1150 Tennyson St - Apartments FOR SALE


Manhattan Beach, CA 90266
$16,000,000 USD
213-220-9800
1150 Tennyson St, Manhattan Beach, CA for Sale
$16,000,000 USD
Apartments - FOR SALE
1/23
null | 3.6% Cap Rate

1150 Tennyson St
Manhattan Beach, CA 90266


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!

OVERVIEW

Lee & Associates Investment services Group, Inc. & Total Real Estate Company, Inc. are pleased to present for sale, The Windsor House Apartments, a rare, Manhattan Beach multifamily investment opportunity comprised of 38 spacious apartments surrounding a beautiful courtyard with a recreation room and sparkling pool. The Windsor House was 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.

FOR SALE DETAILS

PRICE

$16,000,000 USD

PRICE/SF

$372 USD /SF

# OF UNITS

39

PRICE/UNIT

$410,256

CAP RATE

3.6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Windsor House

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,741 SF

ZONING

MNRH

APN/PARCEL ID

4168-012-035

ASK ABOUT THIS PROPERTY

Mark KonopaskeLee & Associates - ISGMore Info
213-220-9800

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Mark KonopaskeLee & Associates - ISGMore Info
213-220-9800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.