Property Description
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.
Features
: Wall Furnace
: Ocean, Panoramic, Coastline, Catalina, Water, White Water, Pier
: Living room
: Carbon monoxide detector(s)
: Flat
: 9.00
0
: In Garage, Community
: Attached Carport, Covered, Parking Space, Tandem Covered
: Public Sewer
: Living Room, Kitchen, Utility Room, Primary Suite, Primary Bathroom, Primary Bedroom, Two Primaries
: 2+ Common Walls
0
SSMIALEX
: Public
: Park Nearby, Rectangular Lot, Value In Land
: Screens, Blinds, Shutters
: Sidewalks, Street Lights, Suburban, Curbs, Storm Drains
4
: Parking
0
: Updated/remodeled, Fixer, Repairs Cosmetic, Repairs Major
: Traditional
: Gas Oven, Gas Cooktop, Range Hood, Water Heater Central
: Balcony, Beamed Ceilings, Living Room Balcony, 2 Staircases
Address Map
The Strand
2208
4449
0
W119° 35' 4.7''
N33° 53' 29.3''
MLS Addon
Keller Williams Beach Cities
$0
MNRH
3,512 Sqft
Smith
01859768
: Standard
S6403
Alex
West on Marine Avenue, north on Ocean Dr
: Any And All Staging Items.
33.33x95
142 - Manhattan Bch Sand
Three Or More
4177028011
01368364
$0
0
Residential Income Sold
2208 The Strand, Manhattan Beach, California 90266
$9,750,000
Listing ID #SB18014991
Basic Details
Property Type : Residential Income
Listing Type : Sold
Listing ID : SB18014991
List Price : $9,750,000
Year Built : 1972
Country : US
State : California
County : Los Angeles
City : Manhattan Beach
Zipcode : 90266
Water front Features : Beach Access, Waterfront With Home Across Road, Beach Front, Ocean Front, Sea Front
Close Price : $8,250,000
Status : Closed
Property Type : Quadruplex
Price Per Square Foot : $1,589
Days on Market : 128
