4210 The Strand

Manhattan Beach, CA 90266 View Map $6,499,000 Schedule a Tour
Beds5
Baths2Full23/4
Sq.Ft.2,392
Year1930
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Status: Active
Property Type:Duplex
MLS #:SB23221862
Sq. Feet:2,392
On Site:128 Days
Lot Size:3,505 Sq. Ft.
County:Los Angeles
Attention investors, owner-users & developers... Welcome to your future beachfront investment opportunity! This legal duplex, sitting on a spacious 3,505 sq.ft. lot, is not just a property; it's a canvas for your vision. Unlike properties with 3 or more units, this gem can be fully developed to unlock its potential. Seller may carry paper on the sale.

The front 3-bedroom, 2-bathroom house is operating as a licensed vacation rental yielding an average monthly income of $15,600, while the rear structure is leased at $5,600 per month. Nestled between them is a courtyard, offering parking for three cars.

What sets this property apart is the rare combination of Residential High Density Zoning and a larger lot size. The lot, measuring 33' x 105' is among the larger of lot sizes on The Strand (most others measure 100' in depth). These distinctive features open the door to building two sizeable condominiums (one above the other or side-by-side), a prospect not possible on the majority of Strand properties. Look no further than the recent sale of two condos on the same size lot located a couple blocks to the south, fetching nearly $16 million combined, and spanning appx. 7,000 sq.ft. (4016 The Strand $8.25M; 4018 The Strand $7.6M). Develop and sell one unit to subsidize your ownership of the other. Or you can build an even larger single family home + ADU. Buyer to verify with City.

Perched atop a world-renowned surfing beach, this property not only promises a solid investment but also convenience with easy access to LAX and the West Side. Take a leisurely 5-minute stroll to enjoy the restaurants and cafes of the North End or hop on a bike for a quick 7-minute ride to the iconic Manhattan Beach Pier, surrounded by some of the South Bay's finest shopping and dining experiences. Undergrounding of electric lines in the adjacent neighborhood further buttresses the rising value of this location. Seize this opportunity to blend development potential, reliable rental income, and the laid-back coastal lifestyle you've been dreaming of.

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$000 Monthly Payment
Loan and interest only.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
2/10/2024$6,750,000$6,499,000-3.7%

Community Information

Address:4210 The Strand, Manhattan Beach, CA 90266
Zip Code:90266

School Information

School System:Manhattan Unified
High School:Mira Costa
Middle School:Manhattan Beach

Architecture

Bedrooms: 5
Bathrooms: 2 Full / 2 Three-Quarter
Year Built:1930
Stories:2
Style:Duplex
Total Units: 2
Stories Total: 2

Features / Amenities

Interior Features: Balcony, Bedroom on Main Level
Laundry: Common Area
Spa: Above Ground
Direction Faces: West
Door Features: Sliding Doors
Entry Level: 1
Entry Location: The Strand
Other Structures: Two On A Lot
Private Spa: Yes
Common Walls: No Common Walls
Parking Features: Driveway, On Site, Uncovered
Open Parking Spaces: 3.0
Parking Total: 3.0

Rooms

Features
BedroomBedroomonMainLevel

Property Features

Lot Size: 0.08 Acres / 3,505 Sq. Ft.
Lot Features: Gentle Sloping
Waterfront: Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side Of Freeway, Ocean Side Of Highway
View: Catalina, City Lights, Coastline, Ocean, Panoramic, Pier, Water
Sewer: Public Sewer
Water: Public
Zoning:MNRH
Directions:From the Pacific Ocean, look east.

Tax and Financial Info

Terms: Cash, CashtoNewLoan, Conventional, OwnerWillCarry
Land Lease: No
Buyer Agency Compensation: 2.500%

Listing Agent/Office

Agent:Shawn Dugan
Office:Strand Hill Properties
Broker Email:[email protected]

Schools

WALKING AND TRANSPORTATION

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4210 The Strand Manhattan Beach,  CA 90266
GO SEE THIS LISTING
4210 The Strand Manhattan Beach, CA 90266
 
ASAP
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19
Apr
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Apr
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Choose Your Date -- It's Free, Cancel Anytime
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Based on information from California Regional Multiple Listing Service, Inc. as of April 16, 2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.