3921 Highland Active

Manhattan Beach,CA 90266

$ 5450000

- Bed

- Bath

3221 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,221 sqft

Price per Sqft $1,692

MLS Listing ID CRPW24098173

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1935

Lot Size 3,576 Sqft

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

Interior

Fireplace No

Laundry Community Facility

Exterior

Parking Type Other

Building

Water Public

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