LIFE BEYOND FIRST CLASS
FINANCE
GOLDEN
OPPORTUNITY
2700-2712 Highland Avenue, Manhattan Beach, California offers development opportunities for potential investors unparalleled in scale and scope, providing a rare chance to craft a landmark project in one of the most prestigious beachfront communities in the United States, where luxury meets lifestyle in an environment ripe for visionary real estate endeavors.
TOM HOLLAND
The property in question stands as a testament to Manhattan Beach's luxury real estate market, offering breathtaking views and a prime location that is mere steps from the Strand, sand, and surf. Spanning two parcels and encompassing 11,398 square feet of land in the coveted Sand Section, this property is one of the largest remaining sites in the area for development or renovation, according to county records.
The existing structure, a spacious apartment compound, provides 5,651 square feet of living space across both parcels. The main parcel at 2700 Highland features a 9,824 square foot lot with a 5,027 square foot living space that includes a 5-bedroom owner’s unit and four separate apartments. A fifth apartment was previously incorporated into the owner’s unit to expand its size. The adjacent parcel at 2712 Highland adds a 1,574 square foot lot with an additional 624 square feet of living space. Together, these properties offer a formidable canvas for potential investors.
In the heart of Manhattan Beach, California, an extraordinary investment opportunity beckons the astute investor. Renowned for its pristine coastline, upscale lifestyle, and vibrant community, Manhattan Beach represents the pinnacle of beach living in the United States. Nestled within this prestigious enclave, the offering at 2700-2712 Highland Avenue is a rare and unparalleled chance to own a significant piece of California's real estate treasure.
Manhattan Beach's storied past, evolving from a collection of sand dunes and summer cottages to a sought-after destination for surfers, volleyball enthusiasts, and those in pursuit of an exceptional quality of life, sets the stage for this unique investment. The community's rich history, coupled with its inclusion in the iconic Beach Boys' "Surfin' USA," has cemented its status as a cultural and recreational hub.
This exceptional offering is not merely a chance to invest in real estate; it is an opportunity to craft a bespoke vision in one of California’s most desirable locations. Whether the vision includes renovating the existing structures to their former glory or embarking on a new development project to create multiple dwellings, the potential is boundless.
Manhattan Beach continues to thrive, offering a remarkable hometown atmosphere that is both welcoming and exclusive. The area is home to historic bars, Michelin-rated restaurants, top-notch hotels, and a vibrant nightlife that contributes to its unique charm. This investment opportunity is positioned to take full advantage of the lifestyle and prestige associated with Manhattan Beach.
For affluent investors seeking to expand their portfolio with a once-in-a-lifetime real estate opportunity, 2700-2712 Highland Avenue represents a chance to be part of the inimitable Manhattan Beach community. With its spectacular views, significant lot size, and endless possibilities for development or renovation, this property is truly one of a kind. Interested parties are encouraged to seize this extraordinary chance to invest in a location that continues to rank among the top 1% of Best Places to Live in America.
For appraised value, area comps, and current pricing, please contact:
Salzman Real Estate Team
Dave Salzman/Carol Glover
Engel & Volkers LA South Bay
DRE Lic 02221898
T: 310.750.4815
E: info@salzmanteam.com
www.2700highlandmb.com