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2700 Highland Avenue

Manhattan Beach, 90266

10 Bd
8 Ba
5,027 Sqft
9,824 Lot
$16,950,000 Current Price
Active Status
55 Days on Market
Feb 29 First Day Active
$16,950,000 Start Price

Description

Please note this is a compound with 5 bedroom owner's unit and 4 separate units.



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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Property Details for 2700 Highland Avenue

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
David Salzman
Listing Brokered By
Engel & Volkers LA South Bay
Type
Residential, Single Family Residence
Year Built
1948 (Assessor)
MLS Area
142 - Manhattan Bch Sand

Price and MLS Information

Status
Active | Listing History
MLS Days on Mkt.
55 DOM
Combined DOM*
55
First Date Active
February 29th, 2024
Current Price
$16,950,000
Current PPSF
$3,372
Orig. List Price
$16,950,000
MLS® #
SB24037343
APN
4176020012
Special
Trust

Home Interior Information

Levels/Stories
Multi/Split
Bedrooms
10
Total Baths
8
Full Baths
8
Int. Sqft.
5,027
Heating
Forced Air
Cooling
None
Appliances
Dishwasher, Gas Oven, Gas Range, Refrigerator
Fireplaces
Living Room

Room Information

Room Type
Basement, Kitchen, Living Room
Laundry
Inside

Exterior Information

Lot Description
Back Yard, Corner Lot, Near Park, Yard
Lot Size (sq. ft.)
9,824
Lot Size (acres)
0.23
Pool
In Ground, Private
Parking Spaces
7
Garage Spaces
4

View, Style & Tour Information

View
Catalina, Coastline, Park/Greenbelt, Ocean, Panoramic, Pier, Water
Virtual Tour 1
http://www.2700highlandmb.com/

Utilities Information

Water Source
Public

Additional Information

Zoning
MNRH
Buyer's Brokerage Fee
2.000
Co-Agent
Carol Glover
Co-Agent Office
Engel & Volkers LA South Bay

* 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
6
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School Information

District
Manhattan Unified
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Listing/Price History

2700 Highland Avenue, Manhattan Beach, (MLS® #SB24037343)

Date Details Price Change
First Day Active $16,950,000
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Listing Summary

Quick Summary of 2700 Highland Avenue: This 10 Bedroom/8 Bathroom home in Manhattan Beach is priced at $16,950,000 ($3,372/PSF) . The 5,027 sqft. Single Family Residence residence was originally built in 1948 and was listed on February 29th, 2024 at $16,950,000, showing 55 Days on Market currently. Contact Dave Fratello today for more information or to go see 2700 Highland Avenue.

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Based on information from California Regional Multiple Listing Service, Inc. as of April 24th, 2024 at 5:46am 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.