Property profile

1500 Rosecrans Ave Manhattan Beach, CA 90266

FOR LEASE
Office buildings
Property ID
US09-6898378
123,325 SF 4.8 ac lot Built 1982
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1982
Construction STEEL FRAME
Total area 123,325 SF
Lot 4.8 ac (208,871 SF)
Zoning code MBCPD*
APN 4138-018-045
UPID US09-6898378

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Accounting Firm Tax Preparation
  • Law Firm Child Welfare Organization
  • Charitable Organization Social Service Agency
  • Medical Clinic
  • Law Firm

Location

1500 Rosecrans Ave Manhattan Beach, CA 90266
Manhattan Beach metro Census 620400 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$63.47M
Blend (final) Blend
$67.83M

Owner & transaction history

since 2025
Last sale
$70.0M
7 recorded transactions
2025
$70.0M
2023
Price N/A
2008
Price N/A
2000
$17.1M
1996
$12.6M
1989
$21.1M
1969
Price N/A

Zoning & alternative use

MBCPD* · Manhattan Beach, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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