Property Details
About this Property
This might be the last time you see an oversized beachfront lot offered in beautiful Manhattan Beach at a price this low (less than 50% the price of lots on the south end of The Strand). 4209 The Strand offers big development potential, plus two detached structures for immediate rental income. The front 3-bedroom, 2-bathroom house is operating as a licensed vacation rental, while the rear structure is leased long term. Nestled between them is a courtyard with three car parking. But 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 single lots on The Strand: most are 5’ shorter in depth. These distinctive features open the door to potentially building two generously sized condominiums, a prospect not possible on the majority of Strand properties. Past such developments have been configured either side-by-side or one above the other. Buyer to verify what can be developed. The recent sale of two condominiums on a similar size lot located a couple blocks to the south suggest the potential upside, fetching nearly $16 million combined (4016 The Strand $8.25M; 4018 The Strand $7.6M). Invest for long term appreciation. Or develop and sell one unit to subsidize y
MLS Listing Information
MLS #
CRSB24179773
MLS Source
California Regional MLS
Days on Site
69
Interior Features
Bedrooms
Ground Floor Bedroom
Fireplace
None
Laundry
Laundry Area
Cooling
None
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Common Parking Area, Other, Garage: 0 Car(s)
Elementary District
Manhattan Beach Unified
High School District
Manhattan Beach Unified
HOA Fee
$0
Zoning
MNRH
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
4209 the Strand is a Duplex in Manhattan Beach, CA 90266. This 2,392 square foot property sits on a 3,505 Sq Ft Lot and features 5 bedrooms & 4 full bathrooms. It is currently priced at $6,200,000 and was built in 1930. This address can also be written as 4209 the Strand, Manhattan Beach, CA 90266.
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This listing information is up-to-date as of October 25, 2024. For the most current information, please contact Shawn Dugan, (310) 265-3428
