
Manhattan Beach, California 90266
Analysis of 920 The Strand, Manhattan Beach, California 90266 is currently available with a list price of $13,950,000. 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.
Built in 1957 and marketed primarily as a 'once in a generation' redevelopment opportunity, this property is valued for its rare corner lot location on The Strand. The structure is over 65 years old with no record of major renovations, and the listing explicitly targets 'visionary developers' for potential demolition and new construction to maximize the site's $15 million value.
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 lot at The Strand and 10th Street, the property offers unmatched proximity to the pier and downtown Manhattan Beach while providing superior natural light and privacy compared to mid-block lots.
Delivered completely vacant, the property provides a blank canvas for redevelopment or immediate high-yield revenue through short-term rentals, which are uniquely permitted within this Coastal Zone.
Built in 1957, the existing four-unit structure likely requires significant capital expenditure for modernization or a complete teardown to realize the site's full luxury potential.
The nearly $15 million entry price represents a massive initial investment, requiring a sophisticated developer or investor to navigate high carrying costs during the renovation or entitlement process.
This is a once in a generation opportunity to acquire a property with triple prime location in one of the best, if not THE BEST, locations in all of Manhattan Beach. Situated at the corner of The Strand and 10th Street, 920 The Strand sits directly across from the volleyball courts, and just steps from the pier as well as Downtown Manhattan Beach with all of it's great restaurants, shopping, and entertainment. A rare corner lot, it offers sweeping ocean views from both the front (West) and side (North), as well as much more abundant natural light, and cooling coastal breezes in comparison to the other properties on the strand with structures on both sides of them. Again, these are benefits, along with added privacy from having only one direct neighbor and adjacency to a quiet walk street, that come only with owning one of the few corner lots on the Strand. Another very unique aspect of this property is that it is being sold completely vacant, giving the new owner maximum flexibility whether for redevelopment, traditional rental income, or the rare opportunity to maximize revenue through short term rentals, as permitted in the Coastal Zone. This 4 unit property includes one 1-bedroom unit and three 2-bedroom units, all with amazing ocean views, as well as an extremely spacious outdoor area to enjoy the coastal lifestyle, soak up the sun, people watch, take in countless breathtaking sunsets, enjoy the big firework show, or enjoy having the best seat in the house for the AVP volleyball tournament. This unique offering is ideal for a visionary developer, a savvy investor seeking a trophy rental, or an owner who wants to live in one unit while generating income from the others. A truly rare opportunity on the Strand. Do not miss it!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-3 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.3 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,083 | 1,926.857 |
| Lot Size | 3,333 | 1,596 |
| Price | $13.95M | $4.89M |
| Price per sq ft | $4.5K | $1.8K |
| Built year | 1957 | 1967 |
| HOA | $0 | $0 |
| Days on market | 195 | 101 |
Jul 17, 2026
$13,950,000
$14,450,000
-3% Price Drop
Initial Listing
Apr 30, 2026
$14,450,000
$14,950,000
-3% Price Drop
Initial Listing
Feb 26, 2026
$14,950,000
Initial Listing