New search
Property profile & analytics
FOR LEASE
Investment properties
213 Manhattan Beach Blvd Manhattan Beach, CA 90266
Individually Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8203949
For Lease
1 / 4
$1,745,000
213 Manhattan Beach Blvd, Manhattan Beach, CA 90266
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2016
Construction
WOOD
Total area
5,734 SF
Lot
0.12 ac (5,384 SF)
Zoning code
MNCD
APN
4179-021-005
UPID
US09-8203949
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.79M
Comparable Approach
Comparable
$1.50M
Blend (final)
Blend
$1.75M
Owner & transaction history
213 Manhattan Beach Blvd Ptrs · 13 yrs held
213 Manhattan Beach Blvd Ptrs
since 2013
7 recorded transactions
Zoning & alternative use
MNCD · Manhattan Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.7M
+49.7%
Medical building
$2.6M
+47.1%
Retail stores
$2.2M
+24.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Manhattan Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manhattan Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,935,000
6.5%
$1,785,000
7%
$1,660,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,770,000
Current use
AUTO REPAIR, GARAGE
$2,650,000
Change: +50% · Conversion: Difficult
MEDICAL BUILDING
$2,605,000
Change: +47% · Conversion: Easy
RETAIL STORES
$2,200,000
Change: +24% · Conversion: Easy
WAREHOUSE, STORAGE
$1,685,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$1.75M
Range $1.57M – $1.92M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$304 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$84,228
Tax year 2024
Assessed value
$7,217,758
Assessed 2024
Previous assessed
$7,217,758
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$6,009,131
Assessed improvement
$1,208,627
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
2016
Construction
WOOD
Heating
NONE
Stories
1
Bathrooms
2
Total area
5,734 SF
Lot
0.12 ac (5,384 SF)
Zoning code
MNCD
APN
4179-021-005
UPID
US09-8203949
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MNCD · Manhattan Beach, CA
Zoning MNCD · permitted uses
MNCD · Manhattan Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Manhattan Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.6M
RETAIL STORES
Est. value
$2.2M
WAREHOUSE, STORAGE
Est. value
$1.7M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Construction
WOOD
Heating
NONE
Stories
1
Bathrooms
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
213 Manhattan Beach Blvd Ptrs
Individual
Mailing address
2301 ROSECRANS AVE STE #4130, EL SEGUNDO, CA 90245-4966
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2021
—
Manhattan Beach Blvd Partners LLC
—
Deed
related
$25,000,000 · Bank Of America NA
Jul 1, 2016
—
213 Manhattan Beach Blvd Ptrs
—
Deed
related
$20,500,000 · Miscellaneous Ins Co
Mar 27, 2015
—
213 Manhattan Beach Blvd Partn
—
Trustees Deed
related
$10,000,000 · Latitude Management Real Estat
Nov 13, 2013
—
213 Manhattan Blvd Ptrs LLC
—
Trustees Deed
related
$4,855,000 · First Republic Bank
Jul 2, 2013
$5,000,000
213 Manhattan Beach Blvd Ptrs
Vukmanic LLC
Grant Deed
—
Jan 5, 2010
—
Vukmanic LLC
Vukmanic P J Living Trust
Quit Claim Deed
related
—
Dec 7, 2009
—
Vukmanic Paula J Living Trust
Bacinski,paula J
Quit Claim Deed
related
—
Aug 23, 2007
—
Vukmanic LLC
Vukmanic W F Intervivos Trust
Quit Claim Deed
—
Jun 7, 2007
—
Vukmanic William F Tr
Vukmanic,mary R
Affidavit Of Death
related
—
Jun 9, 2003
—
Paula L Bacinski
Vukmanic,mary R
Quit Claim Deed
related
—
Jan 7, 1997
—
Vukmanic Frank W
Vukmanic,f W & M R
Quit Claim Deed
related
—
—
—
Vukmanic LLC
—
Deed Of Trust
related
$280,000 · Bank Of Manhattan
—
—
213 Manhattan Beach Blvd Ptrs
—
Deed Of Trust
related
$20,500,000 · Miscellaneous Ins Co
—
—
213 Manhattan Beach Blvd Partn
—
Deed Of Trust
related
$630,000 · Mary J Kerr
—
—
Vukmanic LLC
—
Deed Of Trust
related
$200,000 · Bank Of Manhattan
—
—
Frank W Vukmanic
—
Deed Of Trust
related
$160,000 · Individual
Jul 18, 1967
$100,000
—
—
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
