2700 Highland Avenue
Manhattan Beach,
CA
90266
Property Details
| List Price: |
$16,950,000 |
| Beds: |
10 |
| Baths: |
8 |
| Status: |
Active |
SqFt: |
5027 |
| Agency: |
Engel & Völkers Los Angeles South Bay |
Description/Comments
| Lot Size: |
-- |
| Property Type: |
Other |
| Year Built: |
1948 |
| Notes: |
Please note this is a compound with 5 bedroom owner's unit and 4 separate units.<br />
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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. |
| MlsNumber: |
SB24037343 |
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| Listing Provided By: |
Engel & Völkers Los Angeles South Bay, original listing |
| Name: |
Engel & Völkers Los Angeles South Bay |
| Phone: |
(424) 335-7933 |
| Office Name: |
Engel & Völkers Los Angeles South Bay |
| Office Phone: |
(424) 335-7933 |
| Agent Name: |
David Salzman |
| Disclaimer: |
Copyright © 2024 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
