1000 The Strand - Apartments FOR SALE


Manhattan Beach, CA 90266
$24,900,000 USD
310-678-7158
1000 The Strand, Manhattan Beach, CA for Sale
$24,900,000 USD
Apartments - FOR SALE
1/76
null | Request Cap Rate

1000 The Strand
Manhattan Beach, CA 90266


HIGHLIGHTS

  • Oversized (1.5x) South Facing Corner Lot
  • Best Location in Manhattan Beach
  • 400sq ft Deck
  • Remodeled Like New
  • Short Stroll to Downtown Manhattan Beach
  • Panoramic Ocean View

OVERVIEW

Unique, Special, Exceptional, Irreplaceable, One of a Kind! Do not miss your opportunity to own one of the most coveted properties in Manhattan Beach. Rarely do you find a home with so much character and original charm. Recently remodeled, this elegant, and iconic, estate is perfectly perched on a 4979sq ft (1 1/2 lots) South Facing Corner lot. One of the main advantages of a South Facing corner lot is the amount of sunlight you’ll enjoy. As the sun rises in the east, and sets in the west, the south side of any house will see the most hours of sunlight during the day. This exquisite property has four units and a total of 5,967sq ft of living space. It lives like a 3559sq ft 5 bedroom/ 4.5 bath Ocean Front "Main House" (included in this sq ft and bd/bth count is an attached 1024sq ft one bedroom in-law suite with full kitchen and separate entrance) and two 1204 sq ft two bedroom rear "townhouse style" guest homes. Because this home is elevated, it is very private and boasts some of the best ocean views in the Southbay. If all that were not enough, you have a large grassy yard and one of the largest entertaining decks you will ever see! Better hurry, this gorgeous masterpiece will not last.

FOR SALE DETAILS

PRICE

$24,900,000 USD

PRICE/SF

$4,173 USD /SF

# OF UNITS

4

PRICE/UNIT

$6,225,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,979 SF

ZONING

MNRH

APN/PARCEL ID

4179-018-015

ASK ABOUT THIS PROPERTY

Brett ZebrowskiPalm Realty Boutique DRE 01313739More Info
310-678-7158

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Brett ZebrowskiPalm Realty Boutique DRE 01313739More Info
310-678-7158

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.