Manhattan Beach, CA 90266,3921 Highland AVE
Manhattan Beach, CA 90266,3921 Highland AVE
Manhattan Beach, CA 90266,3921 Highland AVE
Manhattan Beach, CA 90266,3921 Highland AVE
Manhattan Beach, CA 90266,3921 Highland AVE
Manhattan Beach, CA 90266,3921 Highland AVE
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$ 5,450,000
Est. payment | /mo

3,576 Sqft Lot


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$ 5,450,000
Est. payment | /mo
Save

3,576 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25058788

HOA Y/N No

Year Built 2021

Lot Size 3,576 Sqft

Property Sub-Type Mixed Use

Property Description

Welcome to 3921 Highland Avenue, an exceptional mixed-use property nestled in the highly sought after City of Manhattan Beach. Offering a perfect blend of residential comfort, and lucrative business potential, this property provides a rare opportunity to own a prime piece of real estate in one of California's most vibrant and desirable beach communities! The first level has two rentals that include a private corner office space and a fully leased, established laundromat that offers both a steady source of rental income and added convenience for the community. With a thriving business in place, the commercial spaces also bring reliable cash flow that makes this property an attractive investment. On the second level there are 3 remodeled residential units (2bd/1bth, 2bd/1bth plus den, and a Studio Apt). Each unit was designed with stylish finishes and functionality in mind. The top-floor penthouse is a true standout, offering breathtaking panoramic views of the Pacific Ocean from Palos Verdes to Malibu. The sale also includes the neighboring property at 3917 Highland Avenue, bringing the total lot size to 3,576 square feet. This expansion provides 10 parking spaces and a potential for growth, additional amenities, or even further development opportunities. Zoned to allow short-term rentals, this property holds enormous potential for those looking to take advantage of the lucrative vacation rental market in Manhattan Beach. Located just moments away from the iconic Manhattan Beach Pier, shops, restaurants, and the beach, 3921 Highland Avenue offers an incredible lifestyle in a highly coveted area. Whether you are an investor seeking diverse income streams or a homeowner looking to live in one of the Southern California's most beautiful coastal cities, this property is a must-see!

Location

State CA

County Los Angeles

Area 142 - Manhattan Bch Sand

Zoning MNCNE

Interior

Fireplace No

Laundry See Remarks

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs

Total Parking Spaces 12

Private Pool No

Building

Lot Description Corner Lot

Story 1

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 4137010005

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Brett Zebrowski • Palm Realty Boutique, Inc. • 310-678-7158

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

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Exceptional Realtors

There are a number of solid and competent realtors that can help you navigate the paperwork needed to either close a sale or negotiate a purchase of a home. The number of exceptional realtors who can develop a effective markeketing plan based on research, investment and strength of intellect and character are few and hard to find. Patrick and Ruby Raymond are those exceptional realtors. In addition, the other members of their team were each exceptional and epitomize professionalism. When Patrick first approached me, he stated a price than our home would generate that exceeded what I thought the market would bear. Then he proceeded to explain how this sale price could happen. First, he knew our neighborhood and its strength and weaknesses regarding its saleability. Next, he revealed the investments he had made to obtain a data base of pre-qualified buyers from throughout our state and around the country. Finally, Patrick and Ruby provided an in depth strategy on how to stage our home, establish timelines, and present tools they would use to sell the home. Some of their strategies were known but not always followed by other realtors, and additional strategies were proprietary to the Raymond team. The result was that we received three offers each either meeting of exceeding what Patrick and Ruby first told us our home could sell for. Throughout the process they both remained calm and focused even when little hickups occurred. It was a learning experience for us when we had questions about staging the home I found out later from the buyers how much Rubys’ strategies influenced their purchasing decision. Needless to say it is without any reservations that we would recommend the Raymond team whether you are purchasing or selling a home. P.S. They even gave us great input on strategies on how to buy our current home in a very competitive market.

Heather Squire

Transparent, Reliable & Honest

Ruby was extremely helpful, open, transparent, and reliable through the whole process, she really cared about us, understood our needs. Ruby was always available to answer our questions. Ruby really is the best! She was thorough and professional and great to work with. She scheduled the inspection and pest company, made it so easy to get everything done. She was honest and forthright- no games. Would use her again tomorrow if we were to buy or sell in the area.

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

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