2208 The Strand, Manhattan Beach, CA 90266 - MLS#SB25029528

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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$12,995,000

Est. payment - /mo

9 Beds

8 Baths

5,193 SqFt

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Key Details

Property 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

Style All Other Attached

Bedrooms 9

Full Baths 8

HOA Y/N No

Year Built 1972

Lot Size 3,512 Sqft

Acres 0.0806

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
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 property on The Strand. Dont miss this exceptional investment opportunitycontact us today.

Location

State CA

County Los Angeles

Area Manhattan Beach (90266)

Zoning MNRH

Interior

Interior Features Balcony, Living Room Balcony

Fireplaces Type FP in Living Room

Equipment Gas Oven, Gas Stove

Appliance Gas Oven, Gas Stove

Laundry Community, Garage

Exterior

Parking Features Garage

Garage Spaces 9.0

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

Roof Type Flat

Total Parking Spaces 18

Building

Lot Description Curbs, Sidewalks

Story 4

Lot Size Range 1-3999 SF

Sewer Public Sewer

Water Public

Level or Stories 3 Story

Others

Acceptable Financing Cash To New Loan

Listing Terms Cash To New Loan

Special Listing Condition Standard

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

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Listed by Shawn Dugan • Strand Hill Properties

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

2208 The Strand Manhattan Beach, CA 90266

Arash Rokni

Key Details

Location

Interior

Exterior

Building

Others

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