Thank you
David Salzman
Engel & Volkers LA South Bay
310-543-9999
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.
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Water Source : Public
Sewer : Public Sewer
None
Air Conditioning
Year Built: 1950
Building Area Total: 624
None
See Remarks
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.0361
Lot Size Source: Assessor
Lot Size Square Feet: 1574
Original List Price: 16,950,000
Listing Contract Date: 2024-02-02
Listing Agreement: Exclusive Right To Sell
Parcel Number: 4176020013
Garage Description: Garage
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: 142 - Manhattan Bch Sand
Postal Code Plus 4: 2144
Directions: 27th & Highland
Zoning: MNRH
Source Property Type: Residential Income
Area: 142 - Manhattan Bch Sand
Property SubType: Single Family Residence
Property Age: 74
Common Walls: 1 Common Wall
Structure Type: Single Family Residence
Year Built Source: Assessor
Entry Level: 2
Entry Location: 2
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
600 8th Street, Manhattan Beach, CA,90266 | $5,500,000 | 6 | 5 | 6,000 | 7624 Sqft |
114 N Poinsettia Avenue, Manhattan Beach, CA,90266 | $9,100,000 | 5 | 4 | 6,013 | 6753 Sqft |
1315 17th Street #1, Manhattan Beach, CA,90266 | $5,395 | 3 | 2 | 1,700 | 7005 Sqft |
1315 17th Street #2, Manhattan Beach, CA,90266 | $5,595 | 4 | 2 | 1,700 | 7005 Sqft |
3920 The Strand #3922, Manhattan Beach, CA,90266 | $5,500 | 1 | 1 | 615 | 1675 Sqft |
1316 Gates Avenue, Manhattan Beach, CA,90266 | $5,950,000 | 5 | 6 | 4,745 | 5675 Sqft |
201 15th Street, Manhattan Beach, CA,90266 | $3,550,000 | -- | -- | 2,093 | 2701 Sqft |
201 15th Street, Manhattan Beach, CA,90266 | $3,550,000 | 6 | 3 | 2,093 | 2701 Sqft |
325 10th Street, Manhattan Beach, CA,90266 | $3,850,000 | 5 | -- | 2,207 | 2706 Sqft |
325 10th Street, Manhattan Beach, CA,90266 | $3,850,000 | 5 | 3 | 2,207 | 2706 Sqft |
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ByOwner last updated this listing 05/17/2024 @ 12:53
MLS: SB24024430
LISTED BY: David Salzman, Engel & Volkers LA South Bay
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.