
3921 Highland Ave Manhattan Beach, CA 90266
Estimated payment $34,826/month
Highlights
- Corner Lot
- Laundry Room
- 1-Story Property
- Grand View Elementary School Rated A
About This Home
Welcome to 3921 Highland Avenue, an exceptional mixed-use property nestled in the highly sought after City of Manhattan Beach. Offering a perfect blend of residential comfort, and lucrative business potential, this property provides a rare opportunity to own a prime piece of real estate in one of California’s most vibrant and desirable beach communities! The first level has two rentals that include a private corner office space and a fully leased, established laundromat that offers both a steady source of rental income and added convenience for the community. With a thriving business in place, the commercial spaces also bring reliable cash flow that makes this property an attractive investment. On the second level there are 3 remodeled residential units (2bd/1bth, 2bd/1bth plus den, and a Studio Apt). Each unit was designed with stylish finishes and functionality in mind. The top-floor penthouse is a true standout, offering breathtaking panoramic views of the Pacific Ocean from Palos Verdes to Malibu. The sale also includes the neighboring property at 3917 Highland Avenue, bringing the total lot size to 3,576 square feet. This expansion provides 10 parking spaces and a potential for growth, additional amenities, or even further development opportunities. Zoned to allow short-term rentals, this property holds enormous potential for those looking to take advantage of the lucrative vacation rental market in Manhattan Beach. Located just moments away from the iconic Manhattan Beach Pier, shops, restaurants, and the beach, 3921 Highland Avenue offers an incredible lifestyle in a highly coveted area. Whether you are an investor seeking diverse income streams or a homeowner looking to live in one of the Southern California's most beautiful coastal cities, this property is a must-see!
Listing Agent
Palm Realty Boutique, Inc. Brokerage Phone: 310-678-7158 License #01313739 Listed on: 03/20/2025

Property Details
Home Type
- Multi-Family
Year Built
- Built in 2021
Lot Details
- 3,576 Sq Ft Lot
- No Common Walls
- Corner Lot
Parking
- 10 Open Parking Spaces
- 2 Car Garage
Interior Spaces
- 3,221 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Legal Lot and Block 1 / 2
- Tax Tract Number 4103
- Assessor Parcel Number 4137010005
- $2,366 per year additional tax assessments
Community Details
Overview
- 6 Units
Building Details
- 6 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 6 Separate Water Meters
- Electric Expense $1,528
- Insurance Expense $6,325
- Maintenance Expense $6,000
- Other Expense $3,530
- Trash Expense $2,769
- Water Sewer Expense $1,321
- New Taxes Expense $68,125
- Operating Expense $89,598
- Gross Income $316,050
- Net Operating Income $226,464
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/25/2025 07/25/25 | Price Changed | $5,339,000 | -2.0% | $1,658 / Sq Ft |
03/20/2025 03/20/25 | For Sale | $5,450,000 | -- | $1,692 / Sq Ft |
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25058788

- 225 El Porto St Unit 227A
- 3915 Crest Dr
- 3915 Crest Dr
- 209 39th St Unit 209
- 4017 Highland Ave
- 203 41st St
- 112 38th St Unit B
- 112 38th St Unit B Upper Unit
- 129 Moonstone St
- 219 42nd St Unit 219
- 225 42nd St
- 201 42nd St Unit 201 42nd St. MB
- 328 Rosecrans Ave
- 3616 The Strand Unit C
- 4209 The Strand
- 3604 Alma Ave Unit C
- 3604 Alma Ave Unit B
- 133 43rd St Unit BeachStudio
- 436 Rosecrans Ave Unit B
- 216 44th St Unit 218