3921 Highland
Manhattan Beach, CA 90266
- – beds
- – baths
- – sqft
- 3,576 sqft lot
- 1935 build
- – on site
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.
Listed By CRMLS_CA / Woody Stahl / Lyon Stahl Investment Real Est / woody@lyonstahl.com
Last checked:
Checking…
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Last updated Oct 16, 2024
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MLS# PW24098173 —
The Building
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Year Built:1935
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Year Built Source:Assessor
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New Construction:No
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Entry Level:1
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Common Walls:2+ Common Walls
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Building Area Total:3221.00
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Building Area Units:Square Feet
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# of Buildings:1
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Total Number Of Units:6
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Stories Total:3
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# of Separate Gas Meters:6
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# of Separate Water Meters:1
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# of Separate Electric Meters:6
Interior
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Entry Location:1,2,3
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Fireplace:No
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Fireplace:None
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Laundry:Community
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Laundry:1
Location
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Directions:Corner of Highland & 40th Street
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Latitude:33.90271200
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Longitude:-118.41879800
The Property
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Property Type:Residential Income
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Subtype:Commercial/Residential
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Zoning:MNCNE
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Lot Features:6-10 Units/Acre
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Lot Size Area:3576.0000
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Lot Size Acres:0.0821
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Lot Size SqFt:3576.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:2
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Tax Census Tract:3202.01
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Tax Tract:4103
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Tax Lot:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4137010005
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Showings Begin:2024-05-15
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Senior Community:No
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Features:Biking
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Pool:None
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Private Pool:No
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Assessments:No
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Assessments:None
Parking
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Parking:Yes
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Parking:Parking Space
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Parking Spaces:10.00
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Garage Spaces:1.00
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Uncovered Spaces:9.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/30/24
Sep 30, 2024
|
Price Changed | CRMLS_CA | $5,450,000 | -9.0% |
6/21/24
Jun 21, 2024
|
Price Changed | CRMLS_CA | $5,990,000 | -6.3% |
5/15/24
May 15, 2024
|
Listed / Active | CRMLS_CA | $6,390,000 |