Bought with Robert Freedman • DOMO Real Estate
$4,750,000
$4,990,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
3921 Highland Avenue Manhattan Beach, CA 90266
3,221 SqFt
Key Details
Sold Price $4,750,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,221 sqft
Price per Sqft $1,474
MLS Listing ID CRSB25058788
Year Built 2021
Lot Size 3,576 Sqft
Property Sub-Type Other
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
Location
State CA
County Los Angeles
Interior
Laundry See Remarks
Building
Lot Description Corner Lot
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