
Manhattan Beach, California 90266
Analysis of 2120 The Strand, Manhattan Beach, California 90266 is currently available with a list price of $13,999,999. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Manhattan Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property was built in 1972 (over 50 years old) and is being marketed as a development opportunity with approved Coastal Development Permits for a new residence. The listing focuses on the land value and the 'proposed' 5,508 sqft home rather than the existing structure, meeting the criteria for a tear-down.
Elementary School: Hermosa View Elementary School (10/10). Middle School: Manhattan Beach Middle School (9/10). High School: El Segundo High School (10/10).
Situated on a rare corner parcel on The Strand, the property offers unparalleled ocean, pier, and coastline views with maximum curb appeal and enhanced natural light compared to mid-block lots.
The inclusion of final Coastal Development Permit (CDP) approval is a massive advantage, allowing the buyer to bypass years of typical entitlement hurdles and fast-track the construction process.
The $14M acquisition price covers the land and permits only; the buyer must be prepared for the substantial additional investment required to build a 5,500+ square foot high-end custom estate.
The current 1972 triplex is essentially a teardown for this vision, requiring the buyer to manage the demolition of an aging multi-unit building and potentially navigate tenant transitions before breaking ground.
A truly rare opportunity to create a legacy estate on one of Manhattan Beach’s most coveted stretches of The Strand. Situated on a prime corner parcel with final Coastal Development Permit approval in place, 2120 The Strand offers the unique advantage of bypassing much of the lengthy entitlement and planning process—allowing a buyer to fast-track the vision of an extraordinary custom residence. Designed by renowned local architect Michael Lee, the proposed Warm Contemporary home blends sophisticated coastal architecture with expansive natural light and seamless indoor-outdoor living. The elevated corner location provides a commanding presence rarely available on the open market, maximizing both curb appeal and long-term value. The proposed residence spans approximately 5,508 square feet (BTV) and features 7 bedrooms, 7.5 baths, a dedicated studio, and thoughtfully curated living spaces designed for modern luxury living on the beach. This is a generational offering for the discerning buyer seeking scale, location, and the opportunity to build a premier Strand property with much of the groundwork already in motion. See remarks for proposed plans and additional information; buyer to verify all development details.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.1 mi
Grades K-3 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 17.0 | 3.0 | 95% |
| Baths | 15.0 | 2.0 | 95% |
| Square foot | 8,880 | 2,804 | 95% |
| Lot Size | 6,666 | 2,699 | 90% |
| Price | $14.00M | $3.90M | 95% |
| Price per sq ft | $1.6K | $1.6K | 48% |
| Built year | 1972 | 1960 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 131 | 10% |
May 9, 2026
$13,999,999
Initial Listing