2700 Highland Avenue, Manhattan Beach, CA 90266

$16,950,000
10
BD
8
BA
5,027
SqFt
List Price
$16,950,000
Status
ACTIVE
MLS#
SB24037343
Year Built
1948
Bedrooms
10
Bathrooms
8
Living Sq. Ft
5,027
Lot Size
9,824
Acres
0.23
Lot Location
Back Yard, Corner Lot, Near Park, Yard
Days on Market
65
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
Multi Level

Property Description

Please note this is a compound with 5 bedroom owner's unit and 4 separate units. This property presents an exceptional development or redevelopment opportunity for investors or owner user buyers. With unparalleled scale and scope, this rare chance allows for the creation of a landmark project in one of the most prestigious beachfront communities in the United States. In this environment where luxury meets lifestyle, there is immense potential for visionary real estate endeavors. County records show this is one of the largest remaining Sand Section sites for development or renovation. Situated diagonally across from the park with spectacular views of The Strand, sand, surf and Pacific Ocean. 2700 Highland is a large 9,824 sq ft parcel with 5,027 sq ft of living space. This parcel offers a spacious apartment compound with a 5-bedroom owner’s unit and four separate apartments. A fifth apartment was incorporated into the owner’s unit to provide the 5th bedroom. 2712 Highland is a 1,574 sq ft parcel with 624 sq ft of living space. These 2 parcels boast a total living area of 5,651 sq ft and a combined lot square footage of 11,398 sq ft. 2700 and 2712 are being co-marketed. 2700: APN #4176-020-12 is listed as MLS SB24024396. 2712: APN #4176-020-013 is listed as MLS SB24024430. The units themselves require TLC but the renovation or development potential is unmatched in the Sand Section. Proforma rents are based on post renovation condition. Properties are offered together, if interested in purchasing as separate parcels, please contact listing agents. Building images are conceptual only. Tenant occupied, please do not disturb tenants.

Additional Information

Appliances
Dishwasher, Gas Oven, Gas Range, Refrigerator
Pool
Yes
Pool Description
In Ground, Private
Fireplace Description
Living Room
Heat
Forced Air
Cooling Description
None
View
Catalina, Coastline, Park/Greenbelt, Ocean, Panoramic, Pier, Water
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
School District
Manhattan Unified
Attached Structure
Detached
Number Of Units Total
6

Listing courtesy of Listing Agent: David Salzman (dave@davesalzman.com) from Listing Office: Engel & Volkers LA South Bay.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.