1026 Manhattan Beach Blvd, Manhattan Beach CA 90266 Manhattan Beach For more information: Mike Rossi BRE: 01089100 Commercial Investments Cell: 310.849.9601 mrossi90266@gmail.com 2015, NW Real Estate, Inc. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty, or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other condition, prior sale, lease or financing or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
Offering Memorandum NW Real Estate Brokers Commercial Opportunity Offered at $2,299,000.00 This beautiful mid-century commercial building Offering is an exceptional opportunity to purchase and enjoy as an owner/user, passive investment, or start over and construct your own new building. The property is located on popular Manhattan Beach Blvd which experiences approximately 22,600 cars per day traveling in and out of downtown Manhattan Beach and is just west of Sepulveda Blvd. The property s two current tenants are on month to month tenancies and 2-3 units are vacant and the ground floor space is configured to easily divide the space into two separate units. The rear of the property lies a large private parking lot with direct access off Manhattan Beach Blvd with a southern exposure. Please contact the City of Manhattan Beach for information regarding zoning or any other development/use questions. 2015, NW Real Estate, Inc. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty, or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other condition, prior sale, lease or financing or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
Property Description ADDRESS: 1026 Manhattan Beach Blvd. Manhattan Beach, CA 90266 APN: 4170-026-004 BUILDING SIZE: 2,139 sf - per tax rolls 2,009 sf - taped 320 sf - taped and unpermitted LOT SIZE: 5,752 sf (50 x 114 ) YEAR BUILT: 1964 ZONING: CL Local Commercial PARKING: On-site 7 car parking lot STORIES: 2 Story with 4 to 5 units (lower level divisible) TRAFFIC COUNTS: Over 22,000 per day ADDITIONAL INFORMATION: Contact City of Manhattan Beach 310-545-5621, www.citymb.info, or Mike Rossi 2015, NW Real Estate, Inc. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty, or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other condition, prior sale, lease or financing or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
Parcel Map
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Floor Plan-1st Floor
Floor Plan- Second floor
Los Angeles County Area Overview South Bay Los Angeles, officially the City of Los Angeles, often known by its initials L.A., is a major city in California's Southern California region, approximately 342 miles (551 km) south of San Francisco. With a population of 3,792,621 as of 2010,[15] Los Angeles is the second-largest city in the United States, after New York City, and the most populous city in California. Los Angeles is known for its mediterranean climate, ethnic diversity, celebrity culture, traffic, and the film and television industry. The city is the focal point of the larger Los Angeles metropolitan area and the Greater Los Angeles Area region, which contain 13 million[16] and over 18 million people, respectively, as of 2010, making it one of the most populous metropolitan areas in the world as well as the second-largest in the United States. Los Angeles is the seat of Los Angeles County, the most populated county in the United States. The city's inhabitants are referred to as Angelenos. Nicknamed the City of Angels, Los Angeles is a global city, with strengths in business, international trade, entertainment, culture, media, fashion, science, sports, technology, education, medicine and research. It has been ranked sixth in the Global Cities Index and 9th Global Economic Power Index. The city is home to renowned institutions covering a broad range of professional and cultural fields and is one of the most substantial economic engines within the United States. The Los Angeles combined statistical area (CSA) has a gross metropolitan product (GMP) of $831 billion (as of 2008), making it the third-largest in the world, after the Greater Tokyo and New York metropolitan areas. Los Angeles includes Hollywood and leads the world in the creation of television productions, video games, and recorded music; it is also one of the leaders in motion picture production. Additionally, Los Angeles hosted the Summer Olympic Games in 1932 and 1984. The South Bay is a region of the southwest peninsula of Los Angeles County, California. The name stems from its geographic features stretching along the southern shores of Santa Monica Bay (covering the coastal regions on Los Angeles County south of LAX) which forms its western border. The picture at right uses the broadest definition of the region, including all communities south of Interstate 105 and west of Long Beach (with the exception of Compton, which is generally considered South LA). The South Bay includes: the Beach Cities (Manhattan Beach, Hermosa Beach, Redondo Beach), Torrance, the Palos Verdes Peninsula, neighborhoods of the City of Los Angeles (Harbor City, Harbor Gateway, San Pedro and Wilmington), El Segundo, inland cities of the South Bay (Hawthorne, Inglewood, Gardena, Carson, Lawndale, and Lomita) and unincorporated areas of L.A. County. [1] The region is bordered on the north by the Westside, on the northeast by South Los Angeles, on the east by the Gateway Cities, and on the southeast by Long Beach and west by the Pacific Ocean. The Harbor (I-110), San Diego (I-405), Gardena (SR 91), and Century (I-105) Freeways provide the region with its principal transportation links. The Los Angeles MTA's Blue Line (opened in 1990) is a light rail line running between Downtown Los Angeles and Downtown Long Beach. It is the first of the MTA's modern rail lines since the 1961 demise of the Pacific Electric Railway's Red Car system. The Green Line (opened in 1995, together with the Glenn Anderson Freeway), a light rail line, also serves the South Bay. It runs between Redondo Beach and Norwalk in the median of the Century Freeway (Interstate 105), providing indirect access to Los Angeles International Airport via a shuttle bus. Several ports and harbors in the South Bay provide access to Santa Catalina Island, a popular resort. In addition, Los Angeles International Airport borders El Segundo to the north in the neighborhood of Westchester, Los Angeles.