3917 Highland Avenue
Manhattan Beach, CA 90266

$4,000,000

Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Listing image thumbnail
Status Active
Listing Commercial
Style Other
Year Built 1957
MLS® NP19073532
Original Listing Open Link
Commercial For Sale

Property Features
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.
Key Features
Property Type Commercial
Year Built 1957
Style Other
Exterior Features
Roof Unknown
The Neighborhood
County Los Angeles

Disclaimer: Copyright © 2019 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Interested in this listing?
Listing Agent
Katie Rollins
Surterre Properties Inc.
Direct: 949-293-0594
Broker: 949-717-7100
By clicking "submit" you agree to receive electronic communications in response to your request from NewPoint Media Group or the information provider.
Contact
Listing Agent
Katie Rollins
Surterre Properties Inc.
Direct: 949-293-0594
Broker: 949-717-7100
By clicking "submit" you agree to receive electronic communications in response to your request from NewPoint Media Group or the information provider.
Mortgage Calculator
$

$ - / mo

Total no. of payments: -

Advertiser Center

How To Advertise

Stand out and get more results with a multimedia marketing strategy from The Real Estate Book.

View Our Media Kit
Publishing Opportunities

We're expanding. Start your own real estate marketing business today! New and existing markets available now.

Learn more
Current Advertisers

Create and manage your ads and listings, access Lead Activity Results and your TREB Mobile Agent account.

Log in
Information deemed reliable but not guaranteed. All measurements are approximate. MLS® numbers are provided where available. NewPoint Media Group, LLC is not affiliated or associated with The Canadian Real Estate Association or any other owner of the MLS® word or design mark in any geographic area.