$5,450,000
3921 Highland Manhattan Beach, CA 90266
Save Share 
Schedule a Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
See all 27 photos
27 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Woody Stahl • Lyon Stahl Investment Real Est
$5,450,000
Est. payment /mo
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
Read Less Info
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Get More Information