3921 Highland Avenue
$5,450,000
4
5
3,221
3,221
$1,692
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...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.
- Listed by Woody Stahl • DRE #01399621 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Est • woody@lyonstahl.com
- Listed by Brett Lyon • DRE #01717818 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.
Property Details for 3921 Highland Avenue
Parking Spaces Total
10
Private PoolNo
Total Units6.0
Building TypeAttached
Lot Size SourceAssessor
Living Area3221
Assessor Parcel Number4137-010-005
Property Attached YNtrue
LISTING UPDATED: 10/16/2024 07:59 AM
Property Details for 3921 Highland Avenue
Status | Active |
---|---|
MLS # | PW24098173 |
Days on Market | 189 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1935 |
Lot Size | 0.08 AC / 3,576 SF |
County | Los Angeles County |
Building Information for 3921 Highland Avenue
Stories3Residences-Year Built1935Building Size-Lot Size0.08 AC / 3,576 SF
Property Information for 3921 Highland Avenue
Property History for 3921 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.
Schools near 3921 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 |
Rating | School | Distance |
---|---|---|
Grand View Elementary School PublicK to 5 | ||
Manhattan Beach Middle School Public6 to 8 | ||
Mira Costa High School Public9 to 12 |
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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