CA > Manhattan Beach
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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$12,995,000
Est. payment /mo
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9 Beds
8 Baths
5,193 SqFt
Active

2208 The Strand Manhattan Beach, CA 90266

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KayLani Rapp

KayLani Rapp

+1(949) 338-5615

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Key Details

Property Type Multi-Family

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 5,193 sqft

Price per Sqft $2,502

MLS Listing ID SB25029528

Bedrooms 9

Full Baths 8

Year Built 1972

Property Sub-Type All Other Attached

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 Californias most coveted coastline at an incredible valueless 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 owners 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 prop

Location

State CA

County Los Angeles

Zoning MNRH

Direction From Highland Ave go west on Marine and right on Ocean Dr.

Interior

Interior Features Balcony, Living Room Balcony

Heating Wall/Gravity

Fireplaces Type FP in Living Room

Fireplace No

Appliance Gas Oven, Gas Stove

Exterior

Parking Features Garage

Garage Spaces 9.0

View Y/N Yes

Water Access Desc Public

View Ocean, Panoramic, Pier, Water, Catalina, Coastline, White Water

Roof Type Flat

Building

Story 4

Sewer Public Sewer

Water Public

Level or Stories 4

Others

Tax ID 4177028011

Special Listing Condition Standard

Virtual Tour https://www.dropbox.com/scl/fi/pfqj1cz72c1w910zmc8op/2-video-Unbranded.mp4?rlkey=mbgxtmsnzmes3c10guqf41xk4&dl=0

MLS Router / San Diego MLS
Listed by Shawn Dugan Strand Hill Properties

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agent

KayLani Rapp

Broker Associate | DRE#01306285

+1(949) 338-5615

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2208 The Strand