3520 Highland Avenue, Manhattan Beach, CA
3520 Highland Ave, Manhattan Beach — Office Sold $2.9M

Price
$2,900,000
Units
3
$/Unit
$966,666/unit
Type
office
Deal summary
3520 Highland Avenue, Manhattan Beach, CA is a 3-unit office property that sold for $2,900,000 ($966,666/unit) in April 2026. Cameron Samimi of Samimi CRE Advisors represented the Buyer & Seller Representation in the transaction.
The Challenge
My clients, Mark Burns and Phil Rosecu, were looking to acquire a rare office property in the highly competitive Manhattan Beach market. Such assets, especially those with multiple units offering income diversification, are seldom available and often subject to intense bidding wars.
What We Did
I leveraged my deep market knowledge and extensive network to identify an off-market opportunity at 3520 Highland Avenue. I then facilitated a meticulous due diligence process and structured an offer that compellingly addressed the seller's preferences, leading to a swift and clean negotiation.
The Result
I successfully secured the acquisition of the 1,344-square-foot, three-unit office building for my clients at a purchase price of $2,900,000. This translates to an impressive $2,157 per square foot and just under $967,000 per unit, delivering a strategic asset in a prime location to my clients' portfolio.
Verified coverage
This closing was reported by Traded (April 2026).
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