NOT LISTED FOR SALE

4004 The Strand Manhattan Beach, CA 90266

3 Beds
2 Baths
1,544 Sq Ft
3,479 Sq Ft Lot

Last Sold June 12, 2015

Last sale price $6,000,000 $3,886 Per Sq Ft

About This Home

As of June 2015

Presenting an opportunity to build your dream home on one of the best beaches in the country! Unobstructed whitewater views from Malibu to Catalina Island. Currently a rental property with two units providing $5,000 per month income, this property features 33+ feet of Strand frontage with a total lot of 3,479 square feet. Build up to 4,900 SF custom beach home (Buyer to verify). Or build two custom condos. This part of the Manhattan Beach Strand is family friendly and is enjoying more and more full time residents. Conveniently located less than ten minutes to the 105 and 405 freeways and LAX. Extra visitor parking available in the nearby public lot. Enjoy the best of the beach right in you front yard! (Please note: the address on the Strand side of the property is 4003.)

Last Agent to Sell the Property

Joseph Franklin

Keller Williams Beach Cities License #01936986 Listed on: 06/12/2015

Co-Listed By

Martin Ensbury

Lyon Stahl Investment Real Estate, Inc. License #00815392

Last Buyer's Agent

Joseph Franklin

Keller Williams Beach Cities License #01936986 Listed on: 06/12/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 3,479 Sq Ft Lot
  • Ocean Front
  • No Common Walls

Parking

  • 2 Car Garage

Home Design

  • 1,544 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Property has ocean access
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 4103
  • Assessor Parcel Number 4137009031

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $2,000
  • Trash Expense $1,200
  • Water Sewer Expense $2,400
  • New Taxes Expense $65,462
  • Gross Income $60,000
  • Net Operating Income $39,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Zoning: No Zoning Found!
  • Property Type: Residential Income
  • Parcel Number: 4137009031
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 3479.00
  • Price Per Lot Square Foot: 1724.63
  • Lot Size Acres: 0.0800

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 3479.0000 Square Feet
  • Net Operating Income: 39000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 21000.00
  • Rent Control: No
  • Waterfront Features: Ocean Access, Ocean Front

Tax Info

  • New Taxes Expense: 65462.00
  • Tax Lot: 19
  • Tax Tract Number: 4103

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2015 06/12/15 Sold $6,000,000 0.0% $3,886 / Sq Ft
06/12/2015 06/12/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $6,000,000 -- $3,886 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15127614

California Regional Multiple Listing Service (CRMLS)