King Harbor Marina

What King Harbor Marina does

King Harbor Marina is a privately held, mixed-use waterfront property in Redondo Beach, California, operating under the legal entity King Harbor Island Corporation and currently owned by Majestic KHM LLC, which is managed by GGE Management. The company leases three integrated product lines from a single 36-acre leasehold: an 825-slip marina accommodating vessels up to 83 feet (with no liveaboards permitted), a 49-unit oceanfront apartment building offering studios, one-bedroom, and two-bedroom units, and commercial office space ranging from 200 to 4,000 square feet, often with ocean or marina views. It self-identifies as the largest privately owned marina in the corridor from Marina Del Rey to Newport Beach and has held the Clean California Marina designation for environmental compliance.

The property was dedicated on November 19, 1966, after a decades-long effort that combined Federal financing for the breakwater with private investment in docks, utilities, and buildings. Underlying physical infrastructure includes a federally-financed breakwater, dock bulkheads, utilities, storage lockers, fuel dock, free pump-out station, and amenities such as heated pool, Jacuzzi, and on-site fitness center access. Tenant-facing technology is limited to a website (kingharbor.com) with availability listings, virtual tours, rental inquiry forms, credit applications, and waiting list agreements, supplemented by Facebook, Twitter, and YouTube presences.

The revenue model is subscription-recurring across all three product lines, with monthly billing for boat slip, apartment, and office tenants, plus lease payments from on-property commercial operators including The Bay Club (fitness), Bluewater Grill (restaurant), King Harbor Yacht Club, Redondo Beach Yacht Club, King Harbor Marine Center (shipyard), Marina Sailing, and the King Harbor Youth Foundation. Go-to-market is direct-to-consumer through an on-site leasing office and the website. The company serves three primary customer segments — boat owners, residential renters, and commercial tenants — and operates exclusively within Southern California.

Name

King Harbor Marina

Legal name

King Harbor Island Corporation

Website

https://kingharbor.com

Company type

Private

Founded year

1966

Operating status

Operating

Headcount range

1–10 employees

Short description

King Harbor Marina is a privately held, 36-acre mixed-use waterfront property in Redondo Beach, California, operating an 825-slip marina, a 49-unit apartment building, and office space under a single leasehold, and serving boat owners, residents, and commercial tenants in the South Bay.

Ownership category

akta.pro rank

Headquarters

HQ city

Redondo Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Others, Marketing or Sales

Revenue model

1. Boat Slip Rentals: Monthly rental of boat slips ranging from 25-43 feet, with docking for vessels up to 83 feet. Amenities included: storage locker, power, water, telephone and cable TV hook-ups. Additional services include fuel dock and pump-out station. No liveaboard status permitted.
2. Apartment Rentals: 49-unit apartment building with studios, one-bedroom, and two-bedroom units featuring ocean and marina views. Amenities include heated pool, Jacuzzi spa, outdoor barbecue, tenant lounge, Verizon FiOS TV, internet and phone ready. Washer/dryer in select units. Cat-friendly, smoke-free building.
3. Office Space Rentals: Office space ranging from 200 square feet up to 4,000 square feet, many with ocean and/or marina views. Retail and restaurant spaces also available in limited supply. Security gated parking included.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

King Harbor Marina leases a 36-acre waterfront leasehold in Redondo Beach, California, offering three core rental products: 825 boat slips accommodating vessels up to 83 feet, a 49-unit oceanfront apartment building with studios and one- and two-bedroom units, and commercial office/retail spaces from 200 to 4,000 square feet. The marina provides amenities including storage lockers, power/water/cable TV hook-ups, fuel dock and free pump-out station, secured gated parking, a heated pool, Jacuzzi spa, and a fitness center, supported by on-site tenant businesses such as yacht clubs, a marine center, a restaurant, and a fitness club.

Product overview

King Harbor Marina operates as a mixed-use waterfront property offering three core rental products: boat slips (825-slip marina accommodating vessels up to 83 feet), apartments (49-unit oceanfront building with studios and 1-2 bedroom units), and office spaces (200 to 4,000 square feet). The marina also hosts various tenant businesses including Bluewater Grill restaurant, Bay Club fitness center, King Harbor Yacht Club, Marina Sailing, and King Harbor Marine Center. The property is managed by Majestic KHM LLC under GGE Management and is the largest privately owned marina from Marina Del Rey to Newport Beach.

Differentiator

Problem solved

Functional benefit

Products and services

• Boat Slips Monthly rental of marina boat slips accommodating vessels up to 83 feet, with slip sizes ranging from 25 to 43 feet. Includes storage locker, power, water, telephone, and cable TV hook-ups, plus access to tenant lounges, hot showers, laundry rooms, mailboxes, landlockers, dinghy racks, and secured parking. Boat owners may also use the on-site fuel dock and free pump-out station. Liveaboard status is not permitted.
• Apartments Monthly rental of residential units in a 49-unit oceanfront apartment building offering studios, one-bedroom, and two-bedroom configurations with unobstructed marina and ocean views. Features include private balconies, stainless steel appliances, quartz or granite countertops, laminate wood flooring, Verizon FiOS TV, internet and phone ready, and washer/dryer in select units. Building amenities include a year-round heated pool, Jacuzzi spa, fitness center access, tenant lounge, and outdoor barbecue. The building is cat-friendly and smoke-free.
• Offices Monthly rental of commercial office and retail spaces ranging from 200 square feet up to 4,000 square feet, many with ocean and/or marina views. Located steps from the fitness center, restaurants, marina, and beach, with security gated parking included. Retail and restaurant spaces also available in limited supply. Security deposit equals one month's rent.

