$7,500,000
For Sale

3812 The Strand

Manhattan Beach, CA 90266
4932 sqft | 12 beds | 8 baths | 0.08 acres | #SB24064053
Listing OfficeBayside
Browse 73 photos
Type:Purchase
Structure:Townhouse
Zone:Residential

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. Active subject to cancelation of existing escrow.

  • Property Details
      • InteriorBalcony, LivingRoomDeckAttached, MultipleStaircases, OpenFloorplan, SolidSurfaceCounters, TileCounters, BedroomOnMainLevel, MainLevelPr
      • ViewBay, Catalina, CityLights, Coastline, Ocean, Panoramic, Pier, Water
      • Utility FeaturesElectricityAvailable, NaturalGasAvailable, SewerConnected
      • Lot DescriptionSlopedDown, RectangularLot
      • School DistrictManhattan Unified
      • Exterior MaterialsRainGutters
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$7,500,000
      • MLS #SB24064053
      • Property SubtypeQuadruplex
      • MLS #SB24064053
      • Structure TypeQuadruplex
      • Property TypePurchase
      • Cost7500000
      • Acres0.0803
      • Utility SourcePublic
      • Square Feet4932
      • Year Built1972
      • Bedrooms12
      • Bathrooms8
      • Full Baths8
      • Stories3
      • Parking Spaces3

Location

Rami ElminoufiReal Estate Group
$
years

Down Payment

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%
20.0%

Interest Rate

%
5.0%

Tax Rate

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1.3%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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