858-525-5007

3921 Highland, Manhattan Beach CA 90266 | $5,450,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 3576 Lot Sq Ft
  • Type: Commercial/Residential
  • Stories: 3
  • Year Built: 1935
  • MLS#: PW24098173
  • Community: 142 - Manhattan Bch Sand

Listing provided courtesy of Woody Stahl of Lyon Stahl Investment Real Est. Last updated 2024-11-28 09:11:51.000000. Listing information © 2024 SANDICOR.

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.

More Details

0.08 Acres
3 Stories

David Piper​

Call or Text: 858-525-5007

DRE# 02021985