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