4209 The Strand

Manhattan Beach, CA 90266

  • 5 Bed(s)
  • 4 Bath(s)
  • 2,392 Sqft
  • 3505
    Sqft(Lot)
$6,200,000

Description

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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    46902126

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: Balcony,Bedroom on Main Level
    • Fireplace: None

    Cooling Features

    • None
    • Air Conditioning

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1930
    • Building Area Total: 2,392

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.0805
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 3505

  • Listing Price Information

    • Original List Price: 6,200,000
    • Listing Contract Date: 2024-09-10

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 4137007030

  • Garage and Parking

    • Garage Description: Driveway,On Site,Uncovered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 142 - Manhattan Bch Sand
    • Postal Code Plus 4: 3064
    • Directions: From the Pacific Ocean, look east.
    • Zoning: MNRH
    • Source Property Type: Residential Income
    • Area: 142 - Manhattan Bch Sand
    • Property SubType: Duplex

    Building and Construction

    • Property Age: 94
    • Common Walls: No Common Walls
    • Structure Type: Duplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: The Strand
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 12/18/2024 @ 07:10

  • MLS: SB24179779
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 5 bedrooms which is for sale, it has 2,392 sqft, 3,505 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Manhattan Beach , in zip code 90266, this Los Angeles County Home are nearby neighborhoods.