2700 Highland AVE, Manhattan Beach, CA 90266 - MLS#SB24024396

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Katrina Smith

katrina.smith@pinpointproperties.com +1(949) 209-9004

$16,950,000

Est. payment - /mo

9,822 Sqft Lot

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UPDATED:

12/05/2024 05:29 AM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB24024396

HOA Y/N No

Year Built 1948

Lot Size 9,822 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

Area 142 - Manhattan Bch Sand

Zoning MNRH

Interior

Heating Forced Air

Cooling None

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Gas Oven, Gas Range, Refrigerator

Laundry Inside

Exterior

Parking Features Garage, One Space

Garage Spaces 4.0

Garage Description 4.0

Pool In Ground, Private

Community Features Curbs, Street Lights, Park

View Y/N Yes

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

Total Parking Spaces 7

Private Pool Yes

Building

Lot Description Back Yard, Corner Lot, Near Park, Yard

Story 3

Entry Level Multi/Split

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4176020012

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Trust

Lease Land No

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Listed by David Salzman • Engel & Volkers LA South Bay • dave@davesalzman.com

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Katrina Smith

+1(949) 209-9004

Broker | DRE#01915697

Broker DRE#01915697