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    1716 Manhattan Beach Blvd Manhattan Beach, CA 90266
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    Property profile & analytics

    1716 Manhattan Beach Blvd, Manhattan Beach, CA 90266

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    • Office buildings
    • 1,580 SF
    • 0.12 lot acres
    For Lease
    $1,100/Mo
    View Listing →
    Manhattan Beach Second Floor Office For Lease
    $1,100/Mo
    1,580 SF

    Manhattan Beach Second Floor Office

    Two-room office space in Manhattan Beach, move-in ready.

    1716 Manhattan Beach Boulevard, Manhattan Beach, CA 90266
    View Listing
    Property ID
    US09-6355599
    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.
    Value Estimations
    $785,000
    Cap Rate Potential
    4.6%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Christian Therapist | Manhattan Beach, CA / Marriage Or Relationship Counselor
    • South Resto / Restaurant
    • Allison Cynara Conroy MFT / Counselor
    • FBC Realty Group / Real Estate Agency
    • Jacqueline Roberts, Realtor / Real Estate Agency

    Property Details for 1716 Manhattan Beach Blvd

    Year built
    1955
    Construction
    WOOD
    Lot size
    0.12 lot acres
    Zone code
    MNCL
    Property type
    Office buildings
    APN
    4164-016-010
    APU
    4164016010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 22, 2021 — 1716 Manhattan Beach Boulevard LLC Jeremiah M Carew Quit Claim Deed · related —
    Feb 26, 2020 — Jeremiah M Carew Jeremiah M Carew Intrafamily Transfer · related $902k · Wells Fargo Bank NA
    Oct 29, 2012 $775,000 Jeremiah M Carew Ronald W Koch Grant Deed $659k · Wells Fargo Bank NA
    Sep 24, 2004 $745,000 Koch Ronald W & Rita J Trust Krienke C & O Trust Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $800,000
      ML approach
      $785,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $615,000
      6.5%
      $565,000
      7%
      $525,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $471,000
      Market price range: $94.7k - $1.64M

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

    Location Insight

    • Map
    • Local Demand
    City
    Manhattan Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.382
    Latitude
    33.8871
    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
    $11,366
    $845,093
    $90,540
    $935,633
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $22,100,000
      52,604 SF

      300 Sepulveda Blvd

      OFFICE BUILDING
      300 Sepulveda Blvd, Manhattan Beach, CA 90266
      View Details
    • Value Estimation
      $1,170,000
      3,950 SF

      800 Manhattan Bch Blvd

      OFFICE BUILDING
      800 Manhattan Bch Blvd, Manhattan Beach, CA 90266-4951
      View Details
    • Value Estimation
      $1,085,000
      3,256 SF

      920 Manhattan Bch Blvd

      OFFICE BUILDING
      920 Manhattan Bch Blvd, Manhattan Beach, CA 90266-5101
      View Details
    • Value Estimation
      $8,540,000
      32,287 SF

      1700 Rosecrans Ave

      OFFICE BUILDING
      1700 Rosecrans Ave, Manhattan Beach, CA 90266-3705
      View Details
    • Value Estimation
      $1,325,000
      2,736 SF

      317 Rosecrans Ave

      OFFICE BUILDING
      317 Rosecrans Ave, Manhattan Beach, CA 90266-3241
      View Details
    • Value Estimation
      $2,350,000
      8,626 SF

      321 12th St

      OFFICE BUILDING
      321 12th St, Manhattan Beach, CA 90266-5306
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Split-level office building in downtown Manhattan Beach with ocean views.
      1104 Highland Ave, Manhattan Beach, CA 90266
      View Details
    • $725,000
      300 SF

      Manhattan Beach Office Condo For Sale

      Boutique office condo in the heart of Manhattan Beach.
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      Creative Office Space For Sale

      Creative office space featuring natural light, high ceilings, and parking.
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      4,800 SF

      New Hermosa Beach Office Condos

      New construction office condos in Hermosa Beach with ocean views.
      824 1St St, Manhattan Beach, CA 90266
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    • Contact for pricing
      1,162 SF

      Manhattan Beach Condo For Sale

      Condo in a three-story building available for purchase.
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    Similar Nearby for Lease

    • $4 SF/Yr

      Office Space Near Beach Cities

      Office space with amenities near Manhattan Village and The Point.
      1230 Rosecrans Ave, Manhattan Beach, CA 90266
      View Details
    • Contact for pricing
      740 SF

      Medical Office Space Available

      Second floor medical office space for rent.
      1000 N Sepulveda Blvd, Manhattan Beach, CA 90266
      View Details
    • Contact for pricing

      Office Space For Rent

      Office space available for rent in Manhattan Beach, CA.
      213 Manhattan Beach Blvd, Manhattan Beach, CA 90266
      View Details
    • Contact for pricing

      Highland Avenue Retail/Office Space

      New development near Manhattan Beach Pier with rooftop terrace.
      1212 Highland Ave, Manhattan Beach, CA 90266
      View Details
    • Contact for pricing
      472 SF

      Manhattan Beach Office Space Available

      Office space for rent in Manhattan Beach, CA.
      1020 Manhattan Beach Blvd, Manhattan Beach, CA 90266
      View Details
    • Contact for pricing
      1,100 SF

      Manhattan Beach Office Space Available

      Second floor office space for rent in Manhattan Beach.
      232 Manhattan Beach Blvd, Manhattan Beach, CA 90266
      View Details
    View Listing
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    Manhattan Beach, CA 90266
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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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