1500 Rosecrans AveManhattan Beach, CA 90266

Property Details for 1500 Rosecrans Ave

Year built

1982

Construction

STEEL FRAME

Lot size

4.80 AC

Property size (Sq ft)

123,325 SF

Zone code

MBCPD*

Property type

Office properties

Property subtype

Office buildings

APN

4138-018-045

APU

4138018045

Description

Continental Park offers luxurious executive office suites in the desirable Rosecrans Corridor Business District of Manhattan Beach. This prime location is ideally situated between the Pacific Coast Highway (Highway 1) and the 405 Freeway, making it a commuter's paradise. The building boasts a total of 9,472 square feet, encompassing ten individual suites, perfect for individuals or teams. Currently, 1,784 square feet of space is available, with individual suites ranging from a minimum of 135 square feet to a maximum contiguous space of 215 square feet. The property caters to various needs, offering furnished or unfurnished options, high-speed internet, telephone answering services, and mail collection. Well-appointed meeting rooms are available for hourly, daily, or longer-term rentals, providing a professional setting for client meetings or internal collaborations. Onsite administrative support is also available, adding convenience and efficiency. A fully equipped kitchen is provided for tenant use. Daily janitorial services ensure a clean and well-maintained environment. This is an exceptional opportunity to establish a strong business presence in a thriving South Bay location, within easy reach of major transportation arteries. The building's flexible lease terms allow for scalability, accommodating businesses of all sizes and growth trajectories.

• CAP approach

  CAP return

  Valuation

  6%

  $36,642,028

  6.5%

  $33,823,412

  7%

  $31,407,452

• Comparable approach

  Method

  Valuation

  Relative Method

  $29,753,390

  Geo Method

  $29,753,390

• Alternative Use

  Use

  Valuation

  Residential

  $41,941,028

  Hospitality

  $38,417,756

  Educational

  $31,963,122

  Medical

  $33,062,384

  Retail

  $49,720,412

Location Insight

City

Manhattan Beach

County

Los Angeles

State

California

Latitude

33.9012

Longitude

-118.388

CBSA code

31080

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.