2700 Highland Avenue Active

Manhattan Beach,CA 90266

$ 16950000

- Bed

0 Bath

5027 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,027 sqft

Price per Sqft $3,371

MLS Listing ID SB-24024396

Year Built 1948

Lot Size 9,824 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Zoning MNRH

Interior

Heating Forced Air

Cooling None

Fireplaces Type Living Room

Laundry Inside

Exterior

Parking Features Garage,Parking Space

Garage Spaces 4.0

Pool Private,In Ground

Community Features Curbs,Street Lights

View Y/N Yes

View Park/Greenbelt,Panoramic,Ocean,Pier,Water,Catalina,Coastline

Building

Lot Description Corner Lot,Lot 10000-19999 Sqft,Park Nearby,Yard,Back Yard

Sewer Public Sewer

View More
Favorite Go Tour