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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1419 Highland Ave Manhattan Beach, CA 90266-4751

    • Banks
    • 1,666 SF
    • 0.08 lot acres
    OFF-MARKET
    Last Sale
    Jan 21, 2020
    $2,625,000
    Value Estimations
    $2,815,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8268154
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ounce of Salt Jewelry / Jewelry Store
    • Brett Zebrowski / Real Estate Agency
    • Beth Morrissey Homes / Real Estate Agent
    • Cheap Car Rental Manhattan Beach | ClavisCar / Car Rental Agency
    • Patricia Blakemore | Homes90266 | Palm Realty Boutique / Real Estate Agency / Real Estate Agent

    Property Details for 1419 Highland Ave

    Year built
    1956
    Construction
    WOOD
    Lot size
    0.08 lot acres
    Property size
    1,666 SF
    Zone code
    MNCD
    Property type
    Banks
    APN
    4179-028-001
    APU
    4179028001

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,815,000
      ML approach
      $2,925,000

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,860,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Manhattan Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.411
    Latitude
    33.8873
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $34,185
    $2,187,291
    $683,527
    $2,870,818
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $615,000
      6,039 SF

      1212 Highland Ave

      FINANCIAL BUILDING • 6,039 SF
      1212 Highland Ave, Manhattan Beach, CA 90266-4718
      View Details
    • Value Estimation
      $405,000
      4,102 SF

      1129 Sepulveda Blvd

      FINANCIAL BUILDING • 4,102 SF
      1129 Sepulveda Blvd, Manhattan Beach, CA 90266-5956
      View Details
    • Value Estimation
      $390,000
      7,364 SF

      700 Sepulveda Blvd

      FINANCIAL BUILDING • 7,364 SF
      700 Sepulveda Blvd, Manhattan Beach, CA 90266-6914
      View Details
    • Value Estimation
      $175,000
      5,022 SF

      201 Manhattan Bch Blvd

      FINANCIAL BUILDING • 5,022 SF
      201 Manhattan Bch Blvd, Manhattan Beach, CA 90266-5314
      View Details
    • Value Estimation
      $670,000
      5,782 SF

      1727 Artesia Blvd

      FINANCIAL BUILDING • 5,782 SF
      1727 Artesia Blvd, Manhattan Beach, CA 90266-7103
      View Details
    • Value Estimation
      $640,000
      7,020 SF

      601 Sepulveda Blvd

      FINANCIAL BUILDING • 7,020 SF
      601 Sepulveda Blvd, Manhattan Beach, CA 90266-5920
      View Details

    Similar Nearby for Sale

    • $4,950,000
      8,753.00 Acres

      Manhattan Beach Development Opportunity

      Triple corner development site in the heart of Manhattan Beach.
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    • $3,642,999
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      Four-Unit Property Near the Beach

      Four units near the beach with renovation and repositioning potential.
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    • New
      $5,725,000
      Pending

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      Four-unit property with ocean views and commercial space.
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    • $5,995,000

      Prime Commercial Lot, Redevelopment Potential

      Oversized lot with redevelopment potential in high-traffic Manhattan Beach location.
      2705 N Sepulveda Blvd, Manhattan Beach, CA 90266
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    • $6,000,000
      4,800 SF

      Manhattan Beach Office Condos

      6 Luxury Offices, Ocean Views, New Construction
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    • $725,000
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      Manhattan Beach Office Condo For Sale

      Boutique office condo in the heart of Manhattan Beach.
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    Similar Nearby for Lease

    • $7 SF/Yr
      4,050 SF

      Manhattan Avenue Retail/Office Opportunity

      Retail, office, or restaurant space available near Manhattan Beach Pier.
      1201-1209 Manhattan Ave, Manhattan Beach, CA 90266
      View Details
    • $78 SF/Yr
      64,903 SF

      Manhattan Beach Retail Center

      Prime Retail Space, High Ceilings
      1800-2010 Sepulveda Blvd, Manhattan Beach, CA 90266
      View Details
    • Contact for pricing
      828 SF

      Manhattan Beach Retail Space

      Prime Hermosa Beach Retail Opportunity
      200 Longfellow Ave, Manhattan Beach, CA 90266
      View Details
    • Contact for pricing

      Retail Property in Manhattan Beach

      100% leased retail property with no current availability.
      3500 N Sepulveda Blvd, Manhattan Beach, CA 90266
      View Details
    • $6 SF/Yr
      740 SF

      Medical Office Space Available

      Second floor medical office space for rent.
      1000 N Sepulveda Blvd, Manhattan Beach, CA 90266
      View Details
    • $1,000 /Mo

      Updated Office Space Available

      Recently updated office space for rent with included utilities.
      1501 N Sepulveda Blvd, Manhattan Beach, CA 90266
      View Details
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    1419 Highland Ave
    Manhattan Beach, CA 90266-4751
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    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
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