$4,050,000

3216 Highland Avenue

Manhattan Beach CA, 90266

Description

Once In A Lifetime Opportunity. Prime North Manhattan Beach property situated on an oversized street to street lot, with sweeping ocean views of Malibu to Catalina from the back unit. This updated 4-unit mixed commercial property has a front street commercial space on the first floor, a 2 bedroom, 1 bathroom unit with its own outdoor living space. The back building located on Crest has a charming 1 bedroom, 1 bathroom unit also with its own outdoor patio, and slight ocean views. Directly above is an updated 3 bedroom, 2 bathroom unit boasting massive ocean views. Imagine the views you will have if you developed this property! 3 garage spots for parking and storage. Very low maintenance building with good income, short walk to the beach, and steps from the North MB Shops and restaurants. Includes a survey that was done in the last two years by Denn Engineers. All tenants are month-to-month including the commercial space. Happy tenants and good income while you explore building on it.

Details

MLS#SB20218202
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1938
Days On Site123

Features

SQ Feet2,768
Units4
Building(s)2
Water FrontNo
Property ViewYes
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Area Information
StateCA
CountyLos Angeles
CityManhattan Beach
Zip Code90266
Area142 - Manhattan Bch Sand
Listing VS Median (in 90266)
Price:
$4,050,000
low | high
Med:
$1,649,000
100% of Average
SqFt:
2,768
low | high
Med:
1,870
82.442196531792% of Average
$ / SqFt:
$1,463
low | high
Med:
$882
89.731537598204% of Average
On Site:
123
low | high
Med:
174
70.689655172414% of Average
Sourced by Back At You
Listing Updated: February 9, 2021 11:07:24 AM PST
Anthony (Tony) Rogondino LogoMLS Number: SB20218202
Listing Provided By:
Anthony (Tony) Rogondino  of  Vista Sothebys International Realty
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.