2208 The Strand, Manhattan Beach, California 90266, Manhattan Beach, 90266 - 9 bed, 8 bath

2208 The Strand, Manhattan Beach, California 90266 home-pic-0
ACTIVE$11,995,000
2208 The Strand, Manhattan Beach, California 90266
9Beds
8Baths
5,193Sqft
3,512Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top 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).
Top Cons:
High Entry Price Point: The list price of nearly $12 million represents a substantial investment, limiting the potential buyer pool to ultra-high-net-worth individuals or specialized investment groups.

Compared to the nearby listings

Price:$11.99M vs avg $2.30M (+$9,695,000)91%
Size:5,193 sqft vs avg 1,716 sqft91%
Price/sqft:$2.3K vs avg $1.5K82%

More Insights

Built in 1972 (53 years old).
Condition: Despite being built in 1972, the property has undergone a full and extensive renovation, as explicitly stated in the description and evident in the images. The kitchen features modern flat-panel cabinetry, light quartz-like countertops, subway tile backsplash, and black stainless steel appliances, all in pristine condition. Bathrooms boast modern floating vanities, contemporary fixtures, glass shower enclosures, and stylish subway tiling. Throughout the units, there is consistent light wood-look flooring, recessed lighting, and large Fleetwood glass doors, contributing to a luxurious, modern coastal aesthetic. All visible components appear virtually new, meeting current quality standards with no signs of deferred maintenance, aligning perfectly with the 'excellent' criteria for a recently and extensively renovated property.
Year Built
1972
Close
-
List price
$11.99M
Original List price
$11.99M
Price/Sqft
$2,310
HOA
-
Days on market
-
Sold On
-
MLS number
SB25184587
Home ConditionExcellent
Features
Excellent View: Catalina, Coastline, Ocean, Panoramic, Pier, Water
Deck
ViewCatalina, Coastline, Ocean, Panoramic, Pier, Water

About this home

Introducing 2208 The Strand, a rare and extraordinary trophy income property in the heart of Manhattan Beach. This fully renovated four-unit building offers an unparalleled opportunity to own a piece of Southern California’s most coveted coastline at an incredible value—only $3M per unit, with over $1M in projected GSI. Whether you're looking for a prime buy-and-hold investment, a personal beachfront retreat, or a way to maximize income through short-term rentals (permitted in the Coastal Zone; inquire for income projections), this property offers endless possibilities. Spanning 5,193 sq. ft., the building features four spacious units, including three 2-bedroom, 2-bath units and one 3-bedroom, 2-bath unit. Each unit is designed for luxury and privacy, occupying its own floor with no shared walls and boasting breathtaking ocean views from Palos Verdes to Malibu. The modern coastal aesthetic is highlighted by smooth-coat stucco exteriors and Fleetwood glass doors, seamlessly blending sleek design with the natural beauty of the Pacific. In addition to its stunning interiors and views, the property offers nine garage parking spaces and on-site laundry facilities, adding convenience for residents and tenants. Perfectly situated just steps from the beach, downtown Manhattan Beach, and the vibrant amenities of North Manhattan, this location offers the ultimate coastal lifestyle. Whether you choose to live in the owner’s unit and rent the others or maximize returns with short-term and long-term leasing strategies, this is a once-in-a-lifetime chance to own a premier multi-unit property on The Strand. Don’t miss this exceptional investment opportunity—contact us today.

Nearby schools

9/10
Grand View Elementary School
Public,K-50.2mi
9/10
Opal Robinson Elementary School
Public,K-51.1mi
10/10
Hermosa View Elementary School
Public,K-32.1mi
9/10
Richmond Street Elementary School
Public,K-52.2mi
9/10
Manhattan Beach Middle School
Public,6-81.9mi
8/10
Hermosa Valley Elementary School
Public,4-82.1mi
8/10
El Segundo Middle School
Public,6-82.1mi
9/10
Mira Costa High School
Public,9-122.0mi
10/10
El Segundo High School
Public,9-122.3mi

Price History

Date
Event
Price
07/06/18
Sold
$8,250,000
Condition Rating
Excellent

Despite being built in 1972, the property has undergone a full and extensive renovation, as explicitly stated in the description and evident in the images. The kitchen features modern flat-panel cabinetry, light quartz-like countertops, subway tile backsplash, and black stainless steel appliances, all in pristine condition. Bathrooms boast modern floating vanities, contemporary fixtures, glass shower enclosures, and stylish subway tiling. Throughout the units, there is consistent light wood-look flooring, recessed lighting, and large Fleetwood glass doors, contributing to a luxurious, modern coastal aesthetic. All visible components appear virtually new, meeting current quality standards with no signs of deferred maintenance, aligning perfectly with the 'excellent' criteria for a recently and extensively renovated property.
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).
Prime Beachfront Location: Situated directly on 'The Strand' in Manhattan Beach, offering an exclusive and highly coveted address with immediate access to the beach, downtown, and vibrant local amenities.
Exceptional Ocean Views: Each unit boasts breathtaking panoramic ocean views stretching from Palos Verdes to Malibu, including Catalina, the coastline, and the pier, significantly enhancing desirability and value.
High Income Potential & Versatility: A fully renovated trophy income property with over $1M in projected Gross Scheduled Income (GSI), offering flexible investment strategies including long-term hold, owner-occupancy with rental income, or short-term rentals (permitted in the Coastal Zone).
Fully Renovated & Luxury Design: The four-unit building has been fully renovated with a modern coastal aesthetic, featuring smooth-coat stucco exteriors and Fleetwood glass doors, ensuring a luxurious and contemporary living experience.
Ample Parking & Unit Privacy: Provides nine dedicated garage parking spaces for four units, a significant convenience in a beachfront location, and each unit occupies its own floor with no shared walls, ensuring maximum privacy.

Cons

High Entry Price Point: The list price of nearly $12 million represents a substantial investment, limiting the potential buyer pool to ultra-high-net-worth individuals or specialized investment groups.
Age of Building: Constructed in 1972, the underlying structure is over 50 years old. While fully renovated, this age could still imply potential for higher long-term maintenance costs or unforeseen structural/systemic issues compared to newer construction.
Niche Market Appeal: As a high-value, multi-unit income property on The Strand, its specific nature and price point cater to a very niche market, which could potentially extend the time on market compared to more broadly appealing residential properties.

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