Listing by: Shawn Dugan, Strand Hill Properties, manonthestrand@gmail.com

5 Beds

4 Baths

2,392 SqFt

Active

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 is operating as a licensed vacation rental yielding 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’ is among the larger of lot sizes on The Strand (most others measure 100' in depth). These distinctive features open the door to building two sizeable condominiums (one above the other or side-by-side), a prospect not possible on the majority of Strand properties. 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.

Property Details
Price $6,499,000
Bedrooms 5
Full Baths 2
Total Baths 4
Lot Size Area 3505
Lot Size Area Units Square Feet
Acres 0.0805
Property Type Residential
Sub type Duplex
MLS Sub type Duplex
Stories 2
Features Living Room Balcony
Year Built 1930
View Catalina,City Lights,Coastline,Ocean,Panoramic,Pier,Water,White Water
Waterfront Beach Access,Beach Front,Ocean Access,Ocean Front,Ocean Side of Freeway,Ocean Side Of Highway 1
Lot Description Gentle Sloping
Laundry Features Common Area
Pool features None
Parking Description Driveway,On Site,Uncovered
Parking Spaces 3
Garage spaces 0
Association Fee 0
Geographic Data
Directions From the Pacific Ocean, look east.
County Los Angeles
Latitude 33.90378
Longitude -118.421167
Market Area 142 - Manhattan Bch Sand
Address Information
Address 4210 The Strand, Manhattan Beach, CA 90266
Postal Code 90266
City Manhattan Beach
State CA
Country United States
Listing Information
Listing Office Strand Hill Properties
Listing Agent Shawn Dugan
Listing Agent Phone manonthestrand@gmail.com
Buyer Agency Compensation 2.500
Attribution Contact manonthestrand@gmail.com
Buyer Agency Compensation Type %
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Virtual Tour URL https://www.youtube.com/watch?v=zI0wIHsETHc&t=2s
School Information
District Manhattan Unified
Middle School Manhattan Beach
High School Mira Costa
MLS Information
Days on market 129
MLS Status Active
Listing Date Dec 10, 2023
Listing Last Modified Apr 17, 2024
Tax ID 4137007030
MLS Area 142 - Manhattan Bch Sand
MLS # SB23221862

This information is believed to be accurate, but without any warranty.
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