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4209 The Strand
USD 6,300,000
Property ID: SB24179779
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4209 The Strand ,90266
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icon 3505 SqFt
icon Built in 1930
icon USD 1797/SqFt
icon 0 Bed
icon 0 Full
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Location Street View
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
2392
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1930
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Detailed Introduction Of This Home
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.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (53)
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4209 The Strand
USD 6,300,000 0 Beds
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