2208 The Strand Active Save Request In-Person Tour Request Virtual Tour
Manhattan Beach,CA 90266
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,193 sqft
Price per Sqft $2,502
MLS Listing ID SB-25029528
Bedrooms 9
Full Baths 8
Year Built 1972
Lot Size 3,512 Sqft
Property Sub-Type Quadruplex
Property Description
Introducing 2208 The Strand, a rare and extraordinary trophy income property in the heart of Manhattan Beach. This fully renovated four-unit building offers an unparalleled opportunity to own a piece of Southern California's most coveted coastline at an incredible value--less than $3.3M per unit, with a pro forma 5.50% cap rate and $1.1M in projected GSI. Whether you're looking for a prime buy-and-hold investment, a personal beachfront retreat, or a way to maximize income through short-term rentals (permitted in the Coastal Zone), this property offers endless possibilities. Spanning 5,193 sq. ft., the building features four spacious units, including three 2-bedroom, 2-bath units and one 3-bedroom, 2-bath unit. Each unit is designed for luxury and privacy, occupying its own floor with no shared walls and boasting breathtaking ocean views from Palos Verdes to Malibu. The modern coastal aesthetic is highlighted by smooth-coat stucco exteriors and Fleetwood glass doors, seamlessly blending sleek design with the natural beauty of the Pacific. In addition to its stunning interiors and views, the property offers nine garage parking spaces and on-site laundry facilities, adding convenience for residents and tenants. Perfectly situated just steps from the beach, downtown Manhattan Beach, and the vibrant amenities of North Manhattan, this location offers the ultimate coastal lifestyle. Whether you choose to live in the owner's unit and rent the others or maximize returns with short-term and long-term leasing strategies, this is a once-in-a-lifetime chance to own a premier multi-unit property on The Strand. Don't miss this exceptional investment opportunity--contact us today.
Location
State CA
County Los Angeles
Area 142 - Manhattan Beach Sand
Zoning MNRH
Interior
Interior Features Balcony,Living Room Balcony
Heating Wall Furnace
Cooling None
Fireplaces Type Living Room
Laundry Community,In Garage
Exterior
Garage Spaces 9.0
Pool None
Community Features Curbs,Sidewalks
View Y/N Yes
View Catalina,Coastline,Ocean,Panoramic,Pier,Water,White Water
Building
Lot Description Level with Street
Sewer Public Sewer
Others
Virtual Tour https://www.dropbox.com/scl/fi/pfqj1cz72c1w910zmc8op/2-video-Unbranded.mp4?rlkey=mbgxtmsnzmes3c10guqf41xk4&dl=0