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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Listed by Woody Stahl • Lyon Stahl Investment Real Est
$ 5,450,000
Est. payment /mo
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3921 Highland Manhattan Beach, CA 90266

3,221 SqFt


UPDATED:

10/17/2024 05:59 AM

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


Bay East AOR and Contra Costa AOR

Gregory Jackson

Broker Associate | License ID: 01111634

+1(925) 786-8504

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3921 Highland