Homes for sale - 947 Manhattan Beach Blvd BLVD, Manhattan Beach, CA...

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$4,950,000

Est. payment - /mo

8,751 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26000572

HOA Y/N No

Year Built 1967

Lot Size 8,751 Sqft

Lot Dimensions Assessor

Property Sub-Type Office

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 commercial use. Subject to buyer verification and City of Manhattan Beach approval.

The property currently consists of five units with long term tenants, in a combination of retail and office space, offering excellent visibility and access. This prime coastal location is comprised of 943 & 947 Manhattan Beach Blvd. and 1137 Pine Ave.

Please!!! Do not walk the property or disturb the tenants who are running their business daily

Location

State CA

County Los Angeles

Area 143 - Manhattan Bch Tree

Zoning MNCL

Interior

Fireplace No

Laundry None

Exterior

Fence None

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected

Total Parking Spaces 14

Building

Lot Description Corner Lot, Garden, Landscaped, Rectangular Lot, Street Level

Story 1

Water Public

Others

Tax ID 4170010017

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard, Trust

Read Less Info

Listed by Jonathan Coleman Beach City Brokers 310-991-0929

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES

Elementary Schools 20

10

Grand View Elementary School

Public | KG - 5
10

Center Street Elementary School

Public | KG - 5
10

Hermosa View Elementary School

Public | KG - 2
9

Richmond Street Elementary School

Public | KG - 5
9

Robinson Elementary School

Public | KG - 5
9

Pacific Elementary School

Public | KG - 5
9

Hermosa Valley Elementary School

Public | 3 - 8
9

Meadows Elementary School

Public | KG - 5
9

Pennekamp Elementary School

Public | KG - 5
9

Beryl Heights Elementary School

Public | KG - 5
9

Jefferson Elementary School

Public | KG - 5
9

Da Vinci Innovation Academy

Public | KG - 8
9

Towers Elementary School

Public | KG - 5
9

Lincoln Elementary School

Public | KG - 5
8

Birney Elementary School

Public | KG - 5
8

Madison Elementary School

Public | KG - 5
8

Victor Elementary School

Public | KG - 5
8

Washington Elementary School

Public | KG - 5
7

Peter Burnett Elementary School

Public | 3 - 5
7

Juan de Anza Elementary School

Public | KG - 5

Middle Schools 10

10

Manhattan Beach Middle School

Public | 6 - 8
9

El Segundo Middle School

Public | 6 - 8
9

Parras Middle School

Public | 6 - 8
9

Richard Henry Dana Middle School

Public | 6 - 8
9

Adams Middle School

Public | 6 - 8
8

Bert Lynn Middle School

Public | 6 - 8
6

Jane Addams Middle School

Public | 6 - 8
0

Fusion Academy South Bay

Private | 6 - 12
0

Redondo Beach Learning Academy

Public | 8 - 12
0

Hawthorne Academy

Private | 7 - 12

High Schools 16

10

El Segundo High School

Public | 9 - 12
10

Mira Costa High School

Public | 9 - 12
10

Hawthorne Math and Science Academy

Public | 9 - 12
9

Redondo Union High School

Public | 9 - 12
9

Da Vinci Science

Public | 9 - 12
9

West High School

Public | 9 - 12
7

Da Vinci Design

Public | 9 - 12
6

Environmental Charter High School

Public | 9 - 12
5

Lawndale High School

Public | 9 - 12
4

Arena High (Continuation)

Public | 9 - 12
2

Hawthorne High School

Public | 9 - 12
1

Centinela Valley Independent Study

Public | 9 - 12
0

Vistamar School

Private | 9 - 12
0

Redondo Shores High (Continuation)

Public | 9 - 12
0

Family First Charter

Public | 9 - 12
0

R. K. Lloyde High School

Public | 9 - 12

School and business data provided by Attom Data.

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