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2208 The Strand
MANHATTAN BEACH, CA 90266


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Property Remarks

This is THE STRAND income property *HOLD or BUILD* opportunity you've been waiting for! On what is arguably the most coveted beach front street in Southern California, you'll enjoy unprecedented appreciation with 100% year round tenancy! You can invest in capital improvements immediately (possibly significantly increase the finished square footage on the 3rd and 4th levels) and can always Build your Dream Home in the future! The existing 4 unit property has a combined 5193 interior sq ft with (3) 2 Bed, 2 Bath units and (1) 3 Bed, 2 Bath unit. Totaling 9 beds, 8 baths, and 9 covered parking spaces, this beachfront STRAND property will be rented year round at top of market rents! Current Gross rents $18,530/mo or $216,800/yr.

Property Details

MLS#
SB18022233MR
Days on Market
120
Year Built
1972
Lot Size
0.08 Acres
Property Subtype
Condominium

Location

State
CA
Area
Manhattan Beach Sand
County
Los Angeles

Presented By:

Listing provided courtesy of Alex Smith , Keller Williams Beach Cities


Exterior

Lot Acreage
0.08
Garage Spaces
0
Waterfront
No

Exterior Construction
Stucco
View
Catalina
Coastline
Ocean
Panoramic
Pier
Water
White Water

Interior

Bedroom Features
Master Bedroom
Master Suite
Bathroom Count
8 Full Baths
Cooking Appliances
Oven-Gas
Range Hood
Equip/Appliances
Community
Garage
Hood Fan
Laundry
Community
Garage
Disability Access
Other Main Level Modifications

Additional Property Details

Guest House
No
Available for Lease
No
Horse Property
No
Maids
No

Community Features
Curbs
Sidewalks
Storm Drains
Street Lighting
Suburban
Heating
Wall

Manhattan Beach

Manhattan Beach draws many for its great beaches and surf and charming downtown. This beach community invented beach volleyball and is known for a laidback glamour that makes it popular with celebrities and with local professional athletes, some of whom train in nearby El Segundo.

Real Estate:  Manhattan Beach real estate has several main sections, the Tree Section, the Hill Section and the Sand Section. The Tree Section is a desirable area that is still close to the beach and downtown. Homes for sale here often have a bit of a backyard and the neighborhood offers a wide variety of single-family homes for sale from older bungalows to newer homes. The Hill Section includes larger homes, many with ocean views. In the Sand Section near the beach The Strand, the long walk along the beach, offers some of the most expensive real estate in the area which offers not just a distant ocean view but a closer look at the pounding surf.

Community Life: Community life is often beach-centered whether it’s testing out the surf, hitting the volleyball court, or strolling along Manhattan Beach Pier. The city hosts an annual volleyball tournament and an international surf festival each summer. The Manhattan Beach Farmers’ Market takes place every Tuesday at Metlox Plaza, the former home of Metlox Pottery and a popular shopping and dining destination.

Education:  Manhattan Beach is known for having well-regarded schools and the Manhattan Beach Unified School District is one of the top performing school districts in the state. There are five elementary schools: Grandview, Meadows, Pacific, Pennekamp, and Robinson; ne middle school, Manhattan Beach Middle School, and one high school, Mira Costa which was recognized as a California Distinguished School in 2011. Local private schools include American Martyrs Catholic School, Manhattan Academy, Montessori School of Manhattan Beach, and Journey of Faith Christian School.

Transportation: Manhattan Beach is accessed by Pacific Coast Highway as well as by the 405 and 105 freeways. Beach Cities Transit consists of two routes that connect Manhattan Beach with Redondo, Hermosa, and El Segundo as well as providing transit connections with other lines including Metro Bus & Rail and Torrance Transit.

Local Attractions: The Roundhouse Aquarium at the end of the Manhattan Beach Pier is open daily with free admission. Downtown offers plenty of shopping and strolling. The Strand is often filled with joggers, tourists, and others enjoying another beautiful day in Manhattan Beach. The area is also notable for its amazing sunsets which are popular and widely photographed.

Community Explorer

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