947 Manhattan Beach Blvd Boulevard, Manhattan Beach, CA 90266

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Sean Beattie

sean@brivio.com +1(415) 716-7190

Listed by Jonathan Coleman • Beach City Brokers

$4,950,000

Est. payment - /mo

3,768 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,768 sqft

Price per Sqft $1,313

MLS Listing ID CRSB26000572

HOA Y/N No

Year Built 1967

Lot Size 8,753 Sqft

Property Sub-Type Office

Source Datashare California Regional

Property Description

Special opportunity in the heart of Manhattan Beach. This is a triple corner development site offering 8,753 sq. ft. with approximately 79 feet of frontage and 107 feet of depth. Like going back in time, reminiscent of vintage Old Hollywood boutique-style offices and retail spaces, there are two one story buildings positioned on either side of a lush central garden courtyard, with a 13-car parking lot located at the rear. There are two lots fronting Manhattan Beach Blvd to the corner, which have the two buildings and the garden area and a third lot off of Pine Ave which is the large parking lot which runs behind the two buildings. The property is commercially zoned and located within a City of Manhattan Beach overlay district that permits residential development, so it presents a compelling redevelopment opportunity. One potential configuration includes a single-family residence on the rear Pine Avenue lot, with four townhomes on the two Manhattan Beach Boulevard front lots, According to City guidelines the city told me that condominium development may only require approximately 850 sq. ft. of land per unit, so if the parcels were merged, a higher-density 10-unit condominium project may be possible. Additional development alternatives may include mixed-use projects or continued c

Location

State CA

County Los Angeles

Interior

Fireplace No

Building

Water Public

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Sean Beattie

+1(415) 716-7190

Broker Associate | CA DRE# 01304100

Broker Associate CA DRE# 01304100

947 Manhattan Beach Blvd Boulevard Manhattan Beach, CA 90266

Sean Beattie

Key Details

Location

Interior

Building

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