$16,950,000
2700 Highland AVE Manhattan Beach, CA 90266
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$16,950,000
Est. payment /mo
9,822 Sqft Lot
Active
2700 Highland AVE Manhattan Beach, CA 90266
UPDATED:
09/30/2024 05:56 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB24037336
HOA Y/N No
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
Fireplace No
Exterior
Community Features Curbs, Street Lights, Park
View Y/N Yes
View Catalina, Coastline, Park/Greenbelt, Ocean, Panoramic, Pier, Water
Building
Lot Description Back Yard, Corner Lot, Near Park, Yard
Sewer Public Sewer
Water Public
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
Listed by David Salzman • Engel & Volkers LA South Bay • dave@davesalzman.com
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