A Rare Manhattan Beach Multifamily Offering
1467 Manhattan Beach Boulevard offers a genuinely scarce entry point into one of Southern California's most supply-constrained coastal markets — durable in-place income, large family-grade units, and roughly 10% mark-to-market rent upside in an irreplaceable location.
One of only a handful of multifamily assets that trade each year in built-out, high-barrier Manhattan Beach.
Density far beyond today's zoning. This legal non-conforming status is an enduring moat no developer can replicate.
A standout mix of 4BR, 3BR, and 2BR homes averaging ±1,150 SF — commanding premium rents and minimizing turnover.
Zoned for the award-winning MBUSD — Meadows Elementary and MB Middle 0.2 mi away, Mira Costa High 1.0 mi.
In-place rents trail market by ~10%, lifting the cap rate from 3.56% to a 4.17% proforma as rents mark to market.
±1.5 mi to the Pacific and the Manhattan Beach Pier, with walkable retail and a resilient aerospace job base nearby.
| Unit Type | In-Place | Market |
|---|---|---|
| 4 Bed · 2 Bath | $4,201 | $4,500 |
| 3 Bed · 2 Bath | $4,000 | $4,000 |
| 2 Bed · 1.5 Bath | $3,300 | $3,800 |
| 2 Bed · 1.5 Bath | $3,672 | $3,800 |
| 2 Bed · 1.5 Bath | $3,337 | $3,800 |
| 2 Bed · 1.5 Bath | $3,117 | $3,800 |
| Total / Month | $21,627 | $23,700 |
Proceeds move to a Qualified Intermediary to preserve the exchange.
Identify replacement property in writing within 45 days.
Close the replacement within 180 days to defer the gain.
Reach out for the full OM, rent roll, and pricing analysis — or to schedule a private tour of 1467 Manhattan Beach Blvd.
We'll send the offering memorandum and confidentiality agreement to your inbox.