
Manhattan Beach, California 90266
Analysis of 2516 The Strand, Manhattan Beach, California 90266 is currently available with a list price of $11,999,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1980, this 46-year-old property is functional but significantly dated. While the living areas have been refreshed with contemporary flooring and white paint, the kitchen retains 1980s-era white tile countertops, older cabinetry, and dated wallpapered ceilings. The listing's heavy emphasis on 'future potential' and 'reimagining' the lot as a custom residence indicates the current structure is nearing the end of its economic life, though it remains move-in ready for now.
Elementary School: Hermosa View Elementary School (10/10). Middle School: Manhattan Beach Middle School (9/10). High School: El Segundo High School (10/10).
The property sits on an oversized 3,498 square foot lot with a rare 33-foot frontage, offering significantly more space and development potential than the standard 30-foot Strand lots.
A unique view easement over the neighboring property to the north ensures unobstructed, 180-degree coastline views, allowing the home to function and feel like a premium corner lot.
Built in 1980, the existing duplex may require substantial modernization or a complete rebuild to align with the luxury expectations and finishes of contemporary beachfront estates.
At a nearly $12 million price point, the property represents a significant capital investment for buyers who may still face high demolition and construction costs to realize its highest and best use.
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 three 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 62% |
| Baths | 4.0 | 2.0 | 67% |
| Square foot | 3,568 | 2,804 | 71% |
| Lot Size | 3,498 | 2,699 | 67% |
| Price | $12.00M | $3.90M | 95% |
| Price per sq ft | $3.4K | $1.6K | 86% |
| Built year | 1980 | 1960 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 124 | 5% |
May 28, 2026
$11,999,000
Initial Listing