Manhattan Beach CA Real Estate & Commercial for Sale

3901 Highland Ave is a trophy asset situated in the sand section of Manhattan Beach in El Porto. The property currently consists of 14 units with the potential to build 3 ADUs to maximize rental income. After renovations and conversions, the project is projected to stabilize at a 5.02% CAP Rate, making this a unique legacy project in an A+ location. The property currently boasts (4) 2-bed/2-bath units, (1) 2-Bed/1-Bath, (7) 1-Bed/1-Bath Units, and (2) Studio Units. Renovation plans would add (3) more studios and include extensive remodels for the current units, creating multiple luxurious penthouse suites, that would rent for over $8,000/Mo. With a total estimated cost of $3MM in rehab/renovations, the property could generate over $1M annually in gross rental income. This property is also zoned to permit short term rentals with the potential to generate $1.8M annual revenue. Estimated STR data obtained from AIRDNA which is the #1 platform for short-term rental data. The current 9,466 SF building sits on a 6,621 SF lot west of Highland Ave. The property is strategically located in El Porto, one of the hottest rental markets in the country, providing easy access to the beach and nearby top-tier retail and restaurants. With its location and upside potential, 3901 Highland

This property presents an exceptional development or redevelopment 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 spacious 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 unmat

In an ideal location in the heart of vibrant downtown Manhattan Beach, just steps from the beach and award-winning restaurants, the highly desirable 1300 Highland Shops + Work Lofts complex was designed by master architects to maximize ocean breezes and natural light. Its exposed steel structure, bleached cedar cladding and unique layout echo the communitys modern beach homes. This sleek, 310 square foot office condo is on the coveted top level, with exposed beam ceilings, transom windows and gorgeous sliding glass doors that bring the outside in. Fully upgraded with polished cement floors and rustic/modern finishes, and featuring powered window coverings to control the amount of natural light that floods the space. The unit has a private restroom and separate sink/wet bar area.

Opportunity knocks! This is one of the most amazing Manhattan Beach Strand properties that you will ever find. There are 11 really large units (13,620 sq ft total Living Area), in 3 Separate Buildings, on a 9,334 Sq Ft Strand Lot. Yes...You Read That Correctly...11 units...3 Separate Buildings13,620 Sq Ft of Living Area...on a 9,334 Sq Ft Strand Lot!!! That is 2 and 2/3 "Combined" Strand Lots with nearly 90 ft of Strand Frontage. And, if that weren't amazing enough, the lot is also 105 ft deep. Views??? This property has some of the most spectacular ocean views that you will ever find. Because you are taller than surrounding properties, there are HUGE ocean views from every unit. Parking??? Theres a 3110sq ft garage with parking for at least 16 cars. There are 6 1bd/1bath units, 2 2bd/1bth units, 2 2bd/2bth units and 1 2bd/2.5bth unit. The units are in varying condition with some being updated and others needing some TLC. The photos on the MLS are from the Model Unit (2bd - 2.5bth - 1625 Sq Ft) that was recently updated and is an absolute showpiece! There are so many potential options for this property...TIC?...Air BNB?...Luxury Executive Rentals??? All units are vacant so you have a blank canvas. Hurry, this will not last. Do not miss this opportunity.