Lot Size:0.08 Acres
Ideally situated on the north corner of Marine Avenue and the Strand and fronting one of the best beaches in town, 2200 The Strand presents a once-in-a-lifetime opportunity. Currently a multi-residence property, this building encompasses four separate units and features an oversize deck overlooking the beach and displaying an unobstructed 180-degree view of the Pacific, from Palos Verdes to Malibu. The four units currently housed in the building offer rental property opportunities and feature two three-bedroom, two-bath units and two one-bedroom, one-bath units. The three-bedroom units both feature ocean views, kitchens with updated appliances and original details, and light and bright living rooms for easy seaside living. The one-bedroom units share the vast deck with incredible, panoramic ocean views and space for entertaining or lounging in the gorgeous Southern California sunshine. Large bedrooms, hardwood floors and updated appliances offer coastal charm and modern conveniences. Parking for seven ensures all residence parking needs are met. Located within walking distance of award-winning Grandview Elementary in the Gaslamp neighborhood, this property is also convenient for families. Both downtown Manhattan Beach and the shops and restaurants of North Manhattan are equidistant from this site. Wake up to crashing surf and take in breathtaking views and the sound of seagulls overhead from this perfectly positioned, multi-unit building in the heart of Manhattan Beach.
Address:2200 The Strand Manhattan Beach, CA 90266
Area:(142) Manhattan Bch Sand
Stories:Three Or More
Total Units: 4
Unit 1: 1 Unit•3 Beds•2 Baths•1 Garage•Unfurnished•$5,900 actual rent•$5,900 total rent•$6,500 pro forma
Unit 2: 1 Unit•3 Beds•2 Baths•1 Garage•Unfurnished•$5,100 actual rent•$5,100 total rent•$6,500 pro forma
Unit 3: 1 Unit•1 Bed•1 Bath•1 Garage•Unfurnished•$3,100 actual rent•$3,100 total rent•$3,500 pro forma
Unit 4: 1 Unit•1 Bed•1 Bath•1 Garage•Unfurnished•$2,900 actual rent•$2,900 total rent•$3,500 pro forma
Garage Spaces: 4
Features / Amenities
Rooms: Kitchen, Living Room
Common Walls: 1 Common Wall
Parking Total: 4
Lot Size: 0.08 Acres / 3491 Sq. Ft.
Lot Features: Corner Lot
View: Catalina, Coastline, Ocean
Lot Number: .
Sewer: Public Sewer
Directions:Corner of Marine and Ocean
Tax and Financial Info
Land Lease: No
Electric Expense: 720.00
Insurance Expense: 2262.00
Licenses Expense: 95.00
Maintenance Expense: 6261.00
Trash Expense: 1000.00
Water / Sewer Expense: 1568.00
Total Expenses: 20306.00
Gross Annual Income: 204000.00
WALKING AND TRANSPORTATION
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Listing Information Last Updated 2/29/2020
Listing provided courtesy of David Caskey, Strand Hill Christies International Real Estate.
Based on information from California Regional Multiple Listing Service, Inc. as of February 29, 2020. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.