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and minor.

• The Bay ClubcoreChannel Partner/ Reseller/ DistributorMajor leaseholder operating a fitness center at King Harbor Marina. Offers family-friendly amenities, outdoor recreation, pool, whirlpool, gym with harbor and ocean views, racquetball, and boxing studio. Open to marina tenants and public membership.
• Bluewater GrillcoreChannel Partner/ Reseller/ DistributorRestaurant leaseholder at King Harbor Marina offering fresh mesquite broiled seafood, shellfish bar, kid's menu, patio dining, full bar, happy hour, and wine list. Located at 665 N. Harbor Drive, Redondo Beach.
• King Harbor Yacht ClubcoreChannel Partner/ Reseller/ DistributorOne of only a few yacht clubs in Southern California open seven days a week. Features dry storage for trailer boats, boat hoists, guest docks, bar and limited food service. Diverse membership including sailboat racers, cruisers, powerboat cruisers to 70-foot vessels.
• Redondo Beach Yacht ClubcoreChannel Partner/ Reseller/ DistributorYacht club leaseholder at King Harbor Marina providing member services to boat enthusiasts in the Redondo Beach area.
• King Harbor Marine CentercoreChannel Partner/ Reseller/ DistributorFirst-class shipyard leaseholder servicing boats of all types and sizes. Provides on-site marine repairs, maintenance, fabrication, crane, and off-loading handling. Located at 831 N. Harbor Drive.
• Marina SailingminorChannel Partner/ Reseller/ DistributorSouthern California's oldest and largest sailing club (since 1962). Offers yacht charters, ASA instruction from 101 & 103 to advanced, and boat rentals including yachts and racing boats.
• King Harbor Youth FoundationcoreStrategic or Co-development PartnerNon-profit corporation founded in 1982 to promote youth sailing in Southern California. Operates at King Harbor Yacht Club site offering year-round youth sailing classes, summer camp, race teams, adult lessons/rentals, youth scholarships, and New Channels outreach program.
• Richstone Family CenterminorGTM or Marketing PartnerNon-profit hosting the annual Endless Summer Party beach event at King Harbor Marina. Richstone has been dedicated for over 40 years to preventing and treating child abuse and trauma, strengthening families, and decreasing violence.
• BeachLife FestivalminorGTM or Marketing PartnerLargest beach party and live music festival in Southern California, held annually in Redondo Beach next to King Harbor Marina. Partner event that brings visitors to the area.
• GGE ManagementcoreOthersGGE Management (Majestic KHM LLC) acquired the King Harbor Marina lease in March 2020, taking over from Marina Cove Ltd. which had been leaseholder for over 50 years. GGE Management also manages other South Bay properties and handles marketing cross-promotion for apartment rentals.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• IGY Marinas (Island Global Yachting): Global operator of luxury marinas including several in SoCal and Mexico. Comparable as a premium marina operator running slips, fuel docks, yacht clubs, and concierge services for affluent boaters.
• Suntex Marinas: One of the largest US recreational marina operators with a national portfolio. Comparable as a marina owner/operator with similar revenue model (monthly slip leases, amenities, services), though at a much larger and geographically diversified scale.

Direct peers

• Cabrillo Way Marina: Los Angeles Harbor recreational marina in San Pedro offering slips, transient berthing, and marine services. Comparable as a SoCal recreational marina with similar slip-rental business model.
• Ventura Harbor Village and Marina: Mixed-use harbor with boat slips, restaurants, retail, and visitor amenities in Ventura County. Comparable as a SoCal mixed-use waterfront destination combining marina operations with adjacent commercial/retail tenanting.
• Sun Harbor Marina (San Diego): San Diego Bay recreational marina with ~1,200 slips and amenities including fuel dock and marine services. Direct peer in SoCal recreational boating with similar slip-leasing economics and customer base.
• Dana Point Marina: Orange County recreational marina with slips, yacht club, marina hotel, and retail/restaurant tenant mix. Closely comparable to King Harbor's combination of boat slips with on-site lodging and dining.
• Newport Beach Marina / Balboa Marina: Premium SoCal marinas in Orange County serving recreational boaters with full amenities, yacht clubs, and adjacent waterfront dining. Highly comparable to King Harbor in customer demographic (affluent recreational boaters) and slip/dock offering.
• Sausalito Marine / Clipper Yacht Harbor: Northern California marinas in Sausalito offering recreational slips, yacht clubs, and waterfront amenities. Direct functional peer as a premium California recreational marina even though regional.
• Marina del Rey: LA County-operated marina ~20 miles north of King Harbor with ~6,000 boat slips, mixed residential/commercial uses, and on-site restaurants and yacht clubs. It is the largest marina in LA County and the most direct functional and geographic comparable to King Harbor's mixed-use waterfront model.

Regional players

• Bahia Corinthian Yacht Club / Balboa Bay Resort: Newport Beach waterfront yacht club and adjacent resort lodging. Comparable in offering a combined recreational boating and lodging/dining experience in the same SoCal coastal market even though the lodging is hospitality rather than residential.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/kingharbormarina
• Xx.com/kingharbor1
• LinkedInlinkedin.com/company/king-harbor-marina

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about King Harbor Marina