3921 Highland Ave | Manhattan Beach, CA 90266
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- LoopNet Team
3921 Highland Ave
Manhattan Beach, CA 90266
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Purchase a one-of-a-kind mixed-use asset offering panoramic ocean views, steady cash flow, expansion potential, and great frontage.
- 3921 Highland Avenue is a three-story building with ground-level retail & office areas, a second-floor residential unit, and a third-floor penthouse.
- Includes a short-term rental zoned excess lot, currently used as a parking lot with 10 spots, providing room for additional amenities and growth.
- Prominent corner lot in a high performing location with excellent visibility, over 63,153 tourists, residents, and shoppers pass through daily.
- Irreplicable location in the region’s commercial corridor, where many enjoy beach volleyball, surfing, upscale boutique shopping, & oceanfront dining.
- Nestled within a dense residential neighborhood, with over 139,082 households within a 5-mile radius, making an average household income of $159,219.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,221 SF
Building Class
C
Year Built/Renovated
1935/2021
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.90
Lot Size
0.08 AC
Zoning
MNCNE - Zoned MNCNE (Manhattan Beach Neighborhood Commercial East)which allows for a mix of commercial/residential uses INCLUDING short-term rentals.
Parking
10 Spaces (3.1 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Waterfront
- Balcony
PROPERTY TAXES
| Parcel Number | 4137-010-005 | Improvements Assessment | $762,839 |
| Land Assessment | $2,288,516 | Total Assessment | $3,051,354 |
PROPERTY TAXES
Parcel Number
4137-010-005
Land Assessment
$2,288,516
Improvements Assessment
$762,839
Total Assessment
$3,051,354
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