PROPERTY DESCRIPTION

This property presents an exceptional development or redevelopment opportunity for investors or owner user buyers. With unparalleled scale andscope, this rare chance allows for the creation of a landmark project in one of the most prestigious beachfront communities in the United States. Inthis environment where luxury meets lifestyle, there is immense potential for visionary real estate endeavors. County records show this is one ofthe largest remaining Sand Section sites for development or renovation. Situated diagonally across from the park with spectacular views of TheStrand, sand, surf and Pacific Ocean. 2700 Highland is a large 9,824 sq ft parcel with 5,027 sq ft of living space. This parcel offers a spaciousapartment compound with a 5-bedroom owner's unit and four separate apartments. A fifth apartment was incorporated into the owner's unit toprovide the 5th bedroom. 2712 Highland is a 1,574 sq ft parcel with 624 sq ft of living space. These 2 parcels boast a total living area of 5,651 sq ftand a combined lot square footage of 11,398 sq ft. 2700 and 2712 are being co-marketed. 2700: APN #4176-020-12 is listed as MLS SB24024396.2712: APN #4176-020-013 is listed as MLS SB24024430. The units themselves require TLC but the renovation or development potential isunmatched in the Sand Section. Proforma rents are based on post renovation condition. Properties are offered together, if interested in purchasingas separate parcels, please contact listing agents. Building images are conceptual only. Tenant occupied, please do not disturb tenants.