$14,950,000
Est. $83,720/mo920 The Strand, Manhattan Beach, CA 90266
About this home
This is a once in a generation opportunity to acquire a property with triple prime location in one of the best, if not THE BEST, locations in all of Manhattan Beach. Situated at the corner of The Strand and 10th Street, 920 The Strand sits directly across from the volleyball courts, and just steps from the pier as well as Downtown Manhattan Beach with all of it's great restaurants, shopping, and entertainment. A rare corner lot, it offers sweeping ocean views from both the front (West) and side (North), as well as much more abundant natural light, and cooling coastal breezes in comparison to the other properties on the strand with structures on both sides of them. Again, these are benefits, along with added privacy from having only one direct neighbor and adjacency to a quiet walk street, that come only with owning one of the few corner lots on the Strand. Another very unique aspect of this property is that it is being sold completely vacant, giving the new owner maximum flexibility whether for redevelopment, traditional rental income, or the rare opportunity to maximize revenue through short term rentals, as permitted in the Coastal Zone. This 4 unit property includes one 1-bedroom unit and three 2-bedroom units, all with amazing ocean views, as well as an extremely spacious outdoor area to enjoy the coastal lifestyle, soak up the sun, people watch, take in countless breathtaking sunsets, enjoy the big firework show, or enjoy having the best seat in the house for the AVP volleyball tournament. This unique offering is ideal for a visionary developer, a savvy investor seeking a trophy rental, or an owner who wants to live in one unit while generating income from the others. A truly rare opportunity on the Strand. Do not miss it!
infoProperty Facts
Bedrooms
6
Bathrooms
5
Square Feet
3,083
Lot Size
3,333 sqft
Year Built
1957
Property Type
Quadruplex
Days on Market
7
HOA Fee
N/A
Garage Total
3
MLS #
OC26043254
chairInterior Details
General Interior
Fireplace
Living Room
Kitchen & Appliances
Laundry
Common Area, Laundry Room
garageParking
Total Parking Spaces
3
Garage Spaces
3
Attached Garage
Yes
deckExterior & Lot
Lot & Grounds
Lot Features
Rectangular Lot, Walkstreet
Sewer
Public Sewer
Water Source
Public
diversity_3Community & HOA
Association Info
Community Features
Sidewalks
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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