1300 Highland Avenue 108, Manhattan Beach, CA 90266

About this commercial property

1300 Highland Shops & Work Lofts NEW PRICE with a current 4.15% cap rate. PRIME West facing retail unit #108 (Tenant is Puremans) in the 1300 Highland Shops & Work Lofts which is an extraordinary mixed-use complex that seamlessly blends together work and pleasure and is ideally situated among a vibrant community of forward-thinking businesses. This inspired development was artfully designed in 2009 by master architects to maximize ocean breezes and natural light. Located in the heart of downtown Manhattan Beach, the complex is just steps from the sparkling Pacific, numerous award-winning restaurants, and year-round community events. The exposed steel structure, bleached cedar cladding and individual private balconies and patios, echo the community’s modern beach homes, while its 10,000 square-foot basement with spa locker rooms, steam showers, and private storage helps you mix more play into your work day. Arrive without the hassle of street parking via an underground garage. The South Bay is the southern Silicon Beach, packed with VCs, technology startups and creatives, as well as a healthy mixture of aerospace, retail and traditional professional services.

Listing description from the May 2023 sale, as reported to CRMLS.

Sale history

$600,000

Sold May 2023 · listed $650,000, orig. $725,000, on market January 2023 · MLS #SB23014219 · Source: CRMLS

Listing Agent: Michael Rossi · Listing Office: Strand Hill Properties · Contact: 310-849-9601 · Bought with: Joon Kim · Joon Kim

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