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2201 Highland Ave 3,535 SF 100% Leased Retail Building Manhattan Beach, CA 90266 $3,264,744 CAD ($923.55 CAD/SF)
Investment Highlights
- 50% ownership interest
- Built in 2007
- 3 units (one restaurant 1,535 SF + patio + Two apartments with Ocean View Patios
- All 3 patios have unblockable Ocean Views
- 13 car parking
- AirBnb upside potential
Executive Summary
I will be selling 50% interest in this property (Asking $2.6M for 50% equity interest).
Value of entire (100%) building is $6.8M. 1st TD is approximately $1.25M.
AirBnb upside potential.
Value of entire (100%) building is $6.8M. 1st TD is approximately $1.25M.
AirBnb upside potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,535 SF
Building Class
B
Year Built
2007
Price
$3,264,744 CAD
Price Per SF
$923.55 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.99
Lot Size
0.08 AC
Zoning
MNCL - Manhattan Beach Mixed Use
Parking
13 Spaces (3.68 Spaces per 1,000 SF Leased)
Frontage
92’ on Highland Ave
Amenities
- Signalized Intersection
Walk Score®
Very Walkable (76)
Nearby Major Retailers
Property Taxes
| Parcel Number | 4177-019-026 | Improvements Assessment | $991,689 CAD |
| Land Assessment | $3,030,696 CAD | Total Assessment | $4,022,385 CAD |
Property Taxes
Parcel Number
4177-019-026
Land Assessment
$3,030,696 CAD
Improvements Assessment
$991,689 CAD
Total Assessment
$4,022,385 CAD
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Presented by
Condor Realty
2201 Highland Ave
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