2700 Highland Avenue

Manhattan Beach, CA 90266

$16,950,000
Price
10
Beds
8
Baths
5,027 Sq. Ft.
$3,372 / Sq. Ft.
5,027
Sq. Ft.
$3,372
per Sq. Ft.

Description

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....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.
  1. Listed by David Salzman • DRE #00952732 • Brokerage DRE #02221898 • Engel & Volkers LA South Bay • dave@davesalzman.com
  2. Listed by Carol Glover • DRE #01473202 • Brokerage DRE #02221898 • Engel & Volkers LA South Bay

Property Details for 2700 Highland Avenue

View
Catalina, Coastline, Ocean, Panoramic, Park/Greenbelt, Pier, Water
Parking Spaces Total
7
Private Pool
Yes
Cooling Type
N/K
Total Units
6.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
5027
LISTING UPDATED: 09/23/2024 03:56 AM

Property Details for 2700 Highland Avenue

StatusActive
MLS #SB24024396
Days on Market273
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
CountyLos Angeles County

Virtual Tour

Building Information for 2700 Highland Avenue

Building/Complex2700 Highland AveFloor-Stories3Residences-Pet Policy-Year Built1948Building Size-

Property Information for 2700 Highland Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: A
  • Tax Tract Number: 3451
  • Tax Census Tract: 6203.05
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 7
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator
  • Equipment: Dishwasher, Inside, Refrigerator
  • Room Type: Basement, Kitchen, Living Room
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: None
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
  • Virtual Tour URL Branded: http://www.2700highlandmb.com/
  • Virtual Tour URL Unbranded: https://vimeo.com/923480091?share=copy
Exterior Features
  • Entry Location: 2
  • View Description: Catalina, Coastline, Ocean, Panoramic, Pier, Water
  • Pool Features: Private, In Ground
  • Pool Description: In Ground, Private
  • Pool: Below Ground, Private
  • Spa Features: None
Green Info
  • Walk Score: 79
Land/Lot Info
  • Additional Parcels Description: 4176020013
  • Lot Features: Back Yard, Corner Lot, Lot 10000-19999 Sqft, Park Nearby, Yard
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: Multi/Split
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage, Parking Space
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Garage, Parking Space
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4500
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 6000
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 5000
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 17000
  • Unit Type Type: 6
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0
  • Number With Dishwasher: 1
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Number With Disposal: 1
  • Number With Patio: 1

Property History for 2700 Highland Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2700 Highland Avenue

Taxable ValueLand$5,100,000Additions$408,350Total$5,508,350
Tax Record2024$63,528 ($5,294 / month)
Home Facts
Total Finished SqFt5,027 SqFtAbove Grade Finished SqFt5,027 SqFtLot Size9,824 SqFtStyleMulti-Family Res (5+ Units)Year Built1948ZoningMNRHCountyLOS ANGELESAPN4176-020-012

Schools near 2700 Highland Avenue

This home is within Manhattan Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Grand View Elementary School
PublicK to 5

Manhattan Beach Middle School
Public6 to 8

Mira Costa High School
Public9 to 12

American Martyrs School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2700 Highland Avenue is a multi-family home for sale in Manhattan Beach, CA 90266. This property was listed for sale on February 2, 2024 by Engel & Volkers LA South Bay, it's currently listed at $16,950,000. This listing's school district is Manhattan Beach Unified School District. Nearby schools include Grand View Elementary School, Manhattan Beach Middle School and Mira Costa High School. 2700 Highland Avenue is a 10-bed, 8-bath, 5,027 sqft multi-family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Engel & Volkers LA South Bay, David Salzman, DRE #00952732; Engel & Volkers LA South Bay, Carol Glover, DRE #01473202

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.