Add Listing
    For Sale
    • 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

    627 Aviation Way Manhattan Beach, CA 90266

    View on Map
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $575,000

    Creative office space featuring natural light, high ceilings, and parking.

    Type:Commercial
    Lot size:
    0.17 Acres
    Added:
    Mar 31, 2026
    Days on Market:
    2
    Last Refresh:
    Mar 27 at 4:39 am

    Property Features for 627 Aviation Way

    General Information

    Standard status
    Active
    Lot size
    0.17 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    2012

    We can help!

    Listing Contact
    Albert Pacleb
    Albert Pacleb

    Listing agent Albert Pacleb License #01882342

    Listing office LA Commercial, Inc.

    Listing date Mar 31, 2026

    Source Elliman

    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 LA Commercial, Inc.

    Overview

    Creative Office Space For Sale

    This commercial space features abundant natural light through numerous windows. The high ceilings contribute to a creative office environment, enhanced by sound abatement wall and ceiling treatments for both functionality and aesthetic appeal. The property includes polished concrete floors, a private restroom, and one reserved parking spot. Tinted windows offer heat protection and daytime privacy. A common outdoor patio area is available for breaks and fresh air.
    Location Intelligence

    Current Use by Public Records

    912 Architecture Architect

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare 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
    -118.380259
    Latitude
    33.87406

    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
    • $850,000
      930 SF

      Manhattan Beach Retail/Commercial Space

      New construction corner-unit with retail/commercial space in Manhattan Beach.
      1701 Artesia Boulevard, 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
    • $4,700,000
      3,966 SF

      Manhattan Beach Multi-Unit Investment

      Rare Manhattan Beach property near The Strand with ocean views.
      124 11th, 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
    • $4,950,000
      3,768 SF

      Manhattan Beach Corner Development Site

      Triple corner development site in the heart of Manhattan Beach.
      947 Manhattan Beach Blvd Boulevard, Manhattan Beach, CA 90266
      View Details
    • $11,995,000
      5,193 SF

      Manhattan Beach Renovated Quadruplex

      Rare, renovated four-unit property on The Strand in Manhattan Beach.
      2208 The Strand, Manhattan Beach, CA 90266
      View Details
    • $11,995,000
      5,193 SF

      Renovated Manhattan Beach Quadruplex

      Rare, fully renovated four-unit property near Manhattan Beach.
      2208 The Strand, Manhattan Beach, CA 90266
      View Details
    • $1,781,250
      1,800 SF

      Manhattan Beach Triplex Near Park

      Three-unit property near Polliwog Park with garages in Manhattan Beach.
      1416 Manhattan Beach, Manhattan Beach, CA 90266
      View Details
    • $1,781,250
      1,800 SF

      Rare Manhattan Beach Triplex

      Three units near Polliwog Park with private garages.
      1416 Manhattan Beach, Manhattan Beach, CA 90266
      View Details
    • $1,725,000
      1,162 SF

      Manhattan Beach Condo For Sale

      Condo in a three-story building available for purchase.
      930 Manhattan Beach Blvd, Manhattan Beach, CA
      View Details

    FAQs

    What type of property is this?
    Creative space - Creative office space featuring natural light, high ceilings, and parking.
    Where is this creative space located?
    The property is located at 627 Aviation Way Manhattan Beach, CA.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: High ceilings create a desirable creative office environment.; Sound abatement wall and ceiling treatment enhances functionality and aesthetics.; Abundant natural light throughout the space.
    (424) 999-5204
    We can help!
    Listing Contact
    Albert Pacleb
    Albert Pacleb
    Real Estate License ID: 01882342
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!