3921 Highland Active Save Request In-Person Tour Request Virtual Tour
Manhattan Beach,CA 90266
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24098173
Year Built 1935
Lot Size 3,576 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area 142 - Manhattan Bch Sand
Zoning MNCNE
Interior
Fireplaces Type None
Laundry Common Area
Exterior
Garage One Space
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Biking
Building
Lot Description 6-10 Units/Acre
Story 3
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard