1812 The Strand
About This Property
Originally commissioned by a couple with a world-class art collection, the home was thoughtfully designed as a private gallery space - with soaring volumes, concrete construction (rumored to be engineered to withstand hurricanes and tsunamis), and a powerful, