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1300 Highland Avenue 108

Manhattan Beach, 90266

0 Bd
0 Ba
9,974 Lot
$600,000 SOLD Price | Closed 5/19/23
Closed Status
99 Days on Market
Jan 26 First Day Active
$725,000 Start Price

Description

1300 Highland Shops & Work Lofts

NEW PRICE with a current 4.15% cap rate. PRIME West facing retail unit #108 (Tenant is Puremans) in the 1300 Highland Shops & Work Lofts which is an

extraordinary mixed-use complex that seamlessly blends together work and pleasure and is ideally situated among

a vibrant community of forward-thinking businesses. This inspired development was artfully designed in 2009 by master architects to maximize ocean breezes and natural light. Located in the heart of downtown Manhattan

Beach, the complex is just steps from the sparkling Pacific, numerous award-winning restaurants, and year-round

community events. The exposed steel structure, bleached cedar cladding and individual private balconies and

patios, echo the community’s modern beach homes, while its 10,000 square-foot basement with spa locker rooms,

steam showers, and private storage helps you mix more play into your work day. Arrive without the hassle of

street parking via an underground garage. The South Bay is the southern Silicon Beach, packed with VCs,

technology startups and creatives, as well as a healthy mixture of aerospace, retail and traditional professional

services.

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Property Details for 1300 Highland Avenue 108

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Michael Rossi
Listing Brokered By
Strand Hill Properties
Type
Commercial Sale, Retail
Year Built
2009
MLS Area
142 - Manhattan Bch Sand

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
99 DOM
Combined DOM*
185
First Date Active
January 26th, 2023
Closing Date
May 19th, 2023
Sold Price
$600,000
Orig. List Price
$725,000
MLS® #
SB23014219
APN
4179004041
Special
Standard

Home Interior Information

Heating
Electric

Room Information

Laundry
None

Exterior Information

Lot Description
0-1 Unit/Acre
Lot Size (sq. ft.)
9,974
Lot Size (acres)
0.23
Roof
Membrane
Security
FireSprinklerSystem, SecurityGate, SmokeDetectors

Utilities Information

Utilities
Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Electric
Standard
Water Source
Public

Additional Information

Buyer's Brokerage Fee
2.500

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
142 - Manhattan Bch Sand
City/State
Manhattan Beach
Zip Code
90266
County
Los Angeles
# of Units
1
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Listing/Price History

1300 Highland Avenue 108, Manhattan Beach, (MLS® #SB23014219)

Date Details Price Change
Closed (from Active)
Price Reduced (from $725,000) $650,000 $75,000 (10.34%)
First Day Active $725,000
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Listing Summary

Quick Summary of 1300 Highland Avenue 108: This home in Manhattan Beach is priced at $650,000 . The Retail residence was originally built in 2009 and was listed on January 26th, 2023 at $725,000, showing 99 Days on Market currently. Contact Dave Fratello today for more information or to go see 1300 Highland Avenue 108.

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Based on information from California Regional Multiple Listing Service, Inc. as of May 8th, 2024 at 4:25pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.