- Property Type: Mixed Use
- Price per Sqft: $1242
- Year Built: 1957
- Lot Size: 1,761 SqFt
- Acreage: 0.04
- Lot Features: 0-1 Unit/Acre, Corner Lot, Level with Street, Near Public Transit, Walkstreet
- Dryer: 1
- County: Los Angeles
- Area: 142 - Manhattan Bch Sand
Agent's remarks about 3917 Highland Ave
PRICED TO SELL!!Two adjacent parcels ( 4137 010 005 and 006)being sold together 1 block above Ocean Dr between 40th and El Porto. Both parcels are mixed use zoning. Corner parcel currently has a fully functioning laundry mat with garage access on the street level on 40th street ( see listing photos). Upper levels have 3 separate residential units: Two -2 bedroom apartments leased for 2800.00 and 3800/month, and one 3 bedroom penthouse apt at 4500/month, all with ocean views and just a short walk to the sand. All are currently leased. Additionally there is a small studio apartment that has been a weekly rental that leases out for 1500-2000/mo. Total building sq footage is 3221. Garage enters on 40th St.
The adjacent parcel, 3917 Highland is currently an empty parking lot. Seller has a person who is interested in leasing and managing the laundry business at 16K/month + 20% of gross income rate. Business plan for the laundry could generate 80K/month. Call for more info on that. Current owner has all environmental reports and inspection reports from when he purchased the property in 2011 in addition to current conceptual redesigns for a remodel.
Map location for 3917 Highland Ave
Directions: Rosecrantz to Highland Property is ocean side of H
Listing courtesy of Surterre Properties Inc. Katie Rollins BRE# 01379867
Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
The property on 3917 Highland Ave, Manhattan Beach, CA 90266 is listed for $4,000,000 as MLS #NP19073532. This 0 bedroom, 0 bathroom sqft Mixed Use built in 1957 located in Manhattan Beach, CA 90266. For more information regarding this or any other property in Manhattan Beach, please contact us at (424) 272-1339.
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