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Listed by Shawn Dugan • Strand Hill Properties
$12,995,000
Est. payment /mo
3,512 Sqft Lot
Price Dropped by $880K
2208 The Strand Manhattan Beach, CA 90266
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25029527
Originating Board California Regional MLS
Year Built 1972
Lot Size 3,512 Sqft
Property Sub-Type Fourplex
Property Description
Introducing 2208 The Strand, a rare and extraordinary trophy income property in the heart of Manhattan Beach. This fully renovated four-unit building offers an unparalleled opportunity to own a piece of Southern California's most coveted coastline at an incredible value-less than $3.3M per unit, with a pro forma 5.50% cap rate and $1.1M in projected GSI. Whether you're looking for a prime buy-and-hold investment, a personal beachfront retreat, or a way to maximize income through short-term rentals (permitted in the Coastal Zone), this property offers endless possibilities. Spanning 5,193 sq. ft., the building features four spacious units, including three 2-bedroom, 2-bath units and one 3-bedroom, 2-bath unit. Each unit is designed for luxury and privacy, occupying its own floor with no shared walls and boasting breathtaking ocean views from Palos Verdes to Malibu. The modern coastal aesthetic is highlighted by smooth-coat stucco exteriors and Fleetwood glass doors, seamlessly blending sleek design with the natural beauty of the Pacific. In addition to its stunning interiors and views, the property offers nine garage parking spaces and on-site laundry facilities, adding convenience for residents and tenants. Perfectly situated just steps from the beach, downtown Manhattan Beach,
Location
State CA
County Los Angeles
Area 142 - Manhattan Bch Sand
Rooms
Kitchen Other, Oven - Gas
Interior
Heating Wall Furnace
Cooling None
Laundry In Garage, Community Facility
Exterior
Parking Features Garage
Garage Spaces 9.0
Pool 31, None
View Ocean, Other, Panoramic, Water
Roof Type Flat / Low Pitch
Building
Lot Description Grade - Level
Story Three or More Stories
Water Hot Water, District - Public
Others
Tax ID 4177028011
Special Listing Condition Not Applicable
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