UPDATED:
09/23/2024 10:33 PM
Key Details
Property Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 624 sqft
Price per Sqft $27,163
MLS Listing ID SB24039715
Style All Other Attached
Bedrooms 1
Full Baths 1
HOA Y/N No
Year Built 1950
Lot Size 1,574 Sqft
Acres 0.0361
Type of Financing Cash,Cash To New Loan
Property Description
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 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.
Location
State CA
County Los Angeles
Area Manhattan Beach (90266)
Zoning MNRH
Interior
Laundry Other/Remarks
Exterior
Garage Garage
Garage Spaces 2.0
Total Parking Spaces 2
Building
Story 2
Lot Size Range 1-3999 SF
Sewer Public Sewer
Water Public
Level or Stories 2 Story
Others
Monthly Total Fees $36
Acceptable Financing Cash, Cash To New Loan
Listing Terms Cash, Cash To New Loan
CFD/Mello-Roos Fee $441
Get More Information
Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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