3921 Highland Ave - Storefront Retail/Residential FOR SALE
Manhattan Beach, CA 90266 |
3921 Highland Ave
Manhattan Beach, CA 90266
HIGHLIGHTS
- Purchase a one-of-a-kind mixed-use asset offering panoramic ocean views, steady cash flow, expansion potential, and great frontage.
- Prominent corner lot in a high performing location with excellent visibility, over 63,153 tourists, residents, and shoppers pass through daily.
- 3921 Highland Avenue is a three-story building with ground-level retail & office areas, a second-floor residential unit, and a third-floor penthouse.
- Irreplicable location in the region’s commercial corridor, where many enjoy beach volleyball, surfing, upscale boutique shopping, & oceanfront dining.
- Includes a short-term rental zoned excess lot, currently used as a parking lot with 10 spots, providing room for additional amenities and growth.
- Nestled within a dense residential neighborhood, with over 139,082 households within a 5-mile radius, making an average household income of $159,219.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
ADD'L SUBTYPES
Convenience Store, Storefront Retail/Office, Office/Residential
TOTAL BUILDING SIZE
3221
STORIES
3
YEAR BUILT
1935
SPRINKLERS
-
PARKING SPACES
10
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
4137-010-005,4137-010-006
