Market Overview

Rare Opportunity to Own a Piece of The Strand in Manhattan Beach


Rare Opportunity to Own a Piece of The Strand in Manhattan Beach

Keller Williams agents Jeff Yarbrough and America Michael represent 2722 The Strand, one of the largest oceanfront double lots in Manhattan Beach.

PR Newswire

BEVERLY HILLS, Calif., Aug. 06, 2018 /PRNewswire-PRWeb/ -- A RARE OFFERING
The property known as 2722 The Strand is a once-in-a-lifetime opportunity for a new owner to build, divide, expand, or restore. At 6,967 square-feet, it is one of the largest oceanfront double lots in highly-desirable and world-famous Manhattan Beach. A double lot is so rare a commodity, that the City says there are only 8 other double lots in all of Manhattan Beach's Sand Section (and only one triple lot and two one-and-a-half lots). This double lot is also sited on a corner, making its prospects brighter (literally) and its possibilities more infinite. Panoramic views of sky, sand, and the Pacific roll out directly in front of and off to both side of the property. Catalina Island, and the cites of Santa Monica, Palos Verdes, and Malibu are visible to the naked eye. Nothing stands (or ever will stand) between this property and the surf, which is merely 400-feet away.

The immediate area has seen a steady stream of ground-up single-family and condominium construction, as well as a fair amount of extensive renovation to existing architecture. According to preliminary research at the City level, this 2722 The Strand's lot could be developed into a single home of over 11,000 square-feet. Because of its almost one-of-kind provenance as a double lot, it could be divided into two lots and two new single-family homes could be developed. There is also the possibility of building a two to three-unit condominium building on the site. Research also indicates the possibility of subterranean parking for up to 18 cars.

As it currently sits, the 6,025 square-foot residence at 2722 The Strand is and eight-bedroom, nine-bathroom structure on three levels. It's a versatile mid-century structure has main and guest quarters, an interior courtyard, walls of glass, offices, and parking for up to 10 cars. Views of the ocean abound from nearly every room, including the living and dining rooms. The home has two kitchens (plus one kitchenette); one with newer stainless-steel appliances, Caesarstone and granite counter tops. The home's master suite has a private balcony with ocean views. The house has two offices and a large laundry room.

Let's talk about the crown jewel of the South Bay for a second, shall we? Manhattan Beach is one of three beach cities in the South Bay and is arguably the prettiest, shiniest and most charismatic of the bunch. In fact, Manhattan Beach has been nicknamed the "Pearl of the South Bay" for its beauty and desirability. The city is broken up into several neighborhoods, has a population of over 35,000 people and spreads over an area of 3.88 square miles. Parking in these parts might be scarce, but the incredible views and beach access more than make up for it.

This phenomenal property is currently listed by Keller Williams Beverly Hills agent Jeff Yarbrough and Keller Williams Beach Cities agent America Michael. What do these agents have in common? They are both consistently rank among the top professionals in their marketplace; they both have long and prosperous real estate backgrounds; they both put consistently put their clients first; and they both have hearts for giving back. Yarbrough donates money from every sale to animal rescues. When The Strand sells, he is sharing $10,000 with Central Coast Pug Rescue. Michael is a member of Giveback Homes, the premier social good real estate platform, and in partnership with Habitat for Humanity, her team will be working together in October to help build a home for a family in Long Beach. Michael has participated in a previous Los Angeles Build Days with Keller Williams, multiple fundraising events, and traveled to Nicaragua to build a home for a family in need.

This is a truly property that shines above the rest matched with two agents who shine above the rest. We'd call that a perfect match.

Keller Williams Beverly Hills and Keller Williams Beach Cities are under the ownership umbrella of Forward Management. Forward Management, founded in 2003, is the 18th largest residential real estate brokerage in the United States by closed volume. Operating as 12 offices across Central and Southern California, Forward Management has seen phenomenal growth and success over recent years, reaching $6.1 Billion in closed volume in 2018. Founder and CEO Paul Morris believes the success of Forward Management will continue as they grow their collaborative network and continue to operate as the vehicle to their associates individual success.


SOURCE Keller Williams Forward Management

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