It appears that the luxury flip market is still alive and well in Manhattan Beach. In what’s a bit of a surprise to us, the recent beachfront flip at 3212 The Strand has gone into escrow. The sales price is currently unknown but the home was listed at $10,950,000. If the house looks somewhat familiar, it should as it sold for land value not long ago. See our blog post about the previous sale of 3212 The Strand, Manhattan Beach back in November 2019 for $8,525,000. The home underwent a fairly substantial remodel but no square footage was added to the existing 2,307 sq feet. We’ll see what the sales price is in the coming days but the listing price of $10,950,000 is impressive in our eyes given the circumstances and size of the home.
5449 Strand #103, Hawthorne CA
Listing courtesy of Jay Dharmasuriya – Realty Brokerage Group Inc