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

    924 N Sepulveda Blvd, Manhattan Beach, CA 90266

    View on Map
    Claim this Listing
    New
    For Sale
    Contact for pricing

    Newly constructed restaurant with upgrades and favorable lease terms.

    Type:Retail
    Property size:
    1,300 SF
    Price / SF:
    $211/SF
    Added:
    May 26, 2026
    Days on Market:
    4
    Last Refresh:
    May 27 at 8:26 am

    Property Features for 924 N Sepulveda Blvd

    General Information

    Standard status
    Active
    Size
    1,300 SF
    Property subtype
    Retail

    We can help!

    Listing Contact
    Lorena Tomb

    Listing agent Lorena Tomb License #CA

    Listing office Urbanlime Real Estate

    Listing date May 26, 2026

    Source Crexi

    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 Urbanlime Real Estate

    HighLights

    • Newly constructed 2nd generation restaurant with all new upgrades.
    • Turn‑key condition, ready for immediate operation.
    • Existing kitchen, hood, gas, and electric infrastructure in place.
    • Shares a ninety‑space parking lot with two established restaurants (Big Wok Mongolian and India's Tandoori).
    • ADA compliant bathrooms.
    • Favorable rent structure with extended term in Manhattan Beach.

    Overview

    This newly constructed, second-generation restaurant is located in Manhattan Beach. The 1,300-square-foot space was previously a retail site and has been upgraded with new features, including ADA-compliant bathrooms, an updated interior, a kitchen, a hood, and updated gas and electric systems. The restaurant shares a ninety-space parking lot with two other restaurant tenants. The property features a favorable rent structure and extended term, presenting an opportunity for an operator to establish a presence in the Manhattan Beach neighborhood.
    Location Intelligence

    Current Use by Public Records

    Ali'i Hawaiian Grill ... Restaurant

    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.

    Similar Places Nearby

    • Gino Work! Total Success Events — 2200 Pacific Coast Hwy # 317, Hermosa Beach, CA 90254
    • Made by Meg LLC — Manhattan Ave, Hermosa Beach, CA 90254
    • Down To Mama’s Backyard BBQ LLC — 107 S Aviation Blvd, Manhattan Beach, CA 90266

    Location Insight

    • Map
    • Local Demand
    City
    Manhattan Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.395754
    Latitude
    33.8854728

    Nearby Similar for Sale

    • $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
    • $3,695,000
      1,638 SF

      Manhattan Beach Coastal Legacy Property

      Rare 1920s corner lot with panoramic ocean views.
      4308 Crest Drive, Manhattan Beach, CA 90266
      View Details
    • $850,000
      930 SF

      Manhattan Beach Commercial Corner Unit

      New construction office space with storage in Manhattan Beach.
      1701 Artesia Boulevard, Manhattan Beach, CA 90266
      View Details
    • $2,340,000
      1,548 SF

      Upgraded Duplex with Ocean Views

      Manhattan Beach duplex featuring ocean views and upgraded interiors.
      126 43rd, 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
    • $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
    • $4,700,000

      Manhattan Beach Multi-Unit Investment

      Rare Manhattan Beach triplex steps from The Strand.
      124 11th, Manhattan Beach, CA 90266
      View Details
    • $3,695,000

      Manhattan Beach Coastal Corner Property

      Rare 1920s corner lot with panoramic ocean views.
      4308 Crest Dr, Manhattan Beach, CA 90266
      View Details
    • $2,750,000

      Manhattan Beach Commercial Property

      Commercial property in a very walkable Manhattan Beach location.
      637 Manhattan Beach Blvd, 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

    FAQs

    What type of property is this?
    Restaurant - Newly constructed restaurant with upgrades and favorable lease terms.
    Where is this restaurant located?
    The property is located at 924 N Sepulveda Blvd Manhattan Beach, CA.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: Newly constructed 2nd generation restaurant with all new upgrades.; Turn‑key condition, ready for immediate operation.; Existing kitchen, hood, gas, and electric infrastructure in place.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Lorena Tomb
    Real Estate License ID: CA
    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
    924 N Sepulveda Blvd, 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!