3921 Highland ave, Manhattan Beach, CA 90266
Active
$5,450,000
6 Units
5 Beds
5 Baths
3,221 Area(sq.ft.)
Lot: 3,576 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | studio | 1 | No | $ 2,150 | $ 2,150 | $ 2,150 |
| Unit 2 | 1 | 3 | 1 | No | $ 4,025 | $ 4,025 | $ 4,250 |
| Unit 3 | 1 | 2 | 1 | No | $ 3,600 | $ 3,600 | $ 4,250 |
| Unit 4 | 1 | studio | 1 | No | n/a | n/a | $ 9,000 |
| Unit 5 | 1 | studio | 0 | No | $ 6,662 | $ 6,663 | $ 7,000 |
| Unit 6 | 1 | studio | 1 | No | n/a | n/a | $ 2,000 |
| 6 | 5 | 5 | $ 16,437 | $ 16,438 | $ 28,650 |
| MLS #: | SB25015575MR |
| Days On Market: | 326 |
| Listing Date: | January 14, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,692 |
| Price per unit: | $ 908,333 |
| Year Built: | 1935 |
Property Details
Fantastic opportunity to purchase a unique double lot property featuring both residential and commercial space in El Porto. The building offers two retail spaces on the ground floor and four remodeled residential units above- a gorgeous open floor plan penthouse with spectacular coastal panoramic views from Palos Verdes to Malibu, a 2 bedroom and 3 bedroom unit with ocean views and a bachelor studio. Zoned for AirBnB use, a rare allowance for short term rentals in Manhattan Beach's coastal zone. The second parcel is the adjacent parking lot- both lots combined are 3,576 sq ft. Substantial potential for expansion and investment returns.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 0 |
| Net Operating Income: | $ 0 |
Structure
| Community Features: | Sidewalks, Storm Drains, Street Lights |
| Sewer: | Public Sewer |
| View Description: | Coastline, Ocean, Panoramic, Peek-A-Boo |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
| Parking Garage: | Assigned |
| Total Parking: | 11 |
Interior
| Fireplace Rooms: | Fire Pit |
| Laundry: | Inside |
Exterior
| Pool: | No |
Detailed Map
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Income
