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1150 Tennyson St
Manhattan Beach, CA 90266

$16,000,000 USD

Apartments For Sale • 42,966 SF

Property Details

Property Type Apartments
Total Building Size 42,966 SF
Lot Size 0.89 AC
Building Class C
Year Built 1963
Cap Rate 3.60 %
Zoning MNRH

30 Transit Score

60 Walk Score

                
                    Highlights
                
                                Manhattan Beach is regarded as one of the most desirable coastal communities in Southern California—consistently ranking among the top places to live!
                            
                                Excellent Investment Opportunity with Tremendous Value Add Potential!!!
                            
                                Outstanding Rental Location in a Landlord Friendly City!!!
                            
                                Great Unit Mix! Spacious Apartments!  Beautiful Courtyard!

Property Flyers

1150 Tennyson - Offering Memorandum - rev 3-30-2026

Financial Summary (Proforma)

Net Operating Income: $981,134 USD (2026)

Cap Rate:	3.60 %
Total Expenses:	$378,369 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Greenworld Maintenance
Renato Irribarren

Amenities

Air Conditioning
Balcony
Controlled Access
Clubhouse
Courtyard
Dishwasher
Disposal
Laundry Facilities
Pool
Property Manager on Site
Gated
Heating
Kitchen
Refrigerator
Oven
Range
Storage Space
Multi Use Room
Smoke Detector

Public Transportation

Airport	Drive	Walk	Distance
Los Angeles International	14 min	-	6.3 mi
Long Beach (Daugherty Field)	24 min	-	15.3 mi
Bob Hope	46 min	-	32.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	42
Type:	Covered
Included in Rent:	Yes

Mark Konopaske 213-220-9800 Lee & Associates - ISG

1150 Tennyson St Manhattan Beach, CA 90266