$14,000,000

1720 The Strand

6 Beds 4 Baths 3,504 Sq.Ft. 3,334 Sq.Ft.

Description

A+ Corner MB Strand, Lot Value Property

Prime Location:
This is a rare chance to secure one of the last premium buildable corner lots on the Strand at an exceptional price. Positioned on the desirable south corner of 18th and The Strand, 1720 offers a prime piece of real estate in the coveted 16th Street to 20th Street corridor. This area provides the perfect balance: close enough to downtown for convenience but far enough from the pier to enjoy a less crowded beach, even during peak summer months.

Property Details:

Main House: 4 bedrooms, 3 bathrooms
Second Unit: 2 bedrooms, 1 bathroom (located above the garage)
Two car garage and 4 additional car parking

Investment Opportunity:

Historical Comparison: A similar corner-lot property at 1700 The Strand sold for $16 million in 2014. This property is now available at a significantly discounted price, making it an unmissable opportunity for savvy investors.
This property is priced to sell quickly, so act fast to secure this exceptional piece of beachside real estate.

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Location

1720 The Strand, Manhattan Beach, CA 90266

Status

Sold

Date Sold

June 10, 2024

Property Amenities

Interior

Laundry room Inside

Fireplace Living Room

Total Bedrooms: 6

Full Bathrooms: 4

Area & Lot

Lot Area 3,334 Sq.Ft.

Living area 3,504 Sq.Ft.

MLS® ID SB24107998

Year Built 1980

School District Manhattan Unified

View Description Ocean,Panoramic

Type Multi-Family

Status Sold

Date Sold June 10, 2024

Exterior

Stories 2

Pool None

Air conditioning None

Water Source Public

Garage Space 2.0

Sewer Public Sewer

Lot Features Corner Lot

Finance

Sales Price $14,000,000

Overview for Manhattan Beach, CA

34,210 people live in Manhattan Beach, where the median age is 42.8 and the average individual income is $118,152. Data provided by the U.S. Census Bureau.

34,210

Total Population

42.8 years

Median Age

High

Population Density Population Density This is the number of people per square mile in a neighborhood.

$118,152

Average individual Income

Residents of Manhattan Beach enjoy a plethora of upscale amenities and an active lifestyle. The city boasts some of the finest dining options, from casual beachside cafes to gourmet restaurants offering diverse culinary experiences. Downtown Manhattan Beach is a shopper's paradise, featuring an array of boutique stores, specialty shops, and local markets. The vibrant nightlife includes trendy bars, live music venues, and charming lounges, perfect for socializing and unwinding.

Manhattan Beach is a haven for outdoor enthusiasts. The scenic Strand, a 22-mile coastal path, is perfect for biking, jogging, and rollerblading, offering unparalleled views of the ocean. Surfing, paddle boarding, and beach volleyball are popular activities, with the Manhattan Beach Pier serving as a hub for fishing and marine exploration. The city’s well-maintained parks and recreational areas provide ample opportunities for picnics, sports, and family gatherings.

Home to top-rated schools and prestigious educational institutions, making it an ideal location for families seeking quality education for their children. The community is known for its friendly and welcoming atmosphere, with numerous events and festivals fostering a strong sense of togetherness. The annual Manhattan Beach Open volleyball tournament, Hometown Fair, and holiday fireworks display are just a few of the many events that bring residents together.

The real estate market in Manhattan Beach is as diverse as its residents, offering a range of properties from luxurious beachfront homes to charming bungalows and modern townhouses. With its prime location, high quality of life, and strong property values, investing in Manhattan Beach real estate is a smart choice for those looking to experience the best of Southern California living.

Embrace the Southern California dream, where coastal elegance meets vibrant community spirit. Whether you're looking for a serene seaside retreat or an active urban lifestyle, Manhattan Beach provides the perfect backdrop for making lasting memories. Come and experience the unmatched beauty and charm of this exclusive seaside haven.

For more info, check the city website here --> Manhattan Beach

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Schools in Manhattan Beach, CA

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The following schools are within or nearby Manhattan Beach. The rating and statistics can serve as a starting point to make baseline comparisons on the right schools for your family. Data provided by the U.S. Census Bureau.

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Manhattan Beach

Discover the epitome of coastal living in Manhattan Beach, California. Nestled along the Pacific Ocean, our beachside community is renowned for its stunning sandy shores, vibrant downtown, and iconic pier. Living in Manhattan Beach offers a lifestyle of relaxation, sophistication, and endless outdoor activities, making it a sought-after destination for families & professionals alike.

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Bryn Stroyke

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