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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Jonathan Coleman, DRE #00808758 • Beach City Brokers

$ 3,650,000

Est. payment | -/mo

8,753 Sqft Lot

Save

$ 3,650,000

Est. payment | -/mo

Save

8,753 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID CRSB26012312

Lot Size 8,753 Sqft

Property Sub-Type Other Residential Land

Source California Regional MLS

Property Description

Special opportunity in the heart of Manhattan Beach. This is a triple corner development site offering 8,753 sq. ft. with approximately 79 feet of frontage and 107 feet of depth. Like going back in time, reminiscent of vintage Old Hollywood boutique-style offices and retail spaces, there are two one story buildings positioned on either side of a lush central garden courtyard, with a 13-car parking lot located at the rear. There are two lots fronting Manhattan Beach Blvd to the corner, which have the two buildings and the garden area and a third lot off of Pine Ave which is the large parking lot which runs behind the two buildings. The property is commercially zoned and located within a City of Manhattan Beach overlay district that permits residential development, so it presents a compelling redevelopment opportunity. One potential configuration includes a single-family residence on the rear Pine Avenue lot, with four townhomes on the two Manhattan Beach Boulevard front lots, According to City guidelines the city told me that condominium development may only require approximately 850 sq. ft. of land per unit, so if the parcels were merged, a higher-density 10-unit condominium project may be possible. Additional development alternatives may include mixed-use projects or continued c

Location

State CA

County Los Angeles

Area 143 - Manhattan Bch Tree

Zoning PRKG

Exterior

Utilities Available Telephone - Not On Site

View None

Building

Water District - Public

Others

Tax ID 4170010017

Special Listing Condition Accepting Backups

NEARBY SCHOOL & BUSINESS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

947 Manhattan BCH Manhattan Beach, CA 90266