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1000 The Strand, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 10 bed, 9 bath

1000 The Strand, Manhattan Beach, California 90266 home-pic-0
ACTIVE$24,900,000
1000 The Strand, Manhattan Beach, California 90266
10Beds
9Baths
5,967Sqft
4,979Lot
Year Built
1922
Close
-
List price
$24.9M
Original List price
$30M
Price/Sqft
$4,173
HOA
-
Days on market
-
Sold On
-
MLS number
SB23213904
Home ConditionExcellent
Features
Excellent View: Bay, Catalina, City Lights, Coastline, Mountain(s), Ocean, Panoramic
Deck
ViewBay,Catalina,City Lights,Coastline,Mountain(s),Ocean,Panoramic

About this home

We found 4 Cons,6 Pros. Rank: price - $24.90M(99th), sqft - 5967(95th), beds - 10(99th), baths - 9(99th).

Unique, Special, Exceptional, Irreplaceable, One of a Kind! Do not miss your opportunity to own one of the most coveted properties in Manhattan Beach. Rarely do you find a home with so much character and original charm. Recently remodeled, this elegant, and iconic, estate is perfectly perched on a 4979sq ft (1 1/2 lots) South Facing Corner lot. One of the main advantages of a South Facing corner lot is the amount of sunlight you’ll enjoy. As the sun rises in the east, and sets in the west, the south side of any house will see the most hours of sunlight during the day. This exquisite property has four units and a total of 5,967sq ft of living space. It lives like a 3559sq ft 5 bedroom/ 4.5 bath Ocean Front "Main House" (included in this sq ft and bd/bth count is an attached 1024sq ft one bedroom in-law suite with full kitchen and separate entrance) and two 1204 sq ft two bedroom rear "townhouse style" guest homes. Because this home is elevated, it is very private and boasts some of the best ocean views in the Southbay. If all that were not enough, you have a large grassy yard and one of the largest entertaining decks you will ever see! Better hurry, this gorgeous masterpiece will not last.

Nearby schools

9/10
Opal Robinson Elementary School
Public,•K-5•0.5mi
9/10
Grand View Elementary School
Public,•K-5•0.7mi
10/10
Hermosa View Elementary School
Public,•K-3•1.5mi
9/10
Richmond Street Elementary School
Public,•K-5•2.8mi
8/10
Hermosa Valley Elementary School
Public,•4-8•1.4mi
9/10
Manhattan Beach Middle School
Public,•6-8•1.7mi
8/10
El Segundo Middle School
Public,•6-8•2.6mi
9/10
Mira Costa High School
Public,•9-12•1.4mi
10/10
El Segundo High School
Public,•9-12•2.8mi

Price History

Date
Event
Price
05/31/17
Sold
$21,000,000
Condition Rating
Excellent
Despite being built in 1922, the property has been 'recently remodeled' to an exceptionally high standard, as evidenced by the images. The kitchens feature modern, high-end stainless steel appliances, sleek cabinetry, and premium countertops. Bathrooms are luxurious with contemporary fixtures, large walk-in showers, and high-quality tiling. Throughout the property, there are pristine hardwood floors, recessed lighting, and fresh, modern finishes, indicating a comprehensive renovation within the last 5 years. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Hermosa View Elementary School (10/10). Middle School: Manhattan Beach Middle School (9/10). High School: El Segundo High School (10/10).
Unparalleled Location & Panoramic Views: Situated on 'The Strand' in Manhattan Beach, this oceanfront property offers some of the best panoramic views in the South Bay, including Catalina, city lights, coastline, mountains, and the Pacific Ocean.
Unique & Iconic Estate with Character: Described as 'Unique, Special, Exceptional, Irreplaceable, One of a Kind!', the estate retains its original charm while benefiting from a recent remodel, making it an iconic and highly coveted property.
Versatile Multi-Unit Configuration: The property comprises four units, including a 5-bedroom/4.5-bath main house with an attached 1-bedroom in-law suite and two separate 2-bedroom 'townhouse style' guest homes, offering significant flexibility for family, guests, or potential income.
Expansive South-Facing Corner Lot & Outdoor Living: Perched on a generous 4979 sq ft (1 1/2 lots) south-facing corner lot, the property enjoys abundant sunlight, a large grassy yard, and one of the largest entertaining decks available.
Enhanced Privacy & Elevation: Its elevated position provides exceptional privacy, a rare and valuable attribute for a property directly on The Strand, enhancing the exclusive living experience.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4979, living area = 5967.
Significant Price Adjustment: The property has undergone a substantial price reduction from its original list price of $30,000,000 to $24,900,000, which may indicate initial overpricing or market resistance.
Age of Construction: Built in 1922, despite being recently remodeled, an older property may entail specific maintenance considerations or potential unforeseen costs associated with historic structures.
Niche Market Appeal: Given its unique multi-unit configuration, iconic status, and ultra-luxury price point, the property appeals to a very specific and limited buyer pool, which could lead to a longer sales cycle.

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