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3921 Highland
Manhattan Beach, CA 90266
Discover a unique opportunity in Manhattan Beach's desirable El Porto neighborhood on Highland Ave—a stunning DOUBLE LOT property seamlessly blending residential and commercial spaces. This gem features 4 Units + Retail, anchored by a fully leased ground-floor laundromat. Indulge in the epitome of coastal elegance with a beautifully remodeled penthouse studio offering breathtaking panoramic views from Palos Verdes to Malibu. Zoned for AirBNB use, take advantage of Manhattan Beach's rare allowance for short-term rentals in its coastal zone—an investor's dream! This property boasts not only a potential 7% Proforma Return from AirBNB income but also robust rental revenue from its fully leased units. Including the adjacent lot at 3917 Highland Ave for a total of 3,576 square feet, this presents a once-in-a-lifetime opportunity to secure a coveted legacy property with substantial potential for expansion and investment growth.
PROPERTY INFORMATION
| MLS # | PW24098173 | Lot Size | 3,576 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Commercial/Residential |
| Price | $ 5,450,000
Price Per SqFt: $ 1,692 |
DOM | 463 Days |
| Address | 3921 Highland | Type | Residential Income |
| City | Manhattan Beach | Sq.Ft. | 3,221 Sq. Ft. |
| Postal Code | 90266 | Garage | N/A |
| County | Los Angeles | Year Built | 1935 |
| Bed / Bath | 4 / 0 | Parking | 10 |
| Built In | 1935 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Community |
| Has Fireplace | No |
| Fireplace Information | None |
| EntryLocation | 1, 2, 3 |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $5,813
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 09/30/2024 | Price Change (Relisted) | $5,450,000 (-9.02%) |
| 06/21/2024 | Price Change (Relisted) | $5,990,000 (-6.26%) |
| 05/15/2024 | Listed | $6,390,000 |
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Listing provided courtesy of Woody Stahl, Lyon Stahl Investment Real Est. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
