3920 Highland Avenue,  Manhattan Beach CA, 90266 (Residential Income)

2,752 sqft
Status: Active
MLS#: SB16722189
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Last Updated: 12/4/2016 8:36 PM
Description for 3920 Highland Avenue Manhattan Beach, CA 90266
7 UNIT MIXED USE PROPERTY ON AN OVERSIZED PRIME CORNER OF EL PORTO. 4200 SQ. FT. LOT (35 x 120) THAT RUNS FROM HIGHLAND TO CREST. PROPERTY IS A COMBINATION OF 2 RETAIL UNITS ON HIGHLAND AND 5 RESIDENTIAL UNITS BEHIND COMMERCIAL, GOING UP THE HILL WITH PANORAMIC OCEAN VIEWS. SOME UNITS HAVE BEEN REMODELED PROVIDING SOLID INCOME TODAY WITH THE POTENTIAL TO BUILD IN THE FUTURE. LOTS OF PARKING. VERY UNIQUE OPPORTUNITY TO OWN MIXED USE PROPERTY IN MANHATTAN BEACH. (BUYER TO VERIFY ALL POTENTIAL BUILDING POSSIBILITIES AND DIMENSIONS.)
Price
$3,700,000
Los Angeles
2,752 (approx)
SB16722189
Active
Description
7 UNIT MIXED USE PROPERTY ON AN OVERSIZED PRIME CORNER OF EL PORTO. 4200 SQ. FT. LOT (35 x 120) THAT RUNS FROM HIGHLAND TO CREST. PROPERTY IS A COMBINATION OF 2 RETAIL UNITS ON HIGHLAND AND 5 RESIDENTIAL UNITS BEHIND COMMERCIAL, GOING UP THE HILL WITH PANORAMIC OCEAN VIEWS. SOME UNITS HAVE BEEN REMODELED PROVIDING SOLID INCOME TODAY WITH THE POTENTIAL TO BUILD IN THE FUTURE. LOTS OF PARKING. VERY UNIQUE OPPORTUNITY TO OWN MIXED USE PROPERTY IN MANHATTAN BEACH. (BUYER TO VERIFY ALL POTENTIAL BUILDING POSSIBILITIES AND DIMENSIONS.)
Listing Information
Property Type: Cluster, Other
0.09 Acres 418,600 sq.ft. 2,752 (approx)
$1,344.48 1937
7 Total
Neighborhood
Room Information
Exterior / Lot Features
10 Parking Spaces
None
No Pool
35 X 120
MNCNE
Street Lights
Driving Directions
CORNER OF HIGHLAND & 40TH ST.
Financial Considerations
4137002023
$130,500 Income ,$63,550Expense
Listing Price History

Manhattan Beach Real Estate

Manhattan Beach is located in California. Manhattan Beach, California 90266 has a population of 35,226.

The median household income in Manhattan Beach, California 90266 is $134,445. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Manhattan Beach 90266 is 40.4 years.

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Courtesy: Re/Max Estate Properties Jack Cummings
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Information is deemed reliable but is not guaranteed.

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