Current Use by Public Records
- Office Spaces
Property Details for 824 1St St
- Year built
- 1979
- Property type
- Office Spaces
- Property subtype
- Office Units
Description
Exceptional opportunity to acquire six brand-new, luxury office condos in the highly desirable Manhattan Beach, California. This newly constructed (2022 renovation, completion expected by year-end) development offers a rare combination of prime location, stunning ocean views, and modern amenities. The property, located at 824 1st Street, boasts a total of 4,800 square feet across a two-story building on a 5,544 square foot lot. Each of the six units ranges from 500 to 800 square feet, featuring private bathrooms, high ceilings, and private western-facing decks. A direct spiral staircase provides access to shared ocean-view rooftop decks. Additional features include abundant natural light, a secured building with 24-hour access, an elevator, and on-site secured parking with ADA accessibility. The property is situated in a highly visible location with significant signage and branding opportunities, making it ideal for businesses seeking high visibility and a prestigious address. This Class B building is zoned for commercial office use and is currently vacant, presenting a unique redevelopment opportunity in the South Bay Innovation Hub, just minutes from the Pacific Coast Highway and major freeways (405, 105, and 91), and only 15 minutes from LAX. The asking price is $6,000,000 ($1,250 per square foot), with a NNN lease type. The property's APN is 4186031102.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Manhattan Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.39
- Latitude
- 33.8556
