$15,250,000
●
House -
Off Market
108 THE STRAND
Manhattan Beach, CA 90266
5 Beds
8 Baths
6,910 Ft²
$24,055,947
RealtyHop Estimate
50.35%
Since Jan 1, 2019
CA-Los Angeles
Primary Model
About This Property
An architectural tour-de-force setting the standard for modern
beachside elegance. Located on the famed Strand, this bold &
innovative Louie Tomaro designed trophy property features sleek
details perfectly complemented by impeccable finishes and high
quality craftsmanship. Highlighting true indoor and outdoor living,
this 5BD & 8BA compound, set over 6,500 SQFT of glass and steel, is
truly in a league of its own. A dramatic 3 level floating glass
staircase intertwines the lines of custom pocketing Fleetwood doors
that command the entire beach-side of the home, bringing the ocean
into every room. Entertain and enjoy with unparalleled amenities.
Two kitchens (including a Strand level party kitchen), 3 outdoor
fireplaces, high end screening room, Zen inspired yoga studio and
professional gym. Equipped with full service elevator and 5 car
vaulted lift garage.
Unit Size
6,910 Ft²
Days on Market
112 days
Land Size
0.08 acres
Price per sqft
$2,315
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2014
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CLAW #18380096)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2025 | Sold | ||
| Sold | |||
| Aug 14, 2025 | In contract | - | |
| In contract | |||
| Jul 20, 2025 | Price Decreased |
$22,995,000
↓ $5M
(17.9%) | |
| Price Decreased | |||
| Jan 20, 2025 | Listed by Douglas Elliman of California, Inc. | $27,995,000 | |
| Listed by Douglas Elliman of California, Inc. | |||
| | |||
|
An architectural tour-de-force setting the standard for modern beachside elegance. Located on the famed Strand, this bold & innovative Louie Tomaro designed trophy property features sleek details perfectly complemented by impeccable finishes and high quality craftsmanship. Highlighting true indoor and outdoor living, this 5BD & 8BA compound, set over 6,500 SQFT of glass and steel, is truly in a league of its own. A dramatic 3 level floating glass staircase intertwines the lines of custom pocketing Fleetwood doors that command the entire beach-side of the home, bringing the ocean into every room. Entertain and enjoy with unparalleled amenities. Two kitchens (including a Strand level party kitchen), 3 outdoor fireplaces, high end screening room, Zen inspired yoga studio and professional gym. Equipped with full service elevator and 5 car vaulted lift garage.
| |||
| Dec 20, 2018 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Listed On
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HOA + Taxes
About Sand Section
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Listed by: Marisa Rokstad, Douglas Elliman
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18380096
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18380096
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