2700 Highland Avenue, Manhattan Beach

$16,950,000

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10 Beds
8 Baths
5,027 Sqft
.23 Acre
4 Garages

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



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 owner’s unit and four separate apartments. A fifth apartment was incorporated into the owner’s 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 condition. 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.

Essential Information

MLS® #
SB24037343
Price
$16,950,000
Bedrooms
10
Bathrooms
8.00
Full Baths
8
Square Footage
5,027
Acres
0.23
Year Built
1948
Type
Residential
Sub-Type
Single Family Residence
Status
Active

Community Information

Address
2700 Highland Avenue
Area
142 - Manhattan Bch Sand
City
Manhattan Beach
County
Los Angeles
Zip Code
90266
Community Features
Curbs, Street Lights, Park
Senior Community
N

Amenities

Parking Spaces
7
Parking
Garage, One Space
# of Garages
4
Garages
Garage, One Space
Has Pool
Yes
Pool
In Ground, Private

View

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

Interior

Heating
Forced Air
Cooling
None
Fireplace
Yes
Fireplaces
Living Room
# of Stories
3
Stories
Multi/Split

Appliances

Dishwasher, Gas Oven, Gas Range, Refrigerator

Lot Description

Back Yard, Corner Lot, Near Park, Yard

School Information

District
Manhattan Unified

Additional Information

Date Listed
February 22nd, 2023
Days on Market
63
Zoning
MNRH

Listing Details

Agent
David Salzman
Office
Engel & Volkers LA South Bay

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Buyer's Agent

Jeremiah Moersch REALTOR®

Office: 760-533-2540
Listing Agent
David Salzman - Engel & Volkers LA South Bay

Based on information from California Regional Multiple Listing Service, Inc. as of May 2nd, 2024 at 4:20am PDT. 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.