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31371976
31371977

1150 Tennyson St, Manhattan Beach, CA 90266

MK
CA 00960857
Lee & Associates Los Angeles - Investment Services Group, Inc
Listed by Lee & Associates Los Angeles - Investment Services Group, Inc
$16,000,000
70 days on market
Updated 70 days ago

The Windsor House Apartments

Details
APN 4168-012-035
Property Type Multifamily
Sub Type Apartment Building
Square Footage 31,322
Units 38
Occupancy 57.9%
Pro-Forma Cap Rate 3.64%
Pro-Forma NOI $581,615
Price per SqFt $511
Broker Co-Op Yes
Class B
Year Built 1963
Buildings 1
Stories 2
Lot Size (SqFt) 38,741
Zoning MNRH
Parking Spaces 42 spaces
Parking Per SqFt 1.34
Ownership Limited Partnership

Multifamily | 38 Units | $421,053/unit

Marketing description

Lee & Associates Investment services Group, Inc. & Total Real Estate Company, Inc. are pleased to present for sale, The Windsor House Apartments, a rare, "Value Add", Manhattan Beach multifamily investment opportunity comprised of 38 spacious apartments, constructed in 1963, with an outstanding unit mix of 3 Three Bedroom/Two Bath units (appx 1100sf), 17 Two Bedroom/1 - 1.5 Bath units (appx 925sf) and 18 One Bedroom/One Bathroom units (appx 675sf).

Manhattan Beach, California, is widely regarded as one of the most desirable coastal communities in Southern California (and often ranks among the top places to live in the U.S.) due to its perfect blend of beachfront lifestyle, upscale amenities, family-friendly environment, and convenient proximity to Los Angeles.

Here's what makes it so appealing:

  • Stunning beaches and ocean access — It features wide, pristine sandy beaches, the iconic Manhattan Beach Pier (with its Roundhouse Aquarium), consistent waves for surfing, and beach volleyball courts. Daily life often revolves around the ocean — walking the strand, biking along the coast, or simply enjoying sunsets.
  • Ideal weather — Near-perfect year-round mild climate (think highs rarely above 80°F and lows around 70°F), with that classic Southern California sunshine and ocean breeze.
  • Excellent schools and family appeal — Manhattan Beach Unified School District consistently ranks among the best in California (and often nationally), making it a top choice for families raising kids. Low crime rates add to the safe, community-oriented vibe.
  • Vibrant yet laid-back downtown / village area — A walkable hub with boutique shops, high-end restaurants, cafes, and a "flip-flop luxury" feel — designer casual meets small-town charm. It's lively without feeling overcrowded.
  • Luxury homes and strong real estate — Many properties offer ocean views or direct beach access, with modern, high-end architecture. The area has maintained strong property value appreciation, attracting affluent professionals, entrepreneurs, and retirees.
  • Prime location — Just 20 miles from downtown LA, with easier freeway access, proximity to LAX airport, and quick escapes to other South Bay spots or the city for work, entertainment, sports, or culture — without the constant urban grind, traffic congestion, or smog of central LA.

Overall, it delivers that coveted "best of both worlds", serene coastal living with big-city opportunities nearby. It's especially popular with high-achieving families and those prioritizing an active, outdoor-oriented, high-quality lifestyle. Of course, the high cost of housing and living is the main trade-off, but for many, the perks make it worth it.

Investment highlights

  • Excellent "Value Add" Investment Opportunity!!!
  • Outstanding Beach City Location!!!
  • Excellent Unit Mix - Spacious Apartments!!!
  • Landlord Friendly City!!!

Listing Contacts

MK
CA 00960857
Lee & Associates Los Angeles - Investment Services Group, Inc
Listed by Lee & Associates Los Angeles - Investment Services Group, Inc

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