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3920 Highland Ave, Manhattan Beach, CA 90266
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3920 Highland Ave Manhattan Beach, CA 90266

$6,599,000
  • -- Beds
  • -- Baths
  • 3,400 Sq.Ft.
For Sale
$6,599,000 Get Pre-Qualified
Map preview of 3920 Highland Ave, Manhattan Beach, CA 90266

Property Overview: 3920 Highland Ave Manhattan Beach, CA has -- bedrooms, -- bathrooms, 3,400 living square feet and 4,186 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Listed by Timothy Agee | BRE #01292289 | West Shores Realty, Inc.
Last checked: 15 minutes ago | Last updated: February 22nd, 2024 | Source CRMLS | DOM: 128
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Home details

Lot Sq. Ft
4,186
HOA Dues
$0/mo
Year built
1937
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
23337155
City
Manhattan Beach
County
Los Angeles
Time on Site
142 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 3
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.31%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $218,728
  • Gross Operating Income: --
  • Laundry Income: $0
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: --
  • Trash: $2,460
  • Insurance: $8,200
  • Maintenance: $7,000
  • Other Expenses: $7,518

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Property Details for 3920 Highland Ave

Interior Features
Cooling Information
  • Has Cooling
Heating Information
  • Has Heating
Laundry Information
  • In Kitchen
Exterior Features
Exterior Information
  • Roof: Clay
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
Property Information
  • Total # of Units: 7
  • Parcel Number: 4137002023
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Take Rosecrans West to Highland and turn right heading north for two blocks
View more facts & features

Local Manhattan Beach Agent

Sale History for 3920 Highland Ave

Last leased for $5,900 on May 24th, 2022

  • December, 2023

  • Dec 12, 2023

    Date

    Expired

    CRMLS: 23309911

    $2,900

    Price

  • Sep 11, 2023

    Date

    Active

    CRMLS: 23309911

    $3,400

    Price

  • Listing provided courtesy of CRMLS

    Contact Tim for information. 310-483-6074

  • December, 2023

  • Dec 4, 2023

    Date

    Active

    CRMLS: 23337155

    $6,599,000

    Price

  • November, 2022

  • Nov 25, 2022

    Date

    Expired

    CRMLS: SB22110583

    $7,150,000

    Price

  • May 24, 2022

    Date

    Active

    CRMLS: SB22110583

    $7,150,000

    Price

  • Listing provided courtesy of CRMLS

    TWO FREE MONTHS!!! SEE 3920 Highland.com Rare multi family plus commercial building for sale within 2 blocks of the beach. Owners hold and enjoy the appreciation! BEST CAP RATE/cash flow in Manhattan Beach. Beautifully remodeled to condo quality. Great unit mix. Beautiful views from Palos Verdes to Malibu. A studio, 2 1+1s, a 2bdrm+1 ba, tiny house and two commercial units. Residential units are fully occupied. Located so close to the sand and surf, this is a high demand area with low vacancy. There is a possibility of adding an ADU. Showings available.

  • May, 2022

  • May 24, 2022

    Date

    Leased

    CRMLS: SB22090999

    $5,900

    Price

  • May 2, 2022

    Date

    Active

    CRMLS: SB22090999

    $6,900

    Price

  • Listing provided courtesy of CRMLS

    Welcome to paradise in El Porto, where world class surfers roam. Newly remodeled unit with high end appliances, quartz counter tops, Duchateau flooring, tiled bath. Relaxing peek a boo ocean view from the patio and living room. Only two blocks from the water. Awesome restaurants a block. 1 1/2 car garage. Washer and dryer in the unit.

  • May, 2022

  • May 12, 2022

    Date

    Leased

    CRMLS: SB22090961

    $4,200

    Price

  • May 2, 2022

    Date

    Active

    CRMLS: SB22090961

    $2,600

    Price

  • Listing provided courtesy of CRMLS

    Quiet and peaceful. Small cozy studio on Crest Drive. Newly remodeled with high end appliances, tiled bath, cedar closet. Parking is directly in front of the unit. Friendly neighborhood with a short walk to the beach. World class surfing. Nice restaurants a block away.

