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.
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
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
YEAR
PROP. TAX
ASSESSMENT
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.
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NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
Grand View Elementary School
455 24th St
Distance between this listing and this school0.15 miles
Public District Grades KG-5
9
/10
Pacific Elementary School
1200 Pacific Ave
Distance between this listing and this school0.81 miles
Public District Grades KG-5
9
/10
Robinson Elementary School
80 Morningside Dr
Distance between this listing and this school1.34 miles
Public District Grades KG-5
Nearby Schools
8
/10
El Segundo Middle School
332 Center St
Distance between this listing and this school1.83 miles
Public District Grades 6-8
9
/10
Manhattan Beach Middle School
1501 N Redondo Ave
Distance between this listing and this school1.84 miles
Public District Grades 6-8
9
/10
Hermosa Valley School
1645 Valley Dr
Distance between this listing and this school2.26 miles
Public District Grades 5-8
Nearby Schools
9
/10
Mira Costa High School
1401 Artesia Blvd
Distance between this listing and this school2.04 miles
Public District Grades 9-12
10
/10
El Segundo High School
640 Main St
Distance between this listing and this school2.05 miles
Public District Grades 9-12
3
/10
Arena High (Continuation)
630 Arena St
Distance between this listing and this school2.05 miles
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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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.