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3812 The Strand

Manhattan Beach, CA 90266
  • $7,500,000
  • STATUS: Active
  • ON SITE: 100 Days
  • ID#: SB23153358
UPDATED: 17 min ago
$7,500,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1972
County:

School Ratings & Info

Listing Agent(s): Robb Stroyke of Bayside (310-545-9595)


Description

Have you ever dreamed of owning and living in a 3 bedroom 2 bath place on The Strand in Manhattan Beach and having somebody else pay for it? Here is your chance. This brilliantly designed, grandfathered, quadraplex features three (3) west facing units with full width beach, white water and ocean view balconies, stacked on top of each other, and one additional unit behind the top floor above the 8 car parking area (which includes 3 garages). The 3 front units have been nicely updated and have open floor plans with kitchen, dining area and living area open to a wall of windows, the balcony, the Strand, beach and beautiful ocean. The rear unit #4 has also been updated and is in nice condition as well, and has some ocean views from the entry balcony, one can see ocean every time they get home. Relax and enjoy the cool ocean breezes virtually every afternoon. What an amazing property and legacy investment. And what a great place to buy and have loved ones live close by. The sale is subject to inspection. Lots of photos to help you visualize the space. Owner's unit #3 and unit #2's original 3 bedroom floor plans have been modified to be 2 bedrooms where the primary is double the depth. One can see how they can be returned to 3 bedroom units pretty easily. Units 1,2 and 4 are in superior condition to owners unit. This legacy asset just needs some love and the rents can grow substantially.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-03T22:25:45.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/142737544
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3812 The Strand Manhattan Beach, CA 90266

  • Price: $7,500,000
  • Status: Active
  • On Site: 100 Days
  • Updated: 17 min ago
  • ID#: SB23153358
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1972
Built
Neighborhood:
142 - Manhattan Bch Sand
County:
Los Angeles
Area:
142 - Manhattan Bch Sand
Property Description
Have you ever dreamed of owning and living in a 3 bedroom 2 bath place on The Strand in Manhattan Beach and having somebody else pay for it? Here is your chance. This brilliantly designed, grandfathered, quadraplex features three (3) west facing units with full width beach, white water and ocean view balconies, stacked on top of each other, and one additional unit behind the top floor above the 8 car parking area (which includes 3 garages). The 3 front units have been nicely updated and have open floor plans with kitchen, dining area and living area open to a wall of windows, the balcony, the Strand, beach and beautiful ocean. The rear unit #4 has also been updated and is in nice condition as well, and has some ocean views from the entry balcony, one can see ocean every time they get home. Relax and enjoy the cool ocean breezes virtually every afternoon. What an amazing property and legacy investment. And what a great place to buy and have loved ones live close by. The sale is subject to inspection. Lots of photos to help you visualize the space. Owner's unit #3 and unit #2's original 3 bedroom floor plans have been modified to be 2 bedrooms where the primary is double the depth. One can see how they can be returned to 3 bedroom units pretty easily. Units 1,2 and 4 are in superior condition to owners unit. This legacy asset just needs some love and the rents can grow substantially.
Exterior Features

Architectural Style CustomTraditional Carport Spaces 3 Carport YN Yes Construction Materials Stucco Entry Level 1 Entry Location South side Exterior Features Rain Gutters Fencing Wood Lot Features Sloped DownRectangular Lot Number Of Separate Electric Meters 4 Open Parking Spaces 2 Parking Features Direct AccessGarage Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type Alley Road Surface Type Alley Paved Roof Composition Spa Features Private Spa YN Yes View CatalinaCity LightsCoastlineOceanPanoramicPierWater View YN Yes Waterfront Features Beach FrontOcean AccessOcean FrontOcean Side Of Highway

Interior Features

Appliances Built-In RangeDishwasherFreezerDisposalGas OvenGas Range Common Walls 1 Common Wall Cooling See Remarks Cooling YN Yes Door Features Sliding Doors Fireplace Features Living Room Fireplace YN Yes Flooring See RemarksTileWood Heating Fireplace(s) Heating YN Yes Interior Features BalconyLiving Room Deck AttachedMultiple StaircasesOpen FloorplanSolid Surface CountersTile CountersBedroom on Main LevelMain Level Primary Window Features Double Pane WindowsSkylight(s)

Property Features

Additional Parcels YN No Common Interest None Community Features BikingFishingGutter(s)Street LightsSidewalksWater Sports Contingency Subject to inspection Electric Standard Electric Expense 100 Fuel Expense 0 Garage YN Yes Gross Income 283200 Gross Scheduled Income 283200 Insurance Expense 3500 Land Lease YN No Laundry Features Laundry Closet Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Maintenance Expense 1200 Net Operating Income 203200 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 80000 Possession Negotiable Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 800 Utilities Electricity AvailableNatural Gas AvailableSewer Connected Water Sewer Expense 800 Water Source Public Zoning MNRH



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-03T22:25:45.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Robb Stroyke of Bayside (310-545-9595)