Manhattan Beach, CA 90266,3921 Highland
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Manhattan Beach, CA 90266,3921 Highland
Manhattan Beach, CA 90266,3921 Highland
Manhattan Beach, CA 90266,3921 Highland
Manhattan Beach, CA 90266,3921 Highland
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$ 5,450,000
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Price Dropped by $540K

3921 Highland Manhattan Beach, CA 90266

3,221 SqFt


UPDATED:

10/16/2024 10:09 PM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,221 sqft

Price per Sqft $1,692

MLS Listing ID PW24098173

HOA Y/N No

Year Built 1935

Lot Size 3,576 Sqft

Acres 0.0821

Property Description

Discover a unique opportunity in Manhattan Beach's desirable El Porto neighborhood on Highland Ave—a stunning DOUBLE LOT property seamlessly blending residential and commercial spaces. This gem features 4 Units + Retail, anchored by a fully leased ground-floor laundromat.
Indulge in the epitome of coastal elegance with a beautifully remodeled penthouse studio offering breathtaking panoramic views from Palos Verdes to Malibu. Zoned for AirBNB use, take advantage of Manhattan Beach's rare allowance for short-term rentals in its coastal zone—an investor's dream!
This property boasts not only a potential 7% Proforma Return from AirBNB income but also robust rental revenue from its fully leased units. Including the adjacent lot at 3917 Highland Ave for a total of 3,576 square feet, this presents a once-in-a-lifetime opportunity to secure a coveted legacy property with substantial potential for expansion and investment growth.

Location

State CA

County Los Angeles

Area 142 - Manhattan Bch Sand

Zoning MNCNE

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Garage One Space

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Biking

Parking Type One Space

Total Parking Spaces 10

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 3

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4137010005

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Woody Stahl • Lyon Stahl Investment Real Est • [email protected]

Raul Garcia

+1(310) 753-0768

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3921 Highland