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Listed by David Salzman • Engel & Volkers LA South Bay
$ 16,950,000
Est. payment | /mo
624 SqFt
$ 16,950,000
Est. payment | /mo
624 SqFt
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 624 sqft
Price per Sqft $27,163
MLS Listing ID CRSB24024430
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1950
Lot Size 1,574 Sqft
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
Interior
Cooling No Air Conditioning
Fireplace No
Laundry See Remarks
Exterior
View None
Building
Lot Description Other
Water Public
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Melanie Peterson-Katz
Partner | Lic# 00890767