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Listed by Shawn Dugan • Strand Hill Properties
$ 12,995,000
Est. payment | /mo
9 Beds
8 Baths
5,193 SqFt
$ 12,995,000
Est. payment | /mo
9 Beds
8 Baths
5,193 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 5,193 sqft
Price per Sqft $2,502
MLS Listing ID CRSB25029528
Bedrooms 9
Full Baths 8
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1972
Lot Size 3,512 Sqft
Property Sub-Type Detached
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 Beac
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type Living Room
Fireplace Yes
Appliance Gas Range
Laundry In Garage, Community Facility
Exterior
Garage Spaces 9.0
Pool None
View Panoramic, Water, Other, Ocean
Private Pool false
Building
Lot Description Other
Story 3
Water Public
Schools
School District Manhattan Unified
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Travis Hill
Real Estate Broker | Lic# 01247701