Manhattan Beach is the South Bay’s most premium beach-city market, and selling multifamily here is a specialized exercise. Kevin Kawaoka, CCIM, of Bluechip Investment Group brings the precision these high-value transactions demand.

The Manhattan Beach apartment market

With some of the highest land values in Southern California and a limited supply of apartment buildings, Manhattan Beach trades at premium per-unit pricing and the region’s most compressed cap rates. Value here is dominated by location, lot, and redevelopment potential — income is often secondary to the dirt. That makes accurate, defensible pricing essential, and it’s exactly the kind of underwriting we do.

Rent regulation in Manhattan Beach

Manhattan Beach has no local rent-control ordinance; apartments follow California’s AB 1482 only. (Confirmed per property at listing.)

Selling your Manhattan Beach building with Bluechip

Kevin + Team leads every step, backed by NAI Capital + NAI Global’s reach, reaching the high-net-worth investors, owner-users, and 1031 buyers active in this market. See some select South Bay deals documented on the Success Stories page.

Request a free valuation → or call (310) 744-6591.

Frequently Asked Questions

Does Manhattan Beach have rent control?
No local ordinance — only AB 1482.

Why are Manhattan Beach cap rates so low?
Premium land value and scarcity mean buyers pay for location and long-term upside.

How do you value a Manhattan Beach building?
By weighing land value, redevelopment potential, scarcity, and comparable sales alongside income.

Related: South Bay overview · Hermosa Beach · El Segundo