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1762 Manhattan Beach Boulevard, Manhattan Beach, CA 90266

Commercial property · 2 recorded sales since 2015

1762 Manhattan Beach Boulevard, Manhattan Beach, CA 90266 Sold February 2020 CRMLS
$1,595,000Sold February 2020

Listing Agent: David Caskey (DRE #01198999) · Listing Office: Strand Hill Christie's Int'l · Contact: 310-374-1800 · Bought with: General NONMEMBER · CRMLS · MLS #SB17259549 · Source: CRMLS

1,704
Building Sq Ft
5,073 sqft
Lot Size
1952
Year Built
MNCL
Zoning
Commercial property
Type

About this commercial property

Large price improvement for a unique and outstanding existing property or redevelopment opportunity in Manhattan Beach on Manhattan Beach Blvd. 
 
 A rare offering of a commercially zoned property situated on a prime corner lot at the bustling gateway of affluent Manhattan Beach. Highly-visible commercial property block is an ideal development site! 
 
 Prior approved plans for mixed-use medical/residential building included in the sale. Plans offer appx. 1,872 SF of medical office space with an additional appx. 2,460 SF of residential space for a total of approximately 4,400 SF and 11 parking spaces on the ground floor. Approved plans and permits have lapsed and need to be re-approved by the city.
 
 Buyer to conduct their own investigation and due diligence with the city of Manhattan Beach
 
 Property highlights: 
 • Heavy drive-by traffic of approximately 30,000+ CPD
 • Across the street from Trader Joe’s
 • Highly-visible corner lot
 • Just under 2 miles to the beach. 
 • Currently a 1,704 SF building on a 5,000+ SF Lot (buyer to verify)
 • Nearby: Trader Joe's, The Redondo Beach Performing Arts Center, Polliwog Park, Target, Downtown Manhattan Beach
 • Close to aerospace, tech, service, finance industries, Metro Green Line & 405 Fwy 
 Any future development is subject to discretionary approval from the Manhattan Beach Planning Department

Listing description from the February 2020 sale, as reported to CRMLS.

Sale history

$1,595,000
Sold February 2020 · listed $1,599,000, orig. $1,650,000, on market November 2017 · MLS #SB17259549 · Source: CRMLS
Listing Agent: David Caskey · Listing Office: Strand Hill Christie's Int'l · Contact: 310-374-1800 · Bought with: General NONMEMBER · CRMLS
$1,450,000
Sold August 2015 · listed $1,200,000, on market June 2015 · MLS #SB15141263 · Source: CRMLS
Listing Agent: David Caskey · Listing Office: Shorewood Realtors · Contact: 310-746-5400 · Bought with: General NONMEMBER · CRMLS
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