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4209 The Strand
Manhattan Beach, CA 90266
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 INFORMATION
| MLS # | SB24179773 | Lot Size | 3,505 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Duplex |
| Price | $ 6,200,000
Price Per SqFt: $ 2,592 |
DOM | 344 Days |
| Address | 4209 The Strand | Type | Residential |
| City | Manhattan Beach | Sq.Ft. | 2,392 Sq. Ft. |
| Postal Code | 90266 | Garage | N/A |
| County | Los Angeles | Year Built | 1930 |
| Bed / Bath | 5 / 2 | Parking | 3 |
| Built In | 1930 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Common Area |
| Has Fireplace | No |
| Fireplace Information | None |
| Room Information | Main Floor Bedroom |
| Has Cooling | No |
| Cooling Information | None |
| InteriorFeatures Information | Living Room Balcony |
| DoorFeatures | Sliding Doors |
| EntryLocation | The Strand |
| Entry Level | 1 |
| Has Spa | Yes |
| SpaDescription | Above Ground |
| Main Level Bedrooms | 1 |
| Main Level Bathrooms | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $6,613
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/25/2024 | Price Change | $6,200,000 (-1.59%) |
| 09/10/2024 | Listed | $6,300,000 |
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Listing provided courtesy of Shawn Dugan, Strand Hill Properties. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
