They've found a buyer for
1200 The Strand (5br/5ba, 4250 sq. ft.), a home we last described as "a Spanish with a few challenges."
Challenges? Location a bit too close to the action at the pier, an awkward layout, a dated remodel (late 80s).
MBC called attention to 1200 in mid-March because the listing had chopped…
They've found a buyer for
1200 The Strand (5br/5ba, 4250 sq. ft.), a home we last described as "a Spanish with a few challenges."
Challenges? Location a bit too close to the action at the pier, an awkward layout, a dated remodel (late 80s).
MBC
called attention to 1200 in mid-March because the listing had chopped $2.250m at once, bringing the price to $8.450m. It later cut to $7.999m and made a deal last week.
In that post 2 months ago, MBC tentatively suggested that a sale price in the $6m-$7m range might be appropriate. We'll see where they close it.
Looking much further south,
112 The Strand (3br/4ba, 4300 sq. ft.) recently closed for
$7.334m.
The home was built the same year that 1200 The Strand was renovated.
Though the size is comparable, a midblock location in the quiet south end is not – there ought to be a major premium for 112.
Just to the north of 112, they're developing what's going to be the South Bay's prestige block of oceanfront property, which only helps 112 over time.
The well-known, oft-discussed triple-lot home at
212 The Strand (see "
Big, Beautiful, Too Much?"), is the splashy anchor, but the corner-lot home across 3rd is a beaut, too. A double-lot home will be coming soon at the former
204-208 The Strand. Rounding out the new builds, the corner lot at 2nd/The Strand should be wrapping up soon.
Please see our blog disclaimer.
Listings presented above are supplied via the MLS and are brokered by a variety of agents and firms, not Dave Fratello or Edge Real Estate Agency, unless so stated with the listing. Images and links to properties above lead to a full MLS display of information, including home details, lot size, all photos, and listing broker and agent information and contact information.
Based on information from California Regional Multiple Listing Service, Inc. as of May 2nd, 2024 at 3:45pm 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.