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Shawn Luong
Mobile Phone:
626-643-7090
[email protected]

DRE# 00857818
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Shawn Luong
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Mobile Phone:
626-643-7090
reoagent@
shawnluong.com

DRE# 00857818
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Buyer Info
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Seller Info
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FOR SALE
$6,499,000

4210 The Strand
Manhattan Beach, CA 90266

Single Family, Duplex, Multi-Family
Residential
5
Beds
2
Baths
+
2 Three Qtr
2,392
Sq. Ft.
0.0805
Acre Lot
Listing Agent: Shawn Dugan - Strand Hill Properties, [email protected]; [email protected]
Home> California> Manhattan Beach> 90266
Attention investors, owner-users & developers... Welcome to your future beachfront investment opportunity! This legal duplex, sitting on a spacious 3,505 sq.ft. lot, is not just a property; it's a canvas for your vision. Unlike properties with 3 or more units, this gem can be fully developed to unlock its potential. Seller may carry paper on the sale. The front 3-bedroom, 2-bathroom house is operating as a licensed vacation rental yielding an average monthly income of $15,600, while the rear structure is leased at $5,600 per month. Nestled between them is a courtyard, offering parking for three cars.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 of lot sizes on The Strand (most others measure 100' in depth). These distinctive features open the door to building two sizeable condominiums (one above the other or side-by-side), a prospect not possible on the majority of Strand properties. Look no further than the recent sale of two condos on the same size lot located a couple blocks to the south, fetching nearly $16 million combined, and spanning appx. 7,000 sq.ft. (4016 The Strand $8.25M; 4018 The Strand $7.6M).Develop and sell one unit to subsidize your ownership of the other. Or you can build an even larger single family home + ADU. Buyer to verify with City.Perched atop a world-renowned surfing beach, this property not only promises a solid investment but also convenience with easy access to LAX and the West Side. Take a leisurely 5-minute stroll to enjoy the restaurants and cafes of the North End or hop on a bike for a quick 7-minute ride to the iconic Manhattan Beach Pier, surrounded by some of the South Bay's finest shopping and dining experiences. Undergrounding of electric lines in the adjacent neighborhood further buttresses the rising value of this location. Seize this opportunity to blend development potential, reliable rental income, and the laid-back coastal lifestyleyou've been dreaming of.
SB23221862
Residential - Single Family, Duplex, Multi-Family, 2 Story
5
2 Full/2 Three-Qtr
1930
Los Angeles
0.0805 Acres
Public
2
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

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Listing Agent: Shawn Dugan - Strand Hill Properties, [email protected]; [email protected]
Licensed in: DRE# 01749343
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Based on information from CRISNet MLS as of 4/28/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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