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Property profile & analytics
FOR LEASE
Investment properties
300 Manhattan Beach Blvd Manhattan Beach, CA 90266
Individually Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6224814
For Lease
1 / 4
$6 SF/Yr
300 Manhattan Beach Blvd, Manhattan Beach, CA 90266
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1986
Construction
WOOD
Total area
11,610 SF
Lot
0.12 ac (5,392 SF)
Zoning code
MNCD
APN
4179-006-001
UPID
US09-6224814
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
-
The Avenue 58 Apartments Apartment Building
-
Pace Layton L Law Firm
-
Free People Clothing & Fashion Store
-
Consigliere Advertising Agency Marketing & Advertising
-
Media X Agency Federal Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.62M
Comparable Approach
Comparable
$2.53M
Blend (final)
Blend
$3.20M
Owner & transaction history
300 Manhattan Beach Blvd Partn · 12 yrs held
300 Manhattan Beach Blvd Partn
since 2014
7 recorded transactions
Zoning & alternative use
MNCD · Manhattan Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.3M
+47.1%
Retail stores
$4.5M
+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%
$3,920,000
6.5%
$3,615,000
7%
$3,360,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,585,000
Current use
MEDICAL BUILDING
$5,280,000
Change: +47% · Conversion: Easy
RETAIL STORES
$4,450,000
Change: +24% · Conversion: Easy
WAREHOUSE, STORAGE
$3,410,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$3.20M
Range $2.88M – $3.52M · ±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
$276 / 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
$142,860
Tax year 2024
Assessed value
$12,195,242
Assessed 2024
Previous assessed
$12,195,242
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$5,891,423
Assessed improvement
$6,303,819
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
1986
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
11,610 SF
Lot
0.12 ac (5,392 SF)
Zoning code
MNCD
APN
4179-006-001
UPID
US09-6224814
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
$3.6M
MEDICAL BUILDING
Est. value
$5.3M
RETAIL STORES
Est. value
$4.5M
WAREHOUSE, STORAGE
Est. value
$3.4M
COMMERCIAL (GENERAL) Current
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
1986
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
300 Manhattan Beach Blvd Partn
Individual
Mailing address
2301 ROSECRANS AVE STE #4130, EL SEGUNDO, CA 90245-4966
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 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
Jul 9, 2014
$10,350,000
300 Manhattan Beach Blvd Partn
C3 Props LLC
Grant Deed
$7,800,000 · Rcc R/e
Apr 30, 2010
$4,950,000
C3 Props LLC
Melpat LP
Grant Deed
—
Aug 15, 1996
—
Nelpat
Neily M J Trustee,
Grant Deed
related
—
Jun 13, 1988
$1,750,000
Michael J Neily
Corporate Assura
Trustees Deed
$1,180,000 · Del Amo Savings Bank
Jun 13, 1988
$295,000
M B Inv Highland
Del
Trustees Deed
related
—
—
—
Melpat
—
Deed Of Trust
related
$1,500,000 · Banco Popular NA
—
—
Neily Trust
—
Deed Of Trust
related
$150,000 · Bushman Trust
—
—
213 Manhattan Beach Blvd Ptrs
—
Deed Of Trust
related
$20,500,000 · Miscellaneous Ins Co
—
—
Melpat
—
Deed Of Trust
related
$1,000,000 · Quaker City Bank
—
—
Melpat Limited Partnership
—
Deed Of Trust
related
$925,000 · Del Amo Savings Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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