2700 Highland Ave, MANHATTAN BEACH, CA

$16,950,000

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10

Beds

8

Baths

5,027

Square feet

0.23

Acres

About 2700 Highland Ave

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 of 2700 Highland Ave

MLS® # SB24037343MR
Price $16,950,000
Bedrooms 10
Bathrooms 8.00
Full Baths 8
Square Footage 5,027
Acres 0.23
Year Built 1948
Type Residential
Sub-Type Single Family
Status Active

Community Information

Address 2700 Highland Ave
Area Manhattan Beach Sand
City MANHATTAN BEACH
County Los Angeles
State CA
Zip Code 90266

Amenities

Parking Spaces 7
# of Garages 4
Garages Garage, Parking Space
View Catalina, Coastline, Ocean, Panoramic, Pier, Water
Is Waterfront No
Has Pool Yes
Pool In Ground, Private

Interior

Appliances Oven-Gas, Range
Heating Forced Air
Cooling None
Fireplace Yes
Fireplaces Living Room
# of Stories 3
Has Basement No

School Information

District Manhattan Unified

Additional Information

Date Listed February 22nd, 2023
Days on Market 61
Zoning MNRH
Foreclosure No
RE / Bank Owned No

Listing Details

AgentDavid Salzman (00952732)
OfficeEngel & Volkers LA South Bay

Listing Map

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