2208 The Strand, Manhattan Beach, CA 90266 (MLS # SB18014991)

Price $9,750,000
Status Active
Beds 0
Baths 0 bath
Home size 5,193 sq ft
Lot Size 3,511 sqft
Days on Market 92
This is THE STRAND income property *HOLD or BUILD* opportunity you've been waiting for! On what is arguably the most coveted beach front street in Southern California, you'll enjoy unprecedented appreciation with 100% year round tenancy! You can invest in capital improvements immediately (possibly significantly increase the finished square footage on the 3rd and 4th levels) and can always Build your Dream Home in the future! The existing 4 unit property has a combined 5193 interior sq ft with (3) 2 Bed, 2 Bath units and (1) 3 Bed, 2 Bath unit. Totaling 9 beds, 8 baths, and 9 covered parking spaces, this beachfront STRAND property will be rented year round at top of market rents! Current Gross rents $18,530/mo or $216,800/yr.
Property Type(s): Residential Income
Last Updated 3/27/2018 Year Built 1972
Community 142 - Manhattan Bch Sand County Los Angeles

Price History

Prior to Mar 27, '18 $10,500,000
Mar 27, '18 - Today $9,750,000

Additional Details

AIR None
APPLIANCES Gas Oven, Gas Stove, Range/Stove Hood, Water Heater Central
AREA 142 - Manhattan Bch Sand
CONSTRUCTION Stucco
FIREPLACE Yes
GARAGE Carport Attached, Covered Parking, Parking Space
HEAT Wall Heater
HOA DUES 0.00
INTERIOR 2 Staircases, Balcony, Beamed Ceilings, Living Room Balcony
LOT 3512 sq ft
LOT DESCRIPTION Lot Shape-Rectangular, Park Nearby, Value In Land
LOT DIMENSIONS 33.33x95
POOL DESCRIPTION None
STORIES 4
STYLE Traditional
UTILITIES Public;
VIEW Yes
VIEW DESCRIPTION Catalina,Coastline,Ocean,Panoramic,Pier,Water,White Water
WATER Public
WATERFRONT Yes
WATERFRONT DESCRIPTION Beach Access,Beach Front,Ocean Front
ZONING MNRH

Location

 

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Listing provided by : Alex Smith CalBRE:01859768, Keller Williams Beach Cities

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Based on information from California Regional Multiple Listing Service, Inc. as of 4/26/18 2:13 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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