2700 Highland Avenue
$16,950,000
9,824 / 0.23
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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.
- Listed by David Salzman • DRE #00952732 • Brokerage DRE #02221898 • Engel & Volkers LA South Bay • dave@davesalzman.com
- Listed by Carol Glover • DRE #01473202 • Brokerage DRE #02221898 • Engel & Volkers LA South Bay
Property Details for 2700 Highland Avenue
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Catalina, Coastline, Ocean, Panoramic, Park/Greenbelt, Pier, Water
Lot Size SourceAssessor
Assessor Parcel Number4176-020-012
New ConstructionNo
PoolNo
ViewYes
AssociationNo
Association Fee$.00
LISTING UPDATED: 09/23/2024 03:56 AM
Property Details for 2700 Highland Avenue
Status | Active |
---|---|
MLS # | SB24037336 |
Days on Market | 273 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Lot/Land |
Year Built | - |
Lot Size | 0.23 AC |
County | Los Angeles County |
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Building Information for 2700 Highland Avenue
Lot Size0.23 AC
Property Information for 2700 Highland Avenue
Property History for 2700 Highland Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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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