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Property Description

Please note this is a compound with 5 bedroom owner’s unit and 4 separate units.

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.

Features
: In ground, Private
: Forced air
: Panoramic, Catalina, Ocean, Water, Park/greenbelt, Coastline, Pier
3
2
: Inside
0
: Curbs, Street Lights
Additional Information
Engel & Volkers LA South Bay
0
SBSALZDAV
SB1385320
David
4176020012
: Trust
4
Manhattan Unified
Multi/Split

Single Family Residence For Sale

2700 Highland Avenue, Manhattan Beach, California 90266

10 Bedrooms
8 Bathrooms (Full)
5,027 Sqft
$16,950,000
Listing ID #SB24037343
Basic Details
Status : Active
DaysOnMarket : 14
Property Type : Single Family Residence
Listing Type : For Sale
Listing ID : SB24037343
Price : $16,950,000
Bedrooms : 10
Bathrooms : 8
Living Area : 5,027 Sqft
Lot Size : 9,824 Sqft
Year Built : 1948
Country : US
State : California
County : Los Angeles
City : Manhattan Beach
Zipcode : 90266
Price Per Square Foot : $3,372
Bathrooms (Full) : 8
ModificationTimestamp : 2024-03-14 12:20:58
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