920 The Strand,Manhattan Beach, CA 90266
Manhattan Beach, CA 90266
Description
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!
Details
| MLS # | OC26042619 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 176 |
| Listing Provided By | Lima Real Estate Group | Mark Lima |
Features
| SQ Feet | 3,083 |
|---|---|
| Garage | 3 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.08 |
| Property View | Yes |
Exterior
| Lot Features | Corner Lot, Landscaped, Rectangular Lot, Walkstreet |
|---|
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Manhattan Beach |
| Zip Code | 90266 |
| Area | 142 Manhattan Bch Sand |
| Listing VS Median (in 90266) | |
Price: $13,950,000 low | high Med: $687,500 sqft: 3,083 low | high Med: 300 $ / sqft: $4,525 low | high Med: $2,292 On site: 176 low | high Med: 4 | |
Market Activity 90266
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Manhattan Beach |
| Zip Code | 90266 |
| Area | 142 Manhattan Bch Sand |
| Listing VS Median (in 90266) | |
Price: $13,950,000 low | high Med: $687,500 sqft: 3,083 low | high Med: 300 $ / sqft: $4,525 low | high Med: $2,292 On site: 176 low | high Med: 4 | |
