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939 Manhattan Beach Blvd 2,840 SF Retail Building Manhattan Beach, CA 90266 $3,200,000 ($1,126.76/SF) 2.15% Cap Rate




INVESTMENT HIGHLIGHTS
- Prime Manhattan Beach Location with frontage on Manhattan Beach Blvd, minutes from the Manhattan Beach Pier
- Ideal Owner-User to occupy the entire building, lease back a portion or as a Leased Investment Property
- Tax assessor building square footage has a larger building area than 2,840 square feet
- Unique Mixed-Use Building with retail, office and residential uses currently - CL Zoning allows broad uses (residential use not permitted now)
- Tenants are on a month-to-month basis providing an opportunity for new owner to renew existing tenant leases or reconfigure the space, or redevelop
EXECUTIVE SUMMARY
Just minutes from the iconic Manhattan Beach Pier, this mixed-use gem offers unmatched visibility and potential on high-traffic Manhattan Beach Boulevard. Set within the CL zoning district which allows a wide range of uses, the property currently features a rare blend of retail and warehouse/garage that has a residential loft,—providing a versatile platform for owner-users, investors. (Note: the residential loft area is approximately 400 square feet is not permitted for residential uses, and should be used for storage, as it is in the garage/warehouse.)
The entire building is currently occupied on a month-to-month basis by one tenant, and the owners operating the ground floor business. The property can be delivered vacant at the close of escrow, giving a new owner the freedom to occupy the property, procure new tenants, reconfigure the interior layout, or fully reposition the asset for office and a variety of business uses. Whether you're looking to occupy the space, lease back a portion, or redevelop, this is a blank canvas in one of the most sought-after beach cities in Southern California.
With tax records reflecting a larger building area than the stated 2,840 rentable square feet (seller does not warranty or represent the square footage, but the assessor records indicate 3,428 square feet). There's even more potential to unlock value in this premier property.
Don't miss your chance to secure a standout investment in Manhattan Beach’s thriving commercial corridor.
The entire building is currently occupied on a month-to-month basis by one tenant, and the owners operating the ground floor business. The property can be delivered vacant at the close of escrow, giving a new owner the freedom to occupy the property, procure new tenants, reconfigure the interior layout, or fully reposition the asset for office and a variety of business uses. Whether you're looking to occupy the space, lease back a portion, or redevelop, this is a blank canvas in one of the most sought-after beach cities in Southern California.
With tax records reflecting a larger building area than the stated 2,840 rentable square feet (seller does not warranty or represent the square footage, but the assessor records indicate 3,428 square feet). There's even more potential to unlock value in this premier property.
Don't miss your chance to secure a standout investment in Manhattan Beach’s thriving commercial corridor.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
---|---|---|
Gross Rental Income |
$126,000
![]() |
$37.92
![]() |
Other Income |
-
![]() |
-
![]() |
Vacancy Loss |
-
![]() |
-
![]() |
Effective Gross Income |
$126,000
![]() |
$37.92
![]() |
Taxes |
$35,680
![]() |
$10.74
![]() |
Operating Expenses |
$21,406
![]() |
$6.44
![]() |
Total Expenses |
$57,086
![]() |
$17.18
![]() |
Net Operating Income |
$68,914
![]() |
$20.74
![]() |
FINANCIAL SUMMARY (ACTUAL - 2025)
Gross Rental Income | |
---|---|
Annual | $126,000 |
Annual Per SF | $37.92 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $126,000 |
Annual Per SF | $37.92 |
Taxes | |
---|---|
Annual | $35,680 |
Annual Per SF | $10.74 |
Operating Expenses | |
---|---|
Annual | $21,406 |
Annual Per SF | $6.44 |
Total Expenses | |
---|---|
Annual | $57,086 |
Annual Per SF | $17.18 |
Net Operating Income | |
---|---|
Annual | $68,914 |
Annual Per SF | $20.74 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,840 SF
Building Class
C
Year Built
1958
Price
$3,200,000
Price Per SF
$1,126.76
Cap Rate
2.15%
NOI
$68,914
Tenancy
Single
Building Height
2 Stories
Building FAR
0.68
Lot Size
0.10 AC
Zoning
MNCL - Allows a wide range of uses, the property currently features a rare blend of retail and warehouse/garag
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Six Degrees Salon + Spa
- Services
- -
- -
- -
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
Six Degrees Salon + Spa | Services | - | - | - |
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS










PROPERTY TAXES
Parcel Number | 4170-010-014 | Total Assessment | $1,420,550 |
Land Assessment | $1,183,794 | Annual Taxes | $35,680 ($12.56/SF) |
Improvements Assessment | $236,756 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
4170-010-014
Land Assessment
$1,183,794
Improvements Assessment
$236,756
Total Assessment
$1,420,550
Annual Taxes
$35,680 ($12.56/SF)
Tax Year
2025
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939 Manhattan Beach Blvd
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