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$6,300,000
1 Day Online

4209 The Strand
Manhattan Beach, CA 90266

For Sale|Duplex|Active
0
Beds
0
Full Baths
0
Partial Baths
2,392
SqFt
$2,634
/SqFt
1930
Built
County:
Los Angeles
Listed by Shawn Dugan of Strand Hill Properties [email protected]

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4209 The Strand4209 The Strand4209 The Strand4209 The Strand
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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 your ownership of the other.   Undergrounding of electric lines in the adjacent neighborhood further buttresses the rising value of this location. Seize this opportunity to blend development potential and reliable rental income on the world famous Strand in Manhattan Beach.

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Listing Snapshot
Price 
$6,300,000
Days Online 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
2,392 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0805 Acres
Year Built 
1930
MLS® Number 
SB24179779
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing first seen online
a month agoListing updated with changes from the MLS®
General Features
Acres 
0.0805
Direction Faces 
West
Number Of Stories 
2
Parking 
DrivewayOn Site
Parking Spaces 
3
Property Sub Type 
Duplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2392
Stories 
Two
Water Source 
Public
Interior Features
Fireplace Features 
None
Laundry Features 
Common Area
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Exterior Features
Exterior 
Balcony
Lot Features 
Gentle Sloping
Pool Features 
None
Spa Features 
Above Ground
View 
CityCity LightsOceanPanoramicWater
Waterfront 
Yes
Waterfront Features 
Beach AccessBeach FrontOcean AccessOcean Front
Waterview 
CityCity LightsOceanPanoramicWater
Windows/Doors 
Sliding Doors
Community Features
Community Features 
Street LightsSidewalks
Financing Terms Available 
CashConventionalOwner Will Carry
MLS Area 
142 - Manhattan Bch Sand


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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