Keegan Cin | Realtor® | License # DRE 01971604

Property

Manhattan Beach, CA 90266 2208 The Strand

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Presented By: Shawn Dugan with Strand Hill Properties; manonthestrand@gmail.com
  • MLS# SB25029527
  • 03/31/2025
  • Request Tour
  • Request Info
  • Beds • 9
  • Baths • 8
  • SQFT • 5,193
  • Garage • 9
  • Year Built • 1972

Home Details

Introducing 2208 The Strand, a rare and extraordinary trophy income property in the heart of Manhattan Beach. This fully renovated four-unit building offers an unparalleled opportunity to own a piece of Southern California’s most coveted coastline at an incredible value—less than $3.3M per unit, with a pro forma 5.50% cap rate and $1.1M in projected GSI. Whether you're looking for a prime buy-and-hold investment, a personal beachfront retreat, or a way to maximize income through short-term rentals (permitted in the Coastal Zone), this property offers endless possibilities. Spanning 5,193 sq. ft., the building features four spacious units, including three 2-bedroom, 2-bath units and one 3-bedroom, 2-bath unit. Each unit is designed for luxury and privacy, occupying its own floor with no shared walls and boasting breathtaking ocean views from Palos Verdes to Malibu. The modern coastal aesthetic is highlighted by smooth-coat stucco exteriors and Fleetwood glass doors, seamlessly blending sleek design with the natural beauty of the Pacific. In addition to its stunning interiors and views, the property offers nine garage parking spaces and on-site laundry facilities, adding convenience for residents and tenants. Perfectly situated just steps from the beach, downtown Manhattan Beach, and the vibrant amenities of North Manhattan, this location offers the ultimate coastal lifestyle. Whether you choose to live in the owner’s unit and rent the others or maximize returns with short-term and long-term leasing strategies, this is a once-in-a-lifetime chance to own a premier multi-unit property on The Strand. Don’t miss this exceptional investment opportunity—contact us today.
Presented By: Shawn Dugan with Strand Hill Properties; manonthestrand@gmail.com

Interior Features for 2208 The Strand

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
Heating Y/NYes
Interior AmenitiesBalcony
Laundry FeaturesCommonArea, InGarage
Total Stories4

Other Rooms

Entry Level1

General for 2208 The Strand

Additional Parcels Y/NNo
AppliancesGasCooktop, GasOven, WaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate3.78
Carport Y/NNo
CityManhattan Beach
Community FeaturesCurbs, Sidewalks
CoolingNone
CountyLos Angeles
DirectionsFrom Highland Ave go west on Marine and right on Ocean Dr.
Electric Expense1608.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense648.0
Garage Spaces9.0
Garage Y/NYes
Gross Income672228.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense5778.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Listing TermsCashToNewLoan, OwnerWillCarry
Lot Size Square Feet3512.0
Lot Size UnitsSquareFeet
MLS Area142 - Manhattan Bch Sand
MaintenanceExpense3888.0
MobileHomeRemainsYNNo
Net Operating Income490781.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Operating Expense181447.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofFlat
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot8
Taxes$162,437
Total Actual Rent56019.0
Trash Expense960.0
ViewCatalina, Coastline, Ocean, Panoramic, Pier, Water
Virtual TourClick here
Virtual TourClick here
Water Sewer Expense1608.0
Waterfront FeaturesBeachAccess, BeachFront, OceanSideOfFreeway, OceanSideOfHighway
Waterfront Y/NNo
Year Built1972
Year Built SourceAssessor
ZoningMNRH

Exterior for 2208 The Strand

Building Area Total5193.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesStreetLevel
Lot Size Acres0.0806
Lot Size Area3512.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesGarage
Private PoolNo
SpaNo
Total Parking9.0
Water SourcePublic

Additional Details

Price History

Justin Hughey

Price $12,995,000
MLS#SB25029527
List Date 03/31/2025
Property Type Multi-Family
Request Tour
Request Info

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