1808 The Strand
About This Property
Sitting proudly on one of the most elevated and sought-after lots on The Strand, this property offers sweeping ocean views that stretch from Malibu to the iconic Manhattan Beach Pier - with the added bonus of being just a few short blocks from the vibrant downtown district, filled with award-winning restaurants, boutique shopping, and beloved coffee spots.
With a private garage, a sunlit eat-in kitchen nook, and the kind of authentic, turn-of-the-century character that simply can't be replicated, this home sweeps you away to another era. Whether you choose to enjoy it exactly as it is or dream up your future beachfront masterpiece, the location alone makes this a once-in-a-lifetime opportunity.
Even more exciting? The adjacent property to the north is also available - offering a rare chance to own two side-by-side Strand homes. Buyers are encouraged to check with the City of Manhattan Beach regarding potential uses; if approved, this could represent one of the most extraordinary double-lot opportunities the Strand has seen in decades.
At this price, in this location, opportunities like this don't just come along - they define legacy ownership on The Strand.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2025 | Sold | ||
| Sold | |||
| May 23, 2025 | In contract | - | |
| In contract | |||
| Apr 23, 2025 | Listed by eXp Realty of California, Inc | $12,750,000 | |
| Listed by eXp Realty of California, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017