2208 The Strand

Manhattan Beach, CA 90266

$8,250,000

Closed

  • 9Beds
  • 8Baths
  • 5,193Sq. Ft.
  • 3,512Lot Size (Sq.Ft.)

This is THE STRAND income property *HOLD or BUILD* opportunity you've been waiting for! On what is arguably the most coveted beach front street in Southern California, you'll enjoy unprecedented appreciation with 100% year round tenancy! You can invest in capital improvements immediately (possibly significantly increase the finished square footage on the 3rd and 4th levels) and can always Build your Dream Home in the future! The existing 4 unit property has a combined 5193 interior sq ft with (3) 2 Bed, 2 Bath units and (1) 3 Bed, 2 Bath unit. Totaling 9 beds, 8 baths, and 9 covered parking spaces, this beachfront STRAND property will be rented year round at top of market rents! Current Gross rents $18,530/mo or $216,800/yr.

Key Details

  • Type: Residential, Quadruplex
  • Year Built: 1972
  • Days on Market: 128
  • Combined DOM* : 128
  • Close Date: July 6th, 2018
  • Status: Closed
  • Closed Price: $8,250,000
  • PPSF: $1,589
  • Orig. list price: $10,500,000
  • Date Listed: January 24th, 2018
  • MLS® #: SB18022233
  • APN: 4177028011
  • Special:

Additional Info

  • Style: Traditional
  • Stories: 4
  • Stories: Three Or More Levels
  • Parking Spaces: 9

Community Information

  • Area: Sand Section
  • City/State: Manhattan Beach, CA
  • Zip Code: 90266
  • County: Los Angeles

School Information

  • Elementary: GRAVIE
  • Middle: MANBEA
  • High: MIRCOS
  • District: Manhattan Unified

Exterior

  • Lot Description: Lot Shape-Rectangular, Park Nearby, Value In Land
  • Lot Size (sq. ft.): 3,512
  • Lot Size (acres): 0.08
  • Roof: Flat Roof
  • Pool: None

Amenities

  • View: Catalina View, Coastline View, Ocean View, Panoramic View, Pier View, Water View, White Water View

Interior

  • Interior Features: 2 Staircases, Balcony, Beamed Ceilings, Living Room Balcony
  • Square Footage: 5,193
  • Bedrooms: 9
  • Bathrooms: 8.00
  • Full Baths: 8
  • Appliances: Gas Oven, Gas Stove, Range/Stove Hood, Water Heater Central
  • Heating: Wall Heater
  • Cooling: None
  • Fireplace: Yes
  • Fireplaces: Living Room
  • Windows: Window Blinds, Screens, Window Shutters

* 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” it, or sellers may change agents when a property has failed to sell.

Price History for 2208 The Strand, Manhattan Beach, CA (MLS® #SB18022233)

Date Details Price Change
Closed $8,250,000
Pending (from Active)
Price Reduced (from $10,500,000) $9,750,000 $750,000 (7.14%)
Property Listed $10,500,000
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Based on information from California Regional Multiple Listing Service, Inc. as of May 23rd, 2019 at 7:57am 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.