Manhattan Beach, CA Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$5,578
Monthly Cash Flow
-$11,636
Principal + Equity
$18,400
Annual Total Gain
$81,176
Cash on Cash
-18.15%
Net ROI %
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
A
Overall
Top-level market grade
Best Suburbs to Live in California
#6out of 526 markets
Best Suburbs to Raise a Family in California
#5out of 526 markets
Best Suburbs for Young Professionals in California
#15out of 526 markets
A
Public School
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Manhattan Beach, CA.
Short Term Rental (STR) regulations in Manhattan Beach, CA are strict and heavily enforced. Here are some key points that an investor should be aware of before purchasing a property for STR:
1. Permits: In Manhattan Beach, all short term rentals must be registered with the city and have a valid permit. The city has a limited number of permits available, so it is important to check if there are any permits available before investing in a property.
2. Occupancy limits: The city has strict occupancy limits for short term rentals, with a maximum of 2 adults per bedroom plus 2 additional guests. This means that a property with 3 bedrooms can only accommodate a maximum of 8 guests.
3. Noise regulations: Manhattan Beach has strict noise regulations, especially in residential areas. Short term rental properties must adhere to quiet hours and noise restrictions to avoid complaints from neighbors.
4. Parking restrictions: The city has strict parking regulations, especially in residential areas. Short term rental properties must provide adequate parking for guests and ensure that they are not causing any parking issues for neighbors.
5. Taxation: Short term rental properties in Manhattan Beach are subject to transient occupancy tax, which is collected by the city. Investors should be aware of the tax implications of owning a short term rental property in the city.
6. Code compliance: Short term rental properties must comply with all building and safety codes in Manhattan Beach. Investors should ensure that the property meets all necessary requirements before renting it out as a short term rental.
Overall, investors should be aware of the strict regulations and limitations on short term rentals in Manhattan Beach before purchasing a property for this purpose. It is important to thoroughly research and understand the regulations in order to avoid any potential issues or fines in the future.
Market Trends Over Time
Explore 25 years of market data for Manhattan Beach, CA, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Manhattan Beach, CA.
The LTR Genie Score of Manhattan Beach, CA is 49 and STR Genie Score is 63. The LTR Rentability being low suggests that long-term rental properties may not be in high demand in this area. The STR Genie Score being higher indicates that short-term rental properties, such as Airbnb, may be more profitable in Manhattan Beach. The LTR Net ROI and STR Net ROI are relatively close, but the 1-Year Price Appreciation Forecast is slightly higher for short-term rentals.
Manhattan Beach, CA is a highly desirable coastal city known for its beautiful beaches, upscale neighborhoods, and vibrant community. The real estate market in Manhattan Beach tends to be competitive with high property values, making it an attractive location for both long-term and short-term rental investments.
Based on the metrics provided, Manhattan Beach, CA may be more attractive for short-term rental investments due to the higher STR Genie Score and forecasted price appreciation. However, real estate investors should carefully consider their investment goals, risk tolerance, and market conditions before making a decision. It may be beneficial to explore both long-term and short-term rental opportunities in Manhattan Beach to diversify your investment portfolio.
LTR Genie Score 43
$1,100,000
🛏 3 Beds🛁 2.0000 Baths🏙 1,224 sqft.🏠 CONDO
1447 Manhattan Beach Blvd APT A, Manhattan Beach, CA 90266