Active
3921 Highland
Manhattan Beach CA, 90266
$5,990,000
$1,859.67 per sqft
Active
3,221 sqft
Multi-family
Built in 1935
Listed by Woody Stahl with Lyon Stahl Investment Real Est [email protected]
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.
PW24098173
MLSⓇ ID
May 15, 2024
Listed
August 30, 2024
Updated
Map
3921 Highland
Manhattan Beach CA, 90266
Interior Features
Total Stories
3
Laundry Description
Common Area
Fireplace
No
Fireplace Description
None
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.08 Acres
Lot Features
6-10 Units/Acre
Sewer
Public Sewer
Other Property Details
Area Name
142 - Manhattan Bch Sand
Days on Market
103
Garage
Yes
Garage Spaces
1
Parking
One Space
Parking Total
10
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
MNCNE
Listing History
Date | Event | Price |
|---|---|---|
6/21/2024 | Price change | $5,990,000 -7% |
Listing Contact: 310-425-9838
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. 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.
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Data last updated on 8/30/2024 at 8:03 PM UTC