Asking Price: $3,449,000

Two blocks from the beach, surrounded by a vibrant retail scene, this four-unit property offers the opportunity to unlock significant upside potential through strategic renovation and repositioning. Separated into two structures, there is a ground-floor commercial space on Highland Avenue, and above it, a spacious 2-bedroom, 1-bathroom apartment boasts its own private outdoor living area. The rear building on Crest Drive hosts a cozy 1-bedroom, 1-bathroom unit with a private patio, and above it, spectacular unobstructed ocean views from Catalina to Malibu are enjoyed in the 3-bedroom, 2-bathroom unit. With strong rental demand and endless lifestyle appeal, this property offers both steady income today and exceptional upside for tomorrow in one of Southern California’s most coveted coastal markets. Recent improvements include exterior paint, interior updates and a complete refresh of the property.