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4210 The Strand
Manhattan Beach CA 90266 US

$6,750,000

Active Listing ID SB23226413
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5 bed
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4.00 Bath (4 Full Bath)
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Lot: 3,505.00 Square Feet
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Duplex

$6,750,000

Active Listing ID SB23226413
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4210 The Strand 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 Features

  • Facts
  • Lot Size: 3,505.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Duplex
  • Features
  • Full Bathrooms: 4
  • Cooling System: None
  • Exterior Finish: Community Features Included: Sidewalks, Street Lights, Gentle Sloping
  • Additional Features
  • Waterfront

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Duplex
  • listprice: 6750000
  • unparsedaddress: 4210 The Strand
  • postalcity: Manhattan Beach
  • stateorprovince: CA
  • country: US
  • postalcode: 90266
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0804637281910009
  • lotsizeunits: Square Feet
  • lotsizearea: 3505
  • livingarea: 2392
  • livingareaunits: Square Feet
  • latitude: 33.903542
  • longitude: -118.421198
  • listagentfullname: Shawn Dugan
  • listagentemail: manonthestrand@gmail.com
  • listagentkey: 3yd-MRMLSCA-SDUGASHA
  • listagentmlsid: SDUGASHA
  • listagentpreferredphone: 3102653428
  • listagentofficephone: 3105450707
  • listofficekey: 3yd-MRMLSCA-sb1310590
  • listagentstatelicense: 01749343
  • listofficemlsid: sb1310590
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1930
  • listingcontractdate: 2023-12-15
  • listagenturl: http://www.ManOnTheStrand.com
  • countyorparish: Los Angeles
  • parcelnumber: 4137007030
  • cooling: None
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 3
  • parkingfeatures: Driveway
  • view: City, Ocean, Panorama, Water
  • waterfrontyn: True
  • interiorfeatures: Living Room Balcony, Sliding Doors
  • exteriorfeatures: Community Features Included: Sidewalks, Street Lights, Gentle Sloping
  • waterfrontfeatures: Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side Of Freeway, Ocean Side Of Highway 1
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.421198, 33.903542
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Listing Changed: 4/18/2024 12:43:37 AM GMT
Source Updated Date: 5/2/2024 6:59:26 AM GMT

Courtesy of: Shawn Dugan, Strand Hill Properties, manonthestrand@gmail.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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