ViewIsland, City Lights, Other, Ocean, Panoramic, Pier, Water
MLS #SB24179779
Lot Size0.08 Acres
StatusActive
About 4209 The Strand
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.
Property Details
Property Features
Property Information:
Year Built: 1930
Stories: 2
Listing Office:
Office Name: Strand Hill Properties
Office Email: manonthestrand@gmail.com
Listing Agent: Shawn Dugan
Interior Features
Interior Information:
Interior: Balcony, Bedroom on Main Level
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Beach, Ocean Access, Ocean Front
View: Island, City Lights, Other, Ocean, Panoramic, Pier, Water
Parking Information:
Parking: Driveway, On Site, Uncovered
Lot Features
Lot Information:
Lot: Gentle Sloping
Lot Size: 0.08 Acres
Utilities
Utilities Information:
Cooling: None
Other
Directions Information:
Directions: From the Pacific Ocean, look east.
Price Information
Listing Price Info
Price Summary:
List Price: $6,200,000
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Housing Market Comparison
See how this home compares to others in Manhattan Beach, CA.
This property is $3.2M more than the Median Sold Price in Manhattan Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SB24179779
Listing Office:
Office Name: Strand Hill Properties
Office Email: manonthestrand@gmail.com
Listing Agent: Shawn Dugan
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 4:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
Grand View Elementary School
455 24th St
Distance between this listing and this school0.78 miles
Public District Grades KG-5
9
/10
Pacific Elementary School
1200 Pacific Ave
Distance between this listing and this school1.41 miles
Public District Grades KG-5
9
/10
Richmond Street Elementary School
615 Richmond St
Distance between this listing and this school1.46 miles
Public District Grades KG-5
Nearby Schools
8
/10
El Segundo Middle School
332 Center St
Distance between this listing and this school1.51 miles
Public District Grades 6-8
9
/10
Manhattan Beach Middle School
1501 N Redondo Ave
Distance between this listing and this school2.34 miles
Public District Grades 6-8
9
/10
Richard Henry Dana Middle School
5504 W 135th St
Distance between this listing and this school2.58 miles
Public District Grades 6-8
Nearby Schools
10
/10
El Segundo High School
640 Main St
Distance between this listing and this school1.54 miles
Public District Grades 9-12
3
/10
Arena High (Continuation)
630 Arena St
Distance between this listing and this school1.57 miles
Public District Grades 9-12
8
/10
Da Vinci Communications
201 N Douglas St
Distance between this listing and this school2.34 miles
The neighbors living near this home have an average income of $107,500. Residents of Manhattan Beach, CA typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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This home is located at 4209 The Strand in Manhattan Beach, CA and zip code 90266 in the Manhattan Beach Sand neighborhood. This home, which was built in 1930, sits on a 0.08 acre lot. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $6,200,000.
Over 7 listings were sold over their listed price in October 2024 in Manhattan Beach, CA. In the same period over 28 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in Manhattan Beach, CA between September 2024 and October 2024 decreased by 1.4%. The median list price of listings available in October 2024 was $2,975,000, while the average time on the real estate market was 48 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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