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$6,250,000
Est. payment /mo
5 Beds
4 Baths
3,505 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25072510
Bedrooms 5
HOA Y/N No
Lot Size 3,505 Sqft
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash,Conventional
Property Description
This exceptional beachfront property features a duplex on an oversized 3,505 sq.ft. lot along Manhattan Beachs iconic Strand. This 33' x 105' lot is 45% larger than the typical 2,400 sq.ft. (30' x 80') Hermosa Beach Strand lot, and 30% larger than the standard 2,700 sq.ft. (30' x 90') Manhattan Beach walk street lot. The front structure features a 3-bedroom, 2-bathroom home, while a detached rental unit sits adjacent to Ocean Drive. Between them lies a private courtyard with parking for three vehicles. Short-term vacation rentals are an option, adding further income flexibility. The property's Residential High-Density Zoning, combined with its generous lot size, offers unique development possibilities. Potential projects include constructing a luxurious single-family residence with an Accessory Dwelling Unit (ADU) or developing two large townhomes (verify with your architect). Notably, two condos on a similarly sized lot just a couple blocks south sold for a combined total of nearly $16 million, encompassing approximately 7,000 sq.ft. (4016 The Strand at $8.25M and 4018 The Strand at $7.6M). Whether youre looking to build and sell one unit to offset the cost of owning the other, or create a dream home, few beachfront parcels offer this optionality. Set above a world-renown surf break, the property combines the prestige of a Strand address with everyday convenience. Enjoy a five-minute stroll to the North Ends cafs and restaurants or take a quick seven-minute bike ride to the Manhattan Beach Piers vibrant shops and dining scene. With LAX and the West Side easily accessible,
This exceptional beachfront property features a duplex on an oversized 3,505 sq.ft. lot along Manhattan Beachs iconic Strand. This 33' x 105' lot is 45% larger than the typical 2,400 sq.ft. (30' x 80') Hermosa Beach Strand lot, and 30% larger than the standard 2,700 sq.ft. (30' x 90') Manhattan Beach walk street lot. The front structure features a 3-bedroom, 2-bathroom home, while a detached rental unit sits adjacent to Ocean Drive. Between them lies a private courtyard with parking for three vehicles. Short-term vacation rentals are an option, adding further income flexibility. The property's Residential High-Density Zoning, combined with its generous lot size, offers unique development possibilities. Potential projects include constructing a luxurious single-family residence with an Accessory Dwelling Unit (ADU) or developing two large townhomes (verify with your architect). Notably, two condos on a similarly sized lot just a couple blocks south sold for a combined total of nearly $16 million, encompassing approximately 7,000 sq.ft. (4016 The Strand at $8.25M and 4018 The Strand at $7.6M). Whether youre looking to build and sell one unit to offset the cost of owning the other, or create a dream home, few beachfront parcels offer this optionality. Set above a world-renown surf break, the property combines the prestige of a Strand address with everyday convenience. Enjoy a five-minute stroll to the North Ends cafs and restaurants or take a quick seven-minute bike ride to the Manhattan Beach Piers vibrant shops and dining scene. With LAX and the West Side easily accessible, and undergrounding of neighborhood utilities underway, this is a prime opportunity to invest in beachfront real estate that blends lifestyle, location, and lasting value.
This exceptional beachfront property features a duplex on an oversized 3,505 sq.ft. lot along Manhattan Beachs iconic Strand. This 33' x 105' lot is 45% larger than the typical 2,400 sq.ft. (30' x 80') Hermosa Beach Strand lot, and 30% larger than the standard 2,700 sq.ft. (30' x 90') Manhattan Beach walk street lot. The front structure features a 3-bedroom, 2-bathroom home, while a detached rental unit sits adjacent to Ocean Drive. Between them lies a private courtyard with parking for three vehicles. Short-term vacation rentals are an option, adding further income flexibility. The property's Residential High-Density Zoning, combined with its generous lot size, offers unique development possibilities. Potential projects include constructing a luxurious single-family residence with an Accessory Dwelling Unit (ADU) or developing two large townhomes (verify with your architect). Notably, two condos on a similarly sized lot just a couple blocks south sold for a combined total of nearly $16 million, encompassing approximately 7,000 sq.ft. (4016 The Strand at $8.25M and 4018 The Strand at $7.6M). Whether youre looking to build and sell one unit to offset the cost of owning the other, or create a dream home, few beachfront parcels offer this optionality. Set above a world-renown surf break, the property combines the prestige of a Strand address with everyday convenience. Enjoy a five-minute stroll to the North Ends cafs and restaurants or take a quick seven-minute bike ride to the Manhattan Beach Piers vibrant shops and dining scene. With LAX and the West Side easily accessible, and undergrounding of neighborhood utilities underway, this is a prime opportunity to invest in beachfront real estate that blends lifestyle, location, and lasting value.
Location
State CA
County Los Angeles
Area Manhattan Beach (90266)
Zoning Assessor
Building
Lot Description Sidewalks
Story 2
Lot Size Range 1-3999 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional
Space Rent $15,600
Listing Terms Cash, Conventional
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Listed by Shawn Dugan • Strand Hill Properties
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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