$6,390,000
Active
16 Days Online
0 Beds0 Baths3,221 SQFT
Active

3921 Highland Manhattan Beach, CA 90266

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Unique mixed-use DOUBLE LOT property on Highland Ave in Manhattan Beach's desirable El Porto neighborhood. This gem features 4 Units + Retail, including a fully leased laundromat on the ground floor. The top floor boasts a beautifully remodeled penthouse studio with breathtaking panoramic views stretching from Palos Verdes to Malibu, currently utilized for AirBNB – as Manhattan Beach is one of the few LA cities that allows for short-term rentals in its coastal zone! This property is a short-term rental GEM, offering a 7% Proforma Return with AirBNB Income. It also generates strong rental income with the other fully-leased units. The adjacent property at 3917 Highland Ave is included in the sale, combining for a total lot size of 3, 576 square feet – making this an incredible opportunity for an investor to add a sought-after legacy property and rare double lot to their portfolio.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site16 Days
  • MLS StatusActive
  • MLS ID NumberPW24098173
  • Home Size Source N/A
  • Year Built1935
  • Lot Size0.0821 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Parking Space
  • Parking Spaces 10
  • Sewer Public Sewer
  • Number of Stories 3
  • Acreage 0.0821
  • Water Public
  • Garage Spaces 1
  • Zoning MNCNE
  • Listing Conditions Standard

Interior Features

  • Fireplace Features None
  • Laundry Features Community
  • Fireplace No

Exterior Features

  • Pool Features None
  • Lot 6-10 Units/ Acre

Community Features

  • Community Features Biking
  • Senior Community No
  • MLS Area 142 - Manhattan Bch Sand

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Monthly Payment (Est.)

$34,113
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