4 months on rocket

4210 The Strand, Manhattan Beach, CA, 90266

$6,750,000

0 Baths
Multi
Schools Nearby

Location

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Property Highlights

Home TypeDuplex
ParkingDriveway, On Site, Uncovered
Year Built1930
CoolingNone
WaterfrontBeach, Ocean Access, Ocean Front
FireplaceNone
ViewIsland, City Lights, Other, Ocean, Panoramic, Pier, Water
MLS #SB23226413
Lot Size0.08 Acres
StatusActive

About 4210 The Strand

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, operating as a licensed vacation rental, consistently yields 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’, surpasses the size of lots on the South Manhattan Strand, which are characterized by 100’ depth. These distinctive features open the door to building two condominiums (stacked or side-by-side), a prospect that sets it apart from most properties on The Strand. 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 lifestyle you've been dreaming of.

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Stories: 2

Listing Office:

  • Office Name: Strand Hill Properties
  • Office Email: manonthestrand@gmail.com
  • Listing Agent: Shawn Dugan

Interior Features

Interior Information:

  • Interior: Balcony, Bedroom on Main Level
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Beach, Ocean Access, Ocean Front
  • View: Island, City Lights, Other, Ocean, Panoramic, Pier, Water

Parking Information:

  • Parking: Driveway, On Site, Uncovered

Virtual/3D Tour

  • Virtual Tour: 4210 The Strand

Virtual Tour

Lot Features

Lot Information:

  • Lot: Gentle Sloping
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Cooling: None

School Info

Assigned Schools Information:

  • Mira Costa High School, Public District Grades 9-12
  • Manhattan Beach Middle School, Public District Grades 6-8
  • Grand View Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From the Pacific Ocean, look east.

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,750,000
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Housing Market Comparison

See how this home compares to others in Manhattan Beach, CA.

Med. Sold Price

$2.7M

Med. Price/SqFt

$1,302

Avg. Days On Market

50

# of Sold Homes

28

4210 The Strand vs Manhattan Beach

133 DAYS ON ROCKET

+83 Days

$6,750,000

+$3.9M More

KEY TAKEAWAY

This property is $3.9M more than the Median Sold Price in Manhattan Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB23226413

Listing Office:

  • Office Name: Strand Hill Properties
  • Office Email: manonthestrand@gmail.com
  • Listing Agent: Shawn Dugan

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 12:55:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$33.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$20.3K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-988107
9
/10
  • Grand View Elementary School

  • 455 24th St

  • 0.81 miles

  • Public District Grades KG-5

Middle School

school-card-donut-988108
9
/10
  • Manhattan Beach Middle School

  • 1501 N Redondo Ave

  • 2.40 miles

  • Public District Grades 6-8

High School

school-card-donut-988109
9
/10
  • Mira Costa High School

  • 1401 Artesia Blvd

  • 2.76 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $111,538. The majority of Manhattan Beach, CA residents have income between $100k-200k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaLos Angeles CountyManhattan Beach902664210 The Strand

This home is located at 4210 The Strand in Manhattan Beach, CA and zip code 90266 in the Manhattan Beach Sand neighborhood. This home, which was built in 1930, sits on a 0.08 acre lot. It has been listed on Rocket Homes since December 15, 2023 and is currently priced at $6,750,000.

In March 2024, from all listings sold in Manhattan Beach, CA there were more than 5 sold above asking price, over 17 sold below and more than 6 were sold right at the asked price. The number of listings in Manhattan Beach, CA increased by 3.5% between February 2024 and March 2024. In March 2024, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $2,787,500.

From Rocket Homes Real Estate and based on county public records data.

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