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$16,950,000   Price Analysis
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2700 Highland Ave
Manhattan Beach, CA 90266
10 bed 8 bath 5,027 SqFt ($3371/SqFt)
9,824SqFt lot. Built 1948
Listed 2024-03-01, Taxes $6,242
Ⓧ USDA Ineligible
due to price & location

near Manhattan Beach

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

This property presents an exceptional development or redevelopmnt 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 big apartment compound with a 5-bedroom owners unit and four separate apartments. A fifth apartment was incorporated into the owners 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 conditi on. 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.


Presented by Dave Salzman at
Engel & Volkers LA South Bay.
Listing Agent Photo

Property MLS #SB24037343 from CRMLS

Bedrooms: 10

Total Bathrooms: 8
Full Bathrooms: 8

Kitchen Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator
Appliances YN: Yes
Laundry Features: Inside

Basement, Kitchen, Living Room

Fireplace Features: Fireplace: Yes
Heating Features: Forced Air
Heating: Yes

Additional Parcels Description: 4176020013
Additional Parcels: Yes
Lot Description: Back Yard, Corner Lot, Lot 10000-19999 Sqft, Park Nearby, Yard
Lot Size Acres: 0.225528
Lot Size Source: Assessor
Lot Size Square Feet: 9824

Pool Features: Private, In Ground
Pool Private: Yes

Road Frontage Type: City Street

Garage Spaces: 4
Garage Description: Detached
Parking Features: Parking YN: Yes, Parking Features: Garage, Parking Space
Parking Total: 7
Uncovered Spaces: 3.00

View: Catalina, Coastline, Ocean, Panoramic, Park/Greenbelt, Pier, Water

Number of Units: 6

School District: Manhattan Unified

Grand View Elementary School is a public elementary school located approximately 0.2 miles away.
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Manhattan Beach Middle School is a public middle school located approximately 1.8 miles away.
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Mira Costa High School is a public high school located approximately 2.1 miles away.
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Montessori School Of Manhattan Beach #2 is a private elementary school located approximately 0.2 miles away.
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Calculated Total Monthly Association Fees: 0

Community Features: Curbs, Street Lights

Source Listing Status: Active
County: Los Angeles
Directions: 27th and Highland
Source Property Type: Residential
Area: 142 - Manhattan Bch Sand
Source Neighborhood: 142 - Manhattan Bch Sand
Parcel Number: 4176020012
Postal Code Plus 4: 2144
Walk Score: 79
Zoning: MNRH
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$35,092 + $388,118
$423,210
$6,242
2021$34,404 + $380,508
$414,912
$6,413
2020$34,052 + $376,607
$410,659
$6,314
2019$33,385 + $369,223
$402,608
$6,224
2018$32,731 + $361,984
$394,715
$5,948
2017$32,090 + $354,887
$386,977
$5,586
2016$31,461 + $347,929
$379,390
$5,324
2015$30,989 + $342,703
$373,692
$5,231
2014$30,382 + $335,990
$366,372
$5,208
2013$30,245 + $334,472
$364,717
$5,160
2012$29,652 + $327,914
$357,566
$5,052
2010$29,071 + $321,485
$350,556
$4,943
2009$28,923 + $319,842
$348,765
$4,880
2009$28,854 + $319,083
$347,937
$4,880
2008$28,356 + $313,571
$341,927
$4,771
2007$27,800 + $307,423
$335,223
$4,639

Listed 2024-03-01
$16,950,000
CRMLS
Listed 2024-02-23
$16,950,000
CRMLS
Listed 2024-02-22
$16,950,000
CRMLS

Total Square Feet Living: 5027
Year Built: 1948
Common Walls: No Common Walls
Entry Level: 2
Entry Location: 2
Living Area Source: Assessor
Property Age: 76
Levels or Stories: Multi/Split
Building Total Stories: 3
Structure Type: House
Year Built Source: Assessor

Sewer: Public Sewer
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.