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$16,950,000
Est. payment /mo
1,574 Sqft Lot
UPDATED:
09/23/2024 06:00 PM
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB24024430
Originating Board California Regional MLS
Year Built 1950
Lot Size 1,574 Sqft
Property Description
This property presents an exceptional development or redevelopment opportunity for investors or owner user buyers. With unparalleled scale and scope, this rare chance allows for the creation of a landmark project in one of the most prestigious beachfront communities in the United States. In this environment where luxury meets lifestyle, there is immense potential for visionary real estate endeavors. County records show this is one of the largest remaining Sand Section sites for development or renovation. Situated diagonally across from the park with spectacular views of The Strand, sand, surf and Pacific Ocean. 2700 Highland is a large 9,824 sq ft parcel with 5,027 sq ft of living space. This parcel offers a spacious apartment compound with a 5-bedroom owner's unit and four separate apartments. A fifth apartment was incorporated into the owner's unit to provide the 5th bedroom. 2712 Highland is a 1,574 sq ft parcel with 624 sq ft of living space. These 2 parcels boast a total living area of 5,651 sq ft and a combined lot square footage of 11,398 sq ft. 2700 and 2712 are being co-marketed. 2700: APN #4176-020-12 is listed as MLS SB24024396. 2712: APN #4176-020-013 is listed as MLS SB24024430. The units themselves require TLC but the renovation or development potential is
Location
State CA
County Los Angeles
Area 142 - Manhattan Bch Sand
Interior
Cooling None
Exterior
Parking Features Garage
Garage Spaces 2.0
Pool None
View None
Building
Water District - Public
Others
Tax ID 4176020013
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Listed by David Salzman • Engel & Volkers LA South Bay
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Joel Martinez
Property Connection Specialist | License ID: 02338033
Property Connection Specialist License ID: 02338033