1230 Rosecrans AveManhattan Beach, CA 90266

Property Details for 1230 Rosecrans Ave

Year built

1984

Construction

STEEL FRAME

Lot size

5.13 AC

Property size (Sq ft)

319,589 SF

Zone code

MNPD

Property type

Office properties

Property subtype

Office buildings

APN

4138-018-021

APU

4138018021

Description

Manhattan Beach Towers offers 99,827 square feet of executive office space in a prime Los Angeles County location at 1230 & 1240 Rosecrans Ave, Manhattan Beach, CA 90266. This multi-tenant building provides flexible options, with spaces ranging from a minimum of 1,565 square feet to a maximum contiguous space of 27,095 square feet. Currently, the entire 99,827 square feet is vacant and available for lease. The building's convenient location at the entry point of the Beach Cities community offers employees easy access to dining, shopping, and fitness studios. Enjoy the nearby beach and on-site amenities. The modern building and its amenities make it an ideal location for businesses seeking to attract and retain top talent. This exceptional property presents a unique opportunity to establish a thriving business in a highly desirable coastal setting. The address is conveniently located in Los Angeles County, offering easy access to major transportation routes and other key business areas. The building is designed to foster a productive and enjoyable work environment, combining professional functionality with a vibrant coastal lifestyle. This is an unparalleled opportunity to secure a significant presence in the thriving Manhattan Beach market.

• CAP approach

  CAP return

  Valuation

  6%

  $94,955,520

  6.5%

  $87,651,248

  7%

  $81,390,440

• Comparable approach

  Method

  Valuation

  Relative Method

  $77,104,040

  Geo Method

  $77,104,040

• Alternative Use

  Use

  Valuation

  Residential

  $108,687,544

  Hospitality

  $99,557,208

  Educational

  $82,830,424

  Medical

  $85,679,096

  Retail

  $128,847,328

Location Insight

City

Manhattan Beach

County

Los Angeles

State

California

Latitude

33.9012

Longitude

-118.392

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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