3921 Highland Active Save Request In-Person Tour Request Virtual Tour
Manhattan Beach,CA 90266
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
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
Laundry Community Facility
Building
Water Public