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Manhattan Place

Off-Market

1121 Artesia Blvd, Manhattan Beach, CA 90266

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Retail - Strip/Convenience
  • Property Size 55,606 Sqft
  • Lot Size 3.5 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1960

Location

  • City Manhattan Beach, CA
  • Neighborhood Mira Costa
  • Zip Code 90266
  • Market Los Angeles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 11 Jan, 1995
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Manhattan Beach

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Manhattan Beach Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $47.02
  • 2020 Office Vacancy Rate 4.81%
  • 2020 Office Completions (Sqft)
View more Manhattan Beach market trends

Tax

  • Property Tax in 2021-2022 $231,436
  • Market Value $20,764,039
  • Assessed Value $20,764,039

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Manhattan Place?

Manhattan Place totals 55,606 square feet.

When was this property built?

Manhattan Place was built in 1960.

When was Manhattan Place last sold?

Manhattan Place was last sold on 11 Jan, 1995.

What is the property tax for Manhattan Place?

The property tax for Manhattan Place in 2021-2022 was $231,436.

What is the market value for Manhattan Place?

The market value for Manhattan Place in 2021-2022 was $20,764,039.

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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.