Listed By:
David Salzman with Engel & Volkers LA South Bay; dave@davesalzman.com
Address
2700 Highland Avenue, Manhattan Beach, CA
Price
$ 16,950,000
Property Attributes
  • MLS#SB24037336
  • TypeLand
  • CountyLOS ANGELES
  • CityManhattan Beach
  • AreaManhattan Bch Sand
  • Zip90266
  • Style
  • Price$ 16,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size9,823 SqFt
Data Source:
California Regional MLS (CRMLS)
Property 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. 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.

Price History
2/23/2024 Listed $16,950,000

General Features

Sewer PublicSewer
Zoning MNRH
HOA 0.0
View Catalina,Coastline,ParkGreenbelt,Ocean,Panoramic,Pier,Water
Community Features Curbs,StreetLights,Park
Additional Parcels Description 4176020013
County Los Angeles
New Construction No
Property Type Land
HOA / Comm Assn No
Attached Garage No
Garage Y/N No
Special Listing Conditions Trust
Status Active
Directions 27th and Highland
City Manhattan Beach
View Y/N Yes
Senior Community Y/N No
MLS Area 142 - Manhattan Bch Sand
Lot Size Square Feet 9824.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Highland
Listing Terms Cash,CashtoNewLoan
Property Attached Y/N No
Land Lease Y/N No
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N Yes
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://vimeo.com/923480091?share=copy
Days on Market 21
Standard Status Active
Tax Lot 7
Virtual Tour http://www.2700highlandmb.com/
MobileHomeRemainsYN No

Interior Features

Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Street Suffix Avenue
Electric On Property Y/N No

Exterior Features

Lot Features BackYard,CornerLot,NearPark,Yard
Water Source Public
Lot Size Area 9824.0
Spa No
Lot Size Acres 0.2255
Lot Size Units SquareFeet
Lot Size Source Assessor
Road Frontage Type CityStreet
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 90266

Price
AVG $11.37M
$16.95M
Visits
AVG 159
97
Data Provided by Inside Real Estate®