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4210 The Strand

Manhattan Beach, 90266

0 Bd
0 Ba
3,505 Lot
$6,750,000 Current Price
Active Status
131 Days on Market
Dec 15 First Day Active
$6,750,000 Start Price

Description

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, operating as a licensed vacation rental, consistently yields 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’, surpasses the size of lots on the South Manhattan Strand, which are characterized by 100’ depth. These distinctive features open the door to building two condominiums (stacked or side-by-side), a prospect that sets it apart from most properties on The Strand. 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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Property Details for 4210 The Strand

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Shawn Dugan
Listing Brokered By
Strand Hill Properties
Type
Residential Income, Duplex
Year Built
1930 (Assessor)
MLS Area
142 - Manhattan Bch Sand

Price and MLS Information

Status
Active | Listing History
MLS Days on Mkt.
131 DOM
Combined DOM*
131
First Date Active
December 15th, 2023
Current Price
$6,750,000
Orig. List Price
$6,750,000
MLS® #
SB23226413
APN
4137007030
Special
Standard

Home Interior Information

Levels/Stories
Two
Cooling
None
Int. Features
Balcony, Bedroom on Main Level
Fireplaces
None

Room Information

Room Type
Main Floor Bedroom
Laundry
CommonArea

Exterior Information

Lot Description
Gentle Sloping
Lot Size (sq. ft.)
3,505
Lot Size (acres)
0.08
Pool
None
Parking Spaces
3

View, Style & Tour Information

View
Catalina, City Lights, Coastline, Ocean, Panoramic, Pier, Water

Utilities Information

Water Source
Public

Additional Information

Zoning
MNRH
Buyer's Brokerage Fee
2.500

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
142 - Manhattan Bch Sand
City/State
Manhattan Beach
Zip Code
90266
County
Los Angeles
# of Units
2
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Listing/Price History

4210 The Strand, Manhattan Beach, (MLS® #SB23226413)

Date Details Price Change
First Day Active $6,750,000
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Listing Summary

Quick Summary of 4210 The Strand: This home in Manhattan Beach is priced at $6,750,000 . The Duplex residence was originally built in 1930 and was listed on December 15th, 2023 at $6,750,000, showing 131 Days on Market currently. Contact Dave Fratello today for more information or to go see 4210 The Strand.

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Based on information from California Regional Multiple Listing Service, Inc. as of April 24th, 2024 at 7:55am PDT. 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.