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$16,950,000
Est. payment /mo
5,027 SqFt
UPDATED:
09/23/2024 08:42 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,027 sqft
Price per Sqft $3,371
MLS Listing ID CRSB24024396
HOA Y/N No
Year Built 1948
Lot Size 9,824 Sqft
Acres 0.23
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 unmat
Location
State CA
County Los Angeles
Area Listing
Zoning MNRH
Interior
Heating Forced Air
Cooling None
Fireplace No
Laundry Inside
Exterior
View Y/N true
View Greenbelt, Panoramic, Water, Other, Ocean
Building
Lot Description Corner Lot, Other, Back Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 4176020012
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Listed by David Salzman • Engel & Volkers LA South Bay
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