FOR SALE
$6,499,000

4210 The Strand
Manhattan Beach, CA 90266

Single Family
Residential
5
Beds
2
Baths
2,392
Sq. Ft.
0.0805
Acre Lot
Courtesy: Shawn Dugan - Strand Hill Properties; Email: [email protected]
Agent Websites> 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 ownershi
CRSB23221862
Single Family, 2 Story
5
Los Angeles
2 Full
1930
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

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Courtesy: Shawn Dugan - Strand Hill Properties; Email: [email protected]

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