
Manhattan Beach, California 90266
This rare oceanfront duplex represents a High-Potential Investment Opportunity, listed at $11,999,000. While priced slightly above the $11,879,317 Fair Market Value, the property offers immense long-term upside through its prime location on The Strand. Featuring a 4-Condition Rating, the residence provides a functional foundation for a luxury renovation. With 180-degree coastline views, an oversized 3,498 sq. ft. lot, and proximity to top-rated schools like Grand View Elementary, this is a premier legacy asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking a custom beachfront residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2516 The Strand Subject | $11,999,000* List Price | 4 | 4 | 3,568 | $3,329 | - |
A 1016 The Strand Active | $9,295,000 List Price | 4 | 4 | 2,859 | $3,251 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, this 44-year-old property is functional but significantly dated. While the living areas are well-maintained and staged, the kitchen features older tile countertops, dated cabinetry, and 1980s-style wallpaper on the walls and ceiling. The exterior balcony and window frames also show signs of age, suggesting that while the home is move-in ready for a tenant, it requires comprehensive updates to the kitchens, baths, and systems to meet modern luxury standards.
Elementary School: Hermosa View Elementary School (10/10). Middle School: Manhattan Beach Middle School (9/10). High School: El Segundo High School (10/10).
Welcome to 2516 The Strand - a rare oceanfront duplex opportunity on an oversized 3,498 square foot beachfront lot (33’ x 105’) in the heart of Manhattan Beach. Perfectly positioned along one of the South Bay’s most iconic stretches of coastline, this approximately 3,568 square foot property offers versatility today, with extraordinary future potential. Enhancing the uniqueness of the property, an existing view easement across the neighboring property to the north makes the home live more like a corner lot, with sweeping coastline views that extend beyond 180 degrees. The property is thoughtfully configured as two spacious 2-bedroom, 2-bath residences, with the upper unit occupying the entire top level and the lower unit offering its own comfortable beachside living experience. Whether held as an income property, used for multi-generational living, enjoyed as a coastal retreat, or reimagined as a future custom Strand residence, the opportunity is compelling. The upper residence captures classic Manhattan Beach oceanfront living with expansive living areas, abundant natural light, and multiple outdoor spaces that embrace the beachfront setting. Front and rear balconies create indoor-outdoor flow, while fireplaces in both the living room and primary bedroom add warmth, character, and a sense of retreat. The lower residence offers generous living space and immediate access to the Strand lifestyle just outside the door. Rare for a beachfront property, the home also features exceptional parking with a 2-car garage plus additional parking for four vehicles in the driveway and carport area - an invaluable amenity in this premier location. From the sand, surf, volleyball courts, and bike path to the shops and restaurants of Downtown Manhattan Beach, this is a legacy coastal property in one of the most desirable beachfront locations in Southern California. A rare chance to own, enjoy, invest, or build on The Strand.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.2 mi
Grades K-5 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 4.0 |
| Square foot | 3,568 | 2,955.5 |
| Lot Size | 3,498 | 2,024.5 |
| Price | $12.00M | $5.29M |
| Price per sq ft | $3.4K | $1.7K |
| Built year | 1980 | 1971 |
| HOA | $0 | $0 |
| Days on market | 55 | 98 |
May 28, 2026
$11,999,000
Initial Listing