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4209 The Strand
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For Sale

4209 The Strand

4209 The Strand, Manhattan Beach, CA 90266

$6,300,000

4209 The Strand, Manhattan Beach
5 Bedrooms  |  2 Bathrooms  | 3,505 sq. ft. Lot

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.

4209 The Strand
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."

– Shawn Dugan
4209 The Strand

Features & Amenities

Interior

  • total bedrooms5
  • Total bathrooms4
  • full bathrooms2
  • three quarter bathrooms2
  • Laundry room Common Area
  • Fireplace None
  • other interior Features Balcony, Bedroom on Main Level

Area & Lot

  • Status For Sale
  • Living Area2,392 Sq.Ft.
  • Lot Area3,505 Sq.Ft.
  • MLS® IDSB24179773
  • TypeMulti-Family
  • YEAR BUILT1930
  • NeighborhoodCalifornia- Hermosa Beach | Manhattan Beach | Redondo Beach
  • Water FrontageBeach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side Of Freeway, Ocean Side Of Highway
  • View DescriptionCatalina, City Lights, Coastline, Ocean, Panoramic, Pier, Water
  • School DistrictManhattan Unified

Exterior

  • STORIES2
  • water SourcePublic
  • PoolNone
  • lot featuresGentle Sloping
  • parkingDriveway, On Site, Uncovered
  • AIR CONDITIONINGNone
  • sewerPublic Sewer

Financial

  • Sales Price$6,300,000
  • Zoning MNRH
Shawn Dugan

Shawn Dugan

Work With Shawn

Whether you are purchasing your first home or moving up to your dream property, selling a starter home or an heirloom luxury estate, I make sure no detail is overlooked in helping you reach your goals.