3921 Highland

Manhattan Beach, CA 90266

  • 0 Bed(s)
  • 0 Bath(s)
  • 3,221 Sqft
  • 3576
    Sqft(Lot)
$5,450,000

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.

  • Property Type

    Residential Income

  • Subdivision

    Fallbrook

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    45889746

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Fireplace: None

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1935
    • Building Area Total: 3,221

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.0821
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 3576

  • Listing Price Information

    • Original List Price: 5,450,000
    • Listing Contract Date: 2024-05-15

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 4137010005

  • Garage and Parking

    • Garage Description: One Space

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 142 - Manhattan Bch Sand
    • Directions: Corner of Highland & 40th Street
    • Zoning: MNCNE
    • Source Property Type: Residential Income
    • Area: 142 - Manhattan Bch Sand
    • Property SubType: Mixed Use

    Building and Construction

    • Property Age: 89
    • Common Walls: 2+ Common Walls
    • Structure Type: Mixed Use
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1,2,3
    • Property Attached: Yes
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BuyOwner last updated this listing 12/18/2024 @ 06:07

  • MLS: PW24098173
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 3,221 sqft, 3,576 sized lot, and 1 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Manhattan Beach , in zip code 90266, this Los Angeles County Home , it is in the FALLBROOK Subdivision, are nearby neighborhoods.