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3404 The Strand
Manhattan Beach, CA 90266
Status: Active

List Price $14,995,000
Estimate*: $14,695,100 – $15,144,950

3404 The Strand
Manhattan Beach, CA 90266
Status: Active

List Price $14,995,000
Estimate*: $14,695,100 – $15,144,950

8 Beds
7 Baths
5,568 SqFt
1974 Year Built
0 HOA fees

8 Beds
7 Baths
5,568 SqFt
1974 Year Built
3404 The Strand Listing Description

This irresistible home plus home opportunity features a fabulous three story Strand fronting home, with a rear home that’s grandfathered in, built way above today’s height limits, offering unparalleled 220 degree panoramic, unblockable views from PV Peninsula to the Santa Monica Mountains, which is unheard of on the Strand. The front home, 3404 THE STRAND, features 3556sf, w/ 4 beds & 3.5 baths. The Strand level features a huge beach room for TV, movies & every sort of entertaining w/ wet bar, a full bathroom & bonus room that might be converted to a 5th bedroom. The sliding doors & folding windows allow the beach room to have access to a covered patio sitting above the Strand. Enter the home through the front door off a gated, exclusive Southern walkway into a wind sheltered flagstone patio which separates the 2 buildings. From the front door you are immediately captivated by the breathtaking ocean views. This floor consists of a powder room, a large office/bedroom, an open great room w/ a killer dining area & gourmet kitchen featuring SS Subzero fridge/freezer, top of the line Thermador 6 burner range w/ griddle & dual Thermador dishwashers. The west facing deck, spans the entire width of the property & overlooks the Strand,bike path,beach & the sparkling Pacific Ocean. The REAR HOME is 3405 OCEAN DR. which sits above a 6 car, triple tandem side by side garage. Above the garage is a remodeled, spacious 2,012sf, 4 bed, 3.5 bath home w/ unblockable ocean views from both floors. The owners call it “Heaven’s Door” as it sits 30’ tall & towers over every other Strand property in MB. It is grandfathered in, built in the mid 1970’s, under the old 6 point height calculations & can never be replicated. Exclusive access to this unique, rear home is via a stairwell on the north side off Ocean Dr. The REAR HOME RENTS for roughly $18-20k/MO. covering property taxes+, or a healthy chunk of debt. Or, if one is looking for a stable investment return, one could rent out both homes for roughly $55K a month or $660k a year. At asking price that is a healthy ROI of approx 3% Cap Rate. The owners currently use it as an office, but also as a world class guest house for family & visitors given the unique privacy & flexibility of the property. This location offers a quick exit out of town, or handling daily necessities just 2 blocks away at NMB’s restaurants, shops, gyms, spas, & pubs. And NMB’s bigger, better surf is right out front. TWO GREAT HOMES FOR THE PRICE OF ONE.

Property Details
Price $14,995,000
Bedrooms 8
Full Baths 6
Half Baths 1
Total Baths 7
Property Style Custom Built,See Remarks
Lot Size Area 3507
Lot Size Area Units Square Feet
Acres 0.0805
Property Type Residential
Sub Type SingleFamilyResidence
Features Balcony,Bar,Beamed Ceilings,Built-in Features,Copper Plumbing Full,Granite Counters,Living Room Balcony,Open Floorplan,Pantry,Pull Down Stairs to Attic,Recessed Lighting,Stone Counters,Storage,Vacuum Central,Wired for Sound
Exterior Features Barbecue Private,Rain Gutters
Year Built 1974
View Bay,Catalina,City Lights,Coastline,Harbor,Hills,Marina,Neighborhood,Ocean,Panoramic,Pier,White Water
Roof Composition,Shingle
Waterfront Beach Front,Ocean Access,Ocean Front,Ocean Side of Freeway,Ocean Side Of Highway 1
Heating Central,Fireplace(s),Forced Air,Radiant,Zoned
Lot Description 2-5 Units/Acre,Gentle Sloping,Landscaped,Rectangular Lot,Park Nearby,Sprinklers Drip System,Sprinklers In Rear
Laundry Features Individual Room
Pool features None
Parking Description Built-In Storage,Direct Garage Access,Driveway Up Slope From Street,Garage,Garage Faces Rear,Garage – Three Door,Garage Door Opener,Off Street,Private,See Remarks
Parking Spaces 8
Garage spaces 6
Valuation Results for 3404 The Strand
Low Valuation: $14,695,100 High Valuation: $15,144,950

Check Value Estimate

Property Location + Address
Address 3404 The Strand, Manhattan Beach, CA 90266
Postal Code 90266
City Manhattan Beach
State CA
Country United States

Directions North of 34th and Ocean, Detached in front of 3405 Ocean Drive home also included
County Los Angeles
Latitude 33.898752
Longitude -118.418781
Market Area 142 – Manhattan Bch Sand
Walkability in Manhattan Beach 90266

Restaurants near 3404 The Strand

Listing Agent & Brokerage
Listing Office Bayside
Listing Agent Robb Stroyke
Virtual Tour URL
Manhattan Beach MLS Listing Details
Days on market 28
MLS Status Active
Listing Date Apr 21, 2022
Listing Last Modified May 19, 2022
Tax ID 4175028017
MLS Area 142 – Manhattan Bch Sand
MLS # SB22081352
Manhattan Beach School Information
School Information
District Manhattan Unified District Manhattan Unified

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