The overlap between real estate and cryptocurrency continues with the seller of a 14-unit multifamily property in California’s Manhattan Beach accepting payment in either Bitcoin or USDC.
The crypto transaction will be facilitated by Guaranty Escrow. Buyers can fund escrow in digital assets with US dollar conversion locked at time of funding. According to the commercial real estate agents Elaine McIntyre Kim and Tom Watkins of Centennial Advisers, a successful transaction at the asking price property could mark the largest real estate sale in California history closed in cryptocurrency.
“This isn’t just a listing—it’s a milestone,” said Lim. “We’re marrying lifestyle real estate with next-gen capital. Crypto buyers looking to park wealth in real assets won’t find a better sandbox than El Porto.”
The property is within walking distance of the beach and is fully approved for short-term rentals.