  • May, 2022

  • May 12, 2022

    Date

    Leased

    CRMLS: SB22090863

    $4,200

    Price

  • May 2, 2022

    Date

    Active

    CRMLS: SB22090863

    $4,200

    Price

  • Listing provided courtesy of CRMLS

    Fabulous Palos Verdes to Malibu Ocean View. Newly remodeled one bedroom one bath, Duchateau flooring, new appliances, tiled new bathroom. Quiet and peaceful at the top of El Porto. The unit comes with one parking space, water and trash paid by the owner and the tenant is responsible for electric and gas. Two blocks to the water.

  • May, 2022

  • May 12, 2022

    Date

    Leased

    CRMLS: SB22090985

    $3,900

    Price

  • May 2, 2022

    Date

    Active

    CRMLS: SB22090985

    $3,900

    Price

  • Listing provided courtesy of CRMLS

    Very unique small studio house with a wrap around patio on 3 sides. Newly remodeled fresh appliances, tiled bathroom, sliding doors to back patio. Great neighborhood with special restaurants a walk away, beach is 100 yards to the sand. Enjoy the peace with no tenants above or below.

  • May, 2021

  • May 24, 2021

    Date

    Active

    CRMLS: SB21110865

    $6,100

    Price

  • Listing provided courtesy of CRMLS

    $2500 for small side. $3600 for larger side. Or rent it all for $6100. 22,000 cars per day pass by this Highland Ave front commercial space. El Porto is up and coming with 5 adjacent properties all remodeling along with 79 to be built units on the corner of Rosecrans and Highland. Currently has two bathrooms, one with a shower. The owner would prefer long term leases, 5-10 years. 2 small tandem parking spaces plus 1 single for a total of 5. Much needed coffee, muffin, sandwich shop in the area. The space will be ready for occupancy around September 1.

  • May, 2021

  • May 11, 2021

    Date

    Price Change

    CRMLS: SB21100598

    $7,150,000

    Price

  • May 11, 2021

    Date

    Active

    CRMLS: SB21100598

    $6,900,000

    Price

  • Listing provided courtesy of CRMLS

    SEE 3920 Highland.com Rare multi family plus commercial building for sale within 2 blocks of the beach. Owners hold and enjoy the appreciation! BEST CAP RATE/cash flow in Manhattan Beach. Just recently beautifully remodeled. Pictures show the condo quality. Great unit mix. Beautiful views from Palos Verdes to Malibu. A studio, 2 1+1s, a 2bdrm+1 ba, tiny house and two commercial units. Units will be leased in April. Located so close to the sand and surf, this is a high demand area with low vacancy. There is a possibility of adding an ADU. Showings available.

  • August, 2019

  • Aug 11, 2019

    Date

    Expired

    CRMLS: SB19032054

    $5,700,000

    Price

  • Feb 11, 2019

    Date

    Active

    CRMLS: SB19032054

    $5,700,000

    Price

  • Listing provided courtesy of CRMLS

    Plans by renowned architect Michael Lee have been approved by the city. 2 Town homes over 2800 square feet of the first artist studio to be built in Manhattan Beach. Rules state "Work space for artists and artisans, including individuals practicing one (1) of the fine arts or performing arts, or skilled in an applied art or craft". Beautiful views from Palos Verdes to Malibu. Plans are available for viewing.

