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2208 The Strand
Manhattan Beach, CA 90266
Multifamily Property For Sale
·
4 Units
Investment Highlights
- "A" Location, Beachfront Trophy Property in Central Manhattan Beach
- No shared walls; Each unit on its own floor with direct ocean views
- $3.6M per door: Far below individual condo market values
- 4 Units with total 5,200 sq.ft. offer incredible income potential
- Fully refurbished exterior and interior, with elegant finishes
- Pro Forma: 23 GRM and 3.00% cap rate
Property Facts
| No. Units | 4 | Building Size | 11,947 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1972 |
| Building Class | C | Parking Ratio | 1.73/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | MNRH - Residential, High Density | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 11,947 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1972 |
| Parking Ratio | 1.73/1,000 SF |
| Zoning | MNRH - Residential, High Density |
Amenities
Unit Amenities
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Heating
- Eat-in Kitchen
- Kitchen
- High Speed Internet Access
- Refrigerator
- Stainless Steel Appliances
- Views
- Deck
- Dining Room
- Double Pane Windows
- Patio
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Waterfront
- Furnished Units Available
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $9,295 | - |
| 2+2 | 3 | $9,095 | - |
Property Taxes
| Parcel Number | 4177-028-011 | Improvements Assessment | $606,839 |
| Land Assessment | $9,091,478 | Total Assessment | $9,698,317 |
Property Taxes
Parcel Number
4177-028-011
Land Assessment
$9,091,478
Improvements Assessment
$606,839
Total Assessment
$9,698,317
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