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    FOR LEASE
    Office buildings

    2005 Manhattan Beach Blvd, Redondo Beach, CA 90278

    84,932 SF 3.79 ac lot Built 1985
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US10-0404251
    Property summary
    AI-generated overview

    This exceptional office property at 2005 Manhattan Beach Boulevard in Redondo Beach, CA 90278 presents a unique opportunity. The building, a Class B property constructed in 1987 and extensively renovated in 2020, offers a total of 86,000 square feet across two stories. Currently, there are 43,223 square feet of vacant space available, ideal for a corporate headquarters or a large tenant seeking multiple suites. The minimum divisible space is 17,072 square feet, while a maximum of 43,000 contiguous square feet is available on the second floor. The property sits on a substantial 165,092 acres of land and features one elevator to serve the two-story building. Parking is ample, with a ratio of 4 spaces per 1,000 square feet. The zoning is RBI-1A, and the property is located in the desirable Beach Cities submarket of the South Bay. This presents a rare chance to secure a significant footprint in a prime location, with the potential for build-to-suit options to meet specific tenant requirements. The property's modern amenities and convenient location make it an attractive option for businesses seeking a high-quality office environment. The building is comprised of two suites in total.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1985
    Construction TILT-UP CONCRETE
    Total area 84,932 SF
    Lot 3.79 ac (165,104 SF)
    Zoning code RBI-1A
    APN 4149-008-017
    UPID US10-0404251
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Rocha Pet (Bike/Boat/Book/etc) Store Pet Store
    • Quantimetrix Corporation Industrial Manufacturer Production Facility
    • Super Junk Removel Brentwood CA Waste Management Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $13.66M
    Owner & transaction history
    2005 Manhattan Bch Blvd LLC · 8 yrs held
    2005 Manhattan Bch Blvd LLC
    since 2018
    7 recorded transactions
    2019
    2018
    2018
    2017
    2015
    2014
    2001
    Zoning & alternative use
    RBI-1A · Redondo Beach, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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