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Listed by Shawn Dugan • Strand Hill Properties
$ 6,250,000
Est. payment | /mo
2,392 SqFt
$ 6,250,000
Est. payment | /mo
2,392 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,392 sqft
Price per Sqft $2,612
MLS Listing ID CRSB25072510
HOA Y/N No
Year Built 1930
Lot Size 3,505 Sqft
Property Sub-Type Duplex
Source Datashare California Regional
Property Description
This exceptional beachfront property features a duplex on an oversized 3,505 sq.ft. lot along Manhattan Beach’s iconic Strand. This 33' x 105' lot is 45% larger than the typical 2,400 sq.ft. (30' x 80') Hermosa Beach Strand lot, and 30% larger than the standard 2,700 sq.ft. (30' x 90') Manhattan Beach walk street lot. The front structure features a 3-bedroom, 2-bathroom home, while a detached rental unit sits adjacent to Ocean Drive. Between them lies a private courtyard with parking for three vehicles. Short-term vacation rentals are an option, adding further income flexibility. The property's Residential High-Density Zoning, combined with its generous lot size, offers unique development possibilities. Potential projects include constructing a luxurious single-family residence with an Accessory Dwelling Unit (ADU) or developing two large townhomes (verify with your architect). Notably, two condos on a similarly sized lot just a couple blocks south sold for a combined total of nearly $16 million, encompassing approximately 7,000 sq.ft. (4016 The Strand at $8.25M and 4018 The Strand at $7.6M). Whether you’re looking to build and sell one unit to offset the cost of owning the other, or create a dream home, few beachfront parcels offer this optionality. Set above a world-renown
Location
State CA
County Los Angeles
Interior
Cooling No Air Conditioning
Fireplace No
Laundry Common Area
Exterior
View City Lights, Panoramic, Water, Other, Ocean
Building
Lot Description Other
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