CA > Manhattan Beach
Manhattan Beach, CA 90266,4209 The Strand
Manhattan Beach, CA 90266,4209 The Strand
Manhattan Beach, CA 90266,4209 The Strand
Manhattan Beach, CA 90266,4209 The Strand
Manhattan Beach, CA 90266,4209 The Strand
Manhattan Beach, CA 90266,4209 The Strand
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Eric Sandate

Eric Sandate

+1(650) 576-5580
$ 6,200,000
Est. payment | /mo

5 Beds

4 Baths

2,392 SqFt

Save
$ 6,200,000
Est. payment | /mo
Save

5 Beds

4 Baths

2,392 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,392 sqft

Price per Sqft $2,591

MLS Listing ID CRSB24179773

Bedrooms 5

Full Baths 4

Originating Board California Regional MLS

Year Built 1930

Lot Size 3,505 Sqft

Property Description

This might be the last time you see an oversized beachfront lot offered in beautiful Manhattan Beach at a price this low (less than 50% the price of lots on the south end of The Strand).  4209 The Strand offers big development potential, plus two detached structures for immediate rental income.  The front 3-bedroom, 2-bathroom house is operating as a licensed vacation rental, while the rear structure is leased long term. Nestled between them is a courtyard with three car parking. But 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 single lots on The Strand: most are 5' shorter in depth. These distinctive features open the door to potentially building two generously sized condominiums, a prospect not possible on the majority of Strand properties. Past such developments have been configured either side-by-side or one above the other.  Buyer to verify what can be developed.  The recent sale of two condominiums on a similar size lot located a couple blocks to the south suggest the potential upside, fetching nearly $16 million combined (4016 The Strand $8.25M; 4018 The Strand $7.6M).   Invest for long term appreciation.  Or develop and sell one unit to subsidize y

Location

State CA

County Los Angeles

Area 142 - Manhattan Bch Sand

Zoning MNRH

Interior

Cooling None

Fireplaces Type None

Laundry Laundry Area

Exterior

Garage Common Parking Area, Other, Uncovered Parking

Pool 2, None

View Ocean, Other, Panoramic, Water, City Lights

Building

Lot Description Grade - Gently Sloped

Water District - Public

Others

Tax ID 4137007030

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
© 2024 MLSListings Inc. All rights reserved.
Listed by Shawn Dugan • Strand Hill Properties
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(650) 576-5580

eric@bycoe.com

1641 Laurel St, San Carlos, California, 94070, USA

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4209 The Strand