Commercial Corner Unit Title is generated by Realmo AI

    1701 Artesia Boulevard, Manhattan Beach, CA 90266

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    Pending
    $850,000

    Commercial Sale - Manhattan Beach, CA

    Property size:
    930 SF
    Added:
    Feb 5, 2026
    Days on Market:
    113
    Last Refresh:
    May 29 at 10:06 pm

    Property Features for 1701 Artesia Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Interior features
    Elevators
    Accessibility
    Accessible Elevator Installed
    Standard status
    Pending
    APN
    4163008023
    Size
    930 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2026
    Architectural style
    Other

    We can help!

    Listing Contact
    Jeremiah Carew

    Listing agent Jeremiah Carew License #01374136

    Listing office REMAX AEGIS 1716 Manhattan Beach Blvd #A, Manhattan Beach, CA

    Listing date Feb 5, 2026

    MLS# SB26019623 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 Manhattan Beach location with excellent exposure on Artesia Blvd.
    • New construction (completion 2026) featuring modern systems.
    • Corner‑unit with 642 SF of workspace plus 288 SF of heated and cooled storage.
    • Dedicated entrance off Redondo Avenue providing direct access to the suite.
    • Private owner parking with secure storage and hassle‑free guest parking.
    • Secured lobby with keypad entry and elevator access.

    Overview

    This new construction corner-unit offers retail/commercial space, with completion expected in 2026. The property benefits from an excellent location on Artesia Blvd, providing great exposure. The open, flowing office features 9-foot ceilings and 642 square feet of workspace, complemented by an additional 288 square feet of heated and cooled storage suitable for inventory or flexible use. Elevator access is available within the building. A secured lobby with keypad entry ensures controlled access. Private owner parking with secure storage is included, along with hassle-free guest parking. A dedicated entrance off Redondo Avenue provides direct access to the suite. The property offers excellent visibility, convenience, and functionality for owner-users or small businesses. The design allows for efficient client flow while maintaining professional separation from common areas. Contemporary building standards and modern systems are part of the new construction. The sale is subject to the issuance of a Certificate of Occupancy and DRE approval. The buyer is responsible for verifying all permits and approvals. The property is located in Manhattan Beach, CA.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

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

    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
    -118.3828292
    Latitude
    33.8730282

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    FAQs

    What type of property is this?
    Office units - New construction office space with storage in Manhattan Beach.
    Where is this office units located?
    The property is located at 1701 Artesia Boulevard Manhattan Beach, CA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Prime Manhattan Beach location with excellent exposure on Artesia Blvd.; New construction (completion 2026) featuring modern systems.; Corner‑unit with **642 SF of workspace plus 288 SF of heated and cooled storage.**
    (310) 714-1416
    We can help!
    Listing Contact
    Jeremiah Carew
    Real Estate License ID: 01374136
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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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