Active

2700 Highland Avenue

Manhattan Beach CA, 90266

$16,950,000


$3,371.79 per sqft

Active

10 Beds

8 Baths

5,027 sqft

Residential

Built in 1948

Listed by David Salzman with Engel & Volkers LA South Bay 424-335-7933

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.

SB24037343

MLS ID

February 22, 2023

Listed

March 28, 2024

Updated

Map

2700 Highland Avenue
Manhattan Beach CA, 90266

Interior Features

Total Stories

3


Bedrooms

10 Beds


Bathrooms

8 Baths


Appliances

Dishwasher, Gas Oven, Gas Range, Refrigerator


Laundry Description

Inside


Fireplace

Yes


Fireplace Description

Living Room


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.23 Acres


Lot Features

Back Yard, Corner Lot, Near Park, Yard


Sewer

Public Sewer

School Information

School District

Manhattan Unified

Other Property Details

Area Name

142 - Manhattan Bch Sand


Days on Market

14


Garage

Yes


Garage Spaces

4


Parking

Garage, One Space


Parking Total

7


View

Yes


View Description

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


County

Los Angeles


Water Source

Public


Pool

Yes


Pool Features

In Ground, Private


Zoning

MNRH


Buyer Agency Compensation

2%

Listing Contact: 424-335-7933 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/28/2024 at 3:34 PM UTC

 

Powered byLuxury Presence