CA > Manhattan Beach
Manhattan Beach, CA 90266,2208 The Strand
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Manhattan Beach, CA 90266,2208 The Strand
Manhattan Beach, CA 90266,2208 The Strand
Manhattan Beach, CA 90266,2208 The Strand
Manhattan Beach, CA 90266,2208 The Strand
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Cris Epstein

Cris Epstein

Engel & Völkers

+1(818) 269-4377
Listed by Shawn Dugan • Strand Hill Properties
$ 12,995,000
Est. payment /mo
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Price Dropped by $880K

2208 The Strand Manhattan Beach, CA 90266

9 Beds

8 Baths

5,193 SqFt

UPDATED:

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

agent

Cris Epstein

Advisor | License ID: 01385089

+1(818) 269-4377

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2208 The Strand