$5,450,000
- Beds
- Unknown
- sq ft
- 3,221
3921 Highland Ave, Manhattan Beach, CA 90266
3921 Highland Ave
Manhattan Beach, CA 90266
- 188 days on market
- Price drop $540,000↓
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.
Details
Property type
Mixed Use
Lot size
3,576 sq ft
Price per sq ft
$1,693
Year built
1935
Price History
09/30/2024
CRMLS #PW24098173
Price change
$5,450,000
-9.02%
06/21/2024
CRMLS #PW24098173
Price change
$5,990,000
-6.26%
05/15/2024
CRMLS #PW24098173
Listed
$6,390,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 11/19/2024 at 4:30 AM
Listing updated: 09/30/2024 at 4:31 PM
Listed by: Woody Stahl, Lyon Stahl Investment Real Est Phone #: (310) 425-9838
MLS: CRMLS #PW24098173
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