3917-& 3921 Highland Avenue

    Manhattan Beach, CA 90266
    • $4,000,000
    • STATUS: Active
    • ON SITE: 225 days
    • ID#: NP19073532
    $4,000,000
    • 0
      BEDS
    • 0.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,221
      SQFT
    • $1,242
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1957
    County:

    School Ratings & Info

    Description

    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.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-14T00:33:02.647. 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 deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/93301898

    3917-& 3921 Highland Avenue Manhattan Beach, CA 90266

    • Price: $4,000,000
    • Status: Active
    • ID#: NP19073532
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.04
    Acres
    3,221
    SQFT
    $1,242
    $/SQFT
    1957
    Built
    Neighborhood:
    142 - Manhattan Bch Sand
    County:
    Los Angeles
    Area:
    142 - Manhattan Bch Sand
    Property Description
    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.
    Exterior Features

    Lot Features 0-1 Unit/AcreCorner LotLevel With StreetNear Public TransitWalkstreet Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features Individual RoomInside

    Property Features

    Additional Parcels Description 4137010005 Additional Parcels YN Yes Building Area Units Square Feet Building Status Existing Country Us Land Use OtherRetail Laundry YN Yes Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Mixed Use Special Listing Conditions Standard Water Source Public

    Listing provided courtesy of Katie Rollins of Surterre Properties Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-14T00:33:02.647. 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 deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
    Allison James Estates and Homes
    31213 Temecula Parkway
    Temecula CA, 92592