Listing banner image
  • Size
    120,000 SFSize
  • Year Built
    1988Year Built
  • Asking Price
    $55,000,000Asking Price

Description

Boutique coastal hotel, collaborative listing between two brokerages, strong RevPAR metrics.

Documents

Offering Summary

  • Asking Price
    $55,000,000
  • Price PSF
    $183
  • Property Type
    Hospitality
  • Size
    120,000 SF

Sale Details

  • T12 Cap Rate
    6.20%

Documents

Property Address

1600 N Sepulveda Blvd
Manhattan Beach, CA 90266

Property Details

  • Property Type
    Office
  • Square Feet
    120,000 SF
  • Year Built
    1988
  • Year Renovated
    2017
  • Stories
    6
  • Parking Ratio
    2.0
  • Total Parking
    240

Property Details

  • Property Type
    Office
  • Square Feet
    120,000 SF
  • Year Built
    1988
  • Year Renovated
    2017
  • Stories
    6
  • Parking Ratio
    2.0
  • Total Parking
    240

Deal Team

Sarah Chen profile image
Sarah Chen
Senior VP, Office Investment Sales Senior VP, Office Investment Sales
Jennifer Walsh profile image
Jennifer Walsh
Director, Healthcare Advisory Director, Healthcare Advisory
David Park profile image
David Park
Associate, Investment Sales Associate, Investment Sales

Description

Boutique coastal hotel, collaborative listing between two brokerages, strong RevPAR metrics.

Documents

Offering Summary

  • Asking Price
    $55,000,000
  • Price PSF
    $183
  • Property Type
    Hospitality
  • Size
    120,000 SF

Sale Details

  • T12 Cap Rate
    6.20%

Documents

Property Address

1600 N Sepulveda Blvd
Manhattan Beach, CA 90266

Property Details

  • Property Type
    Office
  • Square Feet
    120,000 SF
  • Year Built
    1988
  • Year Renovated
    2017
  • Stories
    6
  • Parking Ratio
    2.0
  • Total Parking
    240

Property Details

  • Property Type
    Office
  • Square Feet
    120,000 SF
  • Year Built
    1988
  • Year Renovated
    2017
  • Stories
    6
  • Parking Ratio
    2.0
  • Total Parking
    240

Deal Team

Sarah Chen profile image
Sarah Chen
Senior VP, Office Investment Sales Senior VP, Office Investment Sales
Jennifer Walsh profile image
Jennifer Walsh
Director, Healthcare Advisory Director, Healthcare Advisory
David Park profile image
David Park
Associate, Investment Sales Associate, Investment Sales
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