Listing provided courtesy of Woody Stahl of Lyon Stahl Investment Real Est. Last updated 2024-06-16 08:11:30.000000. Listing information © 2024 Sandicor.

Asking Price: $6,390,000

3921 Highland, Manhattan Beach CA 90266

Community: ​142 - Manhattan Bch Sand

This Commercial/Residential property was built in 1935 and is priced at $6,390,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: PW24098173
  • Type: Commercial/Residential
  • Year Built: 1935
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.

Call or Email Kristina Buckner now to inquire about this property

(619) 612-0760