Manhattan Beach, CA 90266,947 Manhattan Beach
Manhattan Beach, CA 90266,947 Manhattan Beach
Manhattan Beach, CA 90266,947 Manhattan Beach
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Terrance Scotton

Terrance Scotton

+1(626) 788-9299
$4,950,000
Est. payment /mo
8,751 Sqft Lot
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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26012312

HOA Y/N No

Lot Size 8,751 Sqft

Lot Dimensions Assessor

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 commercial use. Subject to buyer verification and City of Manhattan Beach approval. The property currently consists of five units with long term tenants, in a combination of retail and office space, offering excellent visibility and access. This prime coastal location is comprised of 943 & 947 Manhattan Beach Blvd. and 1137 Pine Ave. Please!!! Do not walk the property or disturb the tenants who are running their business daily

Location

State CA

County Los Angeles

Area 143 - Manhattan Bch Tree

Zoning MNCL

Interior

Fireplace No

Exterior

Community Features Curbs, Street Lights, Suburban, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N No

View None

Building

Lot Description Corner Lot

Water Public

New Construction No

Others

Senior Community No

Tax ID 4170010017

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Trust

Read Less Info
CRMLS – RECore
Listed by Jonathan Coleman Beach City Brokers 310-991-0929

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    Grand View Elementary School

    Public | KG - 5

  • 10

    Center Street Elementary School

    Public | KG - 5

  • 10

    Hermosa View Elementary School

    Public | KG - 2

  • 9

    Richmond Street Elementary School

    Public | KG - 5

  • 9

    Robinson Elementary School

    Public | KG - 5

  • 9

    Pacific Elementary School

    Public | KG - 5

  • 9

    Hermosa Valley Elementary School

    Public | 3 - 8

  • 9

    Meadows Elementary School

    Public | KG - 5

  • 9

    Pennekamp Elementary School

    Public | KG - 5

  • 9

    Beryl Heights Elementary School

    Public | KG - 5

  • 9

    Jefferson Elementary School

    Public | KG - 5

  • 9

    Da Vinci Innovation Academy

    Public | KG - 8

  • 9

    Towers Elementary School

    Public | KG - 5

  • 9

    Lincoln Elementary School

    Public | KG - 5

  • 8

    Birney Elementary School

    Public | KG - 5

  • 8

    Madison Elementary School

    Public | KG - 5

  • 8

    Victor Elementary School

    Public | KG - 5

  • 8

    Washington Elementary School

    Public | KG - 5

  • 7

    Peter Burnett Elementary School

    Public | 3 - 5

  • 7

    Juan de Anza Elementary School

    Public | KG - 5

Middle Schools 10
  • 10

    Manhattan Beach Middle School

    Public | 6 - 8

  • 9

    El Segundo Middle School

    Public | 6 - 8

  • 9

    Parras Middle School

    Public | 6 - 8

  • 9

    Richard Henry Dana Middle School

    Public | 6 - 8

  • 9

    Adams Middle School

    Public | 6 - 8

  • 8

    Bert Lynn Middle School

    Public | 6 - 8

  • 6

    Jane Addams Middle School

    Public | 6 - 8

  • 0

    Fusion Academy South Bay

    Private | 6 - 12

  • 0

    Redondo Beach Learning Academy

    Public | 8 - 12

  • 0

    Hawthorne Academy

    Private | 7 - 12

High Schools 16
  • 10

    El Segundo High School

    Public | 9 - 12

  • 10

    Mira Costa High School

    Public | 9 - 12

  • 10

    Hawthorne Math and Science Academy

    Public | 9 - 12

  • 9

    Redondo Union High School

    Public | 9 - 12

  • 9

    Da Vinci Science

    Public | 9 - 12

  • 9

    West High School

    Public | 9 - 12

  • 7

    Da Vinci Design

    Public | 9 - 12

  • 6

    Environmental Charter High School

    Public | 9 - 12

  • 5

    Lawndale High School

    Public | 9 - 12

  • 4

    Arena High (Continuation)

    Public | 9 - 12

  • 2

    Hawthorne High School

    Public | 9 - 12

  • 1

    Centinela Valley Independent Study

    Public | 9 - 12

  • 0

    Vistamar School

    Private | 9 - 12

  • 0

    Redondo Shores High (Continuation)

    Public | 9 - 12

  • 0

    Family First Charter

    Public | 9 - 12

  • 0

    R. K. Lloyde High School

    Public | 9 - 12

School and business data provided by Attom Data.

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Terrance Scotton

Terrance Scotton

+1(626) 788-9299

Real Estate Broker and Mortgage Broker | License ID: 01707848 NMLS: 908256

Real Estate Broker and Mortgage Broker License ID: 01707848 NMLS: 908256

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