4404 Highland AVE Manhattan Beach, CA 90266
Active
$2,999,000
3 Units
5 Beds
3 Baths
2,263 Area(sq.ft.)
1,930 Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
Unit 1 | 1 | 1 | 1 | $ 3,000 | $ 3,000 | $ 3,000 | |
Unit 2 | 1 | 2 | 1 | Yes | $ 6,000 | $ 6,000 | $ 6,000 |
Unit 3 | 1 | 2 | 1 | Yes | $ 6,000 | $ 6,000 | $ 6,000 |
3 | 3 | 5 | 3 | $ 15,000 | $ 15,000 | $ 15,000 |
MLS #: | SB24248132MR |
Days On Market: | 5 |
County: | Los Angeles |
Property Type: | Residential Income |
Price per ft2: | $ 1,325 |
Price per unit: | $ 999,667 |
Year Built: | 1959 |
Property Details
Welcome to 4404 Highland Ave, an exceptional triplex in the heart of Manhattan Beach. Fully remodeled and thoughtfully designed, this property features three updated units, each with a fully equipped kitchen, modern amenities, and luxurious finishes for a move-in-ready experience offering both comfort and convenience for residents or guests. The ground-level unit includes one bedroom and one bathroom, while the second-level unit boasts two bedrooms, one bathroom, a spacious balcony, and captivating ocean views. The top unit, also a two-bedroom, one-bath layout, showcases breathtaking panoramic ocean vistas. Each unit is equipped with air conditioning and in-unit laundry for ultimate convenience. Units A and B will be delivered fully furnished, while Unit C will be partially furnished. This property is solar-ready and features a new 400-amp electrical service, making it energy-efficient and future-ready. Additional upgrades include new windows and a newly constructed retaining wall that enhances both aesthetics and durability. With five parking spaces two in the driveway and three available through an annual lease parking is never an issue. Located just steps from the ocean, this triplex embodies the quintessential Manhattan Beach lifestyle. Situated in the Coastal Zone, it is currently operating as a short-term rental, offering endless opportunities for the next owner. Whether you're seeking a prime investment or a dream coastal residence, 4404 Highland Ave is a rare find in one of the most sought-after neighborhoods.Interested in this Listing?
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Income Details
Rent Control: | Yes |
Total Annual Expense: | $ 9,936 |
Net Operating Income: | $ 139,000 |
Structure
Community Features: | Biking, Curbs, Watersports, Sidewalks |
Sewer: | Public Sewer |
View Description: | Ocean |
Water: | Public |
Land & Parking
Zoning: | MNRH |
Land Lease Type: | Fee |
Interior
AC/Cooling: | Ductless |
Equipment: | Dryer, Dryer Included, Inside, Laundry Closet Stacked, Refrigerator, Stackable W/D Hookup, Washer, Washer Included |
Fireplace Rooms: | None |
Laundry: | Dryer, Dryer Included, Inside, Laundry Closet Stacked, Stackable W/D Hookup, Washer, Washer Included |
Exterior
Pool: | No |
Detailed Map
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