Property Details
About this Property
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.
MLS Listing Information
MLS #
CRPW24098173
MLS Source
California Regional MLS
Days on Site
193
Interior Features
Laundry
Community Facility
Parking, School, and Other Information
Garage/Parking
Parking Area, Garage: 1 Car(s)
Contact Information
Listing Agent
Woody Stahl
Lyon Stahl Investment Real Est
License #: 01399621
Phone: (310) 726-3391
Co-Listing Agent
Brett Lyon
License #: 01717818
Phone: (310) 706-4066
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
3921 Highland is a Residential Income in Manhattan Beach, CA 90266. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,450,000 and was built in 1935. This address can also be written as 3921 Highland, Manhattan Beach, CA 90266.
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This listing information is up-to-date as of October 16, 2024. For the most current information, please contact Woody Stahl, (310) 726-3391
