A recent home sale saw a buyer get a great deal on a very unique home. 3004 The Strand was a “historic” home with a very unuusal layout, design and configuration that closed escrow in June 2020 at a price significantly below the list price. It was listed at $9,495,000 and closed at $7,000,000. It may not be a coincidence that it’s one of the few beachfront home sales in the past year. It hadn’t been on the market (especially in relation to most current beachfront homes on the market) long but sold at a significantly lower price.
This recent addition to the already crowded beachfront home market on The Strand offers a fairly ideal location close enought to downtown and the pier but not too close. Welcome to 1920 The Strand in Manhattan Beach offering almost 5,500 sq feet of beachfront luxury on a north facing corner walkstreet lot. The home is priced at $16,900,000 and features unblockable ocean views with 5 bedrooms and 6 1/2 baths.
1920 The Strand, Manhattan Beach CA
New to the market as of May 16th is a duplex in the furthest northern section of Manhattan at 4216 The Strand. Located in El Porto of the sand section, the $7,000,000 price tag is going to have definite appeal as it’s less than half of what most of the other beachfront properties are currently listed at. The main home offers 3 bedrooms and 5 baths with a combined square footage of over 3,800 square feet.
A separate 2 bed/1 bath unit above the garage includes a gas fireplace, laundry, and deck with bigocean views. This 2nd property is ideal for out of town family or guests to have their own space or the perfect rental to offset costs.
It’s been a while since the last beachfront home in Manhattan Beach closed escrow, but that just recently changed with the sale of 2304 The Strand. This was basically a lot value sale and had been on an off the market for some time with a number of price reductions. Originally listed in January of 2019 for $9,950,000 the price was reduced $8,999,000 in July, then $8,250,000 in October, to settling at $7,950,000 in November. It’s not unusual for most Strand homes to sell for way below original list price (in large part to not being priced in line with value originally) but this was an almost 25% drop from list price. The two most recent sales on the beach have both been tear down/lot value sales. The prior sale was at $8,525,000 for 3212 The Strand.
2304 The Strand, Manhattan Beach
The two homes at 120 and 124 6th Street which are being sold together, just went into escrow. Although we’re not currently aware of the sales price, the 2 homes were listed for $12,650,000. While the property is clearly being sold for land value the home at 120 is a duplex on a 2,687 foot lot. The adjacent property is a workable single family home on a 2,700+ foot lot. The combined lots offer a pretty unique and spectacular walkstreet location for a true legacy type home. 6th Street is an extremely high demand walkstreet with an ideal south sand section location.
120 & 124 6th Street, Manhattan Beach
There’s a new addition to the ultra high end Strand market in Manhattan Beach with the listing of 1804 The Strand. This is the most recent listing on the beachfront Strand in Manhattan Beach Californial.Priced at $18,500,000 that’s a pretty significant number for this property but the location is just about ideal being a few blocks from the congestion of downtown while still being walkable. It’s also located on a high part of the Strand offering staggering views. The property is actually a duplex with a 3 bedroom owners unit and a 2 bedroom guest unit. Priced at $18,500,000 it’s going to take a special buyer.
- 5 bedrooms (3 bedroom unit and 2 bedroom unit)
- 5 baths
- 3,994 sq feet*
- 3,329 sq foot lot*