8 months on rocket

2712 Highland Ave, Manhattan Beach, CA, 90266

$16,950,000

1 Bedroom
1 Full Bath
624 SqFt
$27,163/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Garage2 spaces
Year Built1950
CoolingNone
FireplaceNone
ViewNone
MLS #SB24039715
Lot Size0.04 Acres
StatusActive

About 2712 Highland Ave

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 unmatched in the Sand Section. Proforma rents are based on post renovation condition. Properties are offered together, if interested in purchasing as separate parcels, please contact listing agents. Building images are conceptual only. Tenant occupied, please do not disturb tenants.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 2
  • Living Area: 624 SqFt

Listing Office:

  • Office Name: Engel & Volkers LA South Bay
  • Office Email: dave@davesalzman.com
  • Listing Agent: David Salzman

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage

Virtual/3D Tour

  • Virtual Tour: 2712 Highland Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: 27th & Highland

Price Information

Listing Price Info

Price Summary:

  • List Price: $16,950,000
  • Price Per SqFt: $27,163/SqFt

Tax Information:

  • Annual Amount: $1,770
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Manhattan Beach, CA.

Med. Sold Price

$2.9M

Med. Price/SqFt

$1,299

Avg. Days On Market

48

# of Sold Homes

39

2712 Highland Ave vs Manhattan Beach

261 DAYS ON ROCKET

+213 Days

$16,950,000

+$13.9M More

$27,163/SqFt

+$25.8K More

KEY TAKEAWAY

This property is $13.9M more than the Median Sold Price and $25.8K/SqFt more than other homes in Manhattan Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24039715

Listing Office:

  • Office Name: Engel & Volkers LA South Bay
  • Office Email: dave@davesalzman.com
  • Listing Agent: David Salzman

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,770$113,648
2020$1,732$112,484
2019$1,685$110,280
2018$1,436$108,119
2017$1,436$106,000

History based on county public records data.

Payment Calculator

$84.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$50.8K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-471860
10
/10
  • Grand View Elementary School

  • 455 24th St

  • 0.15 miles

  • Public District Grades KG-5

school-card-donut-471861
9
/10
  • Pacific Elementary School

  • 1200 Pacific Ave

  • 0.81 miles

  • Public District Grades KG-5

school-card-donut-471862
9
/10
  • Robinson Elementary School

  • 80 Morningside Dr

  • 1.34 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $126,705. The majority of Manhattan Beach, CA residents have income between $100k-200k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2712 Highland Ave

What is the listing price of this property?

The listing price of 2712 Highland Ave property is $16,950,000.

What type of property is this?

The property 2712 Highland Ave is a house located in Manhattan Beach, California, 90266.

Is this property for sale now?

Active Listing: 2712 Highland Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,770 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2712 Highland Ave has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 2712 Highland Ave is 624 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2712 Highland Ave is 1950.
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Rocket HomesCaliforniaLos Angeles CountyManhattan Beach902662712 Highland Ave

This home is located at 2712 Highland Ave in Manhattan Beach, CA and zip code 90266 in the Manhattan Beach Sand neighborhood. This 624 square foot home, which was built in 1950, sits on a 0.04 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $16,950,000.

Over 7 listings were sold over their listed price in October 2024 in Manhattan Beach, CA. In the same period over 28 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in Manhattan Beach, CA decreased by 1.4% between September 2024 and October 2024. In October 2024, listings were on the market for 48 days. During the same period, the median list price in this real estate market was $2,975,000.

From Rocket Homes Real Estate and based on county public records data.

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