2700 Highland Avenue, Manhattan Beach, CA 90266
- $16,950,000
- $3,372
- $16,950,000
- $3,372
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.
Address
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Address: 2700 Highland Avenue
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City: Manhattan Beach
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State/county: CA
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Zip/Postal Code: 90266
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Area: 142 - Manhattan Bch Sand
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Country: United States
Details
Updated on March 18, 2024 at 7:28 pm-
Property ID SGR-25706422
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Price $16,950,000
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Property Size 5027.00 m²
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Land Area 9824.00 m²
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Bedrooms 10
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Bathrooms 8
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Garages 4.00
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Year Built 1948
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Property Type Residential
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Property Status For Sale
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MLS# SB24037343
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Office Name ENGEL & VOLKERS LA SOUTH BAY
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Agent Name David Salzman
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MLS Status Active
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Co-Office Name Engel & Volkers LA South Bay
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Co-Agent Name Carol Glover
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Agent State License 00952732
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Co-Agent State License 01473202
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IDX Contact Info dave@davesalzman.com
Additional details
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View Catalina,Coastline,Ocean,Panoramic,Park/Greenbelt,Pier,Water
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Sewer Public Sewer
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Cooling None
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Heating Forced Air
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County Los Angeles
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Property SubType Single Family Residence
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Parking 7.00
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Water Source Public
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