  • July, 2019

  • Jul 13, 2019

    Date

    Leased

    CRMLS: SB19116332

    $2,500

    Price

  • May 18, 2019

    Date

    Active

    CRMLS: SB19116332

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Super cute, small, amazing ocean view. 2 MONTH LEASE ONLY

  • May, 2019

  • May 24, 2019

    Date

    Leased

    CRMLS: SB19116341

    $1,600

    Price

  • May 18, 2019

    Date

    Active

    CRMLS: SB19116341

    $1,600

    Price

  • Listing provided courtesy of CRMLS

    Small, cute, 2 blocks to the beach and did I say small. 2 MONTH LEASE ONLY

  • February, 2019

  • Feb 16, 2019

    Date

    Leased

    CRMLS: SB19022151

    $2,500

    Price

  • Jan 29, 2019

    Date

    Active

    CRMLS: SB19022151

    $2,600

    Price

  • Listing provided courtesy of CRMLS

    SHORT TERM Only 2 months. Great location with visibility directly on Highland. Two units separated by a pocket sliding door. Leasing as one unit with 1 and 1/2 bathrooms. South unit has a shower. The property has been approved for construction and will begin most likely in May.

  • February, 2019

  • Feb 7, 2019

    Date

    Expired

    CRMLS: SB18248714

    --

    Price

  • Nov 21, 2018

    Date

    Withdrawn

    CRMLS: SB18248714

    --

    Price

  • Oct 12, 2018

    Date

    Active

    CRMLS: SB18248714

    --

    Price

  • Listing provided courtesy of CRMLS

    TWO AND ONE HALF MONTHS POP UP. Cute space with bathroom, no shower or tub. one tandem parking behind the building.

  • June, 2017

  • Jun 27, 2017

    Date

    Sold (Public Records)

    Public Records

    $3,200,000

    Price

  • June, 2013

  • Jun 28, 2013

    Date

    Sold (Public Records)

    Public Records

    $1,995,000

    Price

Show More

Tax History for 3920 Highland Ave

Assessed Value (2020): $3,396,664
Year Land Value Improved Value Assessed Value
2020 $2,228,536 $1,168,128 $3,396,664

Home Value Compared to the Market

This property vs the competition

3920 Highland Ave is listed 53.64% higher than the median list price for the city of Manhattan Beach which has a median list price of $4,295,000. The median price per/sqft for Manhattan Beach is $1,492 and this home is listed at $1940.88 per/sqft which puts the price per square foot 30.09% higher than the median price per square foot for the city of Manhattan Beach.

About 3920 Highland Ave

Detailed summary of property

3920 Highland Ave is a mixed use located in Manhattan Beach, CA 90266 and is currently for sale. This mixed use property offers -- bedrooms, -- bathrooms, roughly 3,400 living square feet, and sits on an approximately 4,186 square foot lot. 3920 Highland Ave was first listed on ArdentRealEstateGroup.com on December 5, 2023. The homeowner is currently asking $6,599,000. The median priced home in Manhattan Beach is $4,295,000 with a median price per square foot of $1,492. Based on Ardent Real Estate Group's Manhattan Beach Market Data, this home is listed 53.64% higher than the median priced home. Local competing homes currently for sale include 417 Main St, 544 N Rimsdale Ave and 452 Victoria St. While the average home in Manhattan Beach, CA is selling in 104 days, 3920 Highland Ave has a days on market of 128 days. There are currently 92 homes for sale in the Manhattan Beach real estate market and 78 of them are single family homes while 0 of them are condos and 14 are townhomes. For more information on this home for sale at 3920 Highland Ave Manhattan Beach, CA 90266 contact Ardent Real Estate Group and we will put you in touch with one of our Manhattan Beach agents.

Public Facts for 3920 Highland Ave

Public county record property details
Beds
4
Baths
5
Year built
1937
Sq. Ft.
2,752
Lot Size
4,185
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
4137-002-023

The source for these homes facts are from public records.

90266 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,295,000
Median List Price/Sq.Ft.
$1,492
Median Sold Price
$2,349,750
Median Sold Price/Sq.Ft.
$1,284
Total Inventory
92
Median Sale to List Price %
94.37%
Avg Days on Market
48
Loan Type
Conventional (30%), FHA (0%), VA (0%), Cash (40%), Other (30%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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