2208 The Strand | Manhattan Beach, CA 90266
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- LoopNet Team
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 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1972 |
| Lot Size | 0.16 AC | Parking Ratio | 1.73/1,000 SF |
| Building Size | 5,193 SF |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.16 AC |
| Building Size | 5,193 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1972 |
| Parking Ratio | 1.73/1,000 SF |
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
- 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 Numbers | Improvements Assessment | $2,380,360 | |
| Land Assessment | $14,329,661 | Total Assessment | $16,710,022 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$14,329,661
Improvements Assessment
$2,380,360
Total Assessment
$16,710,022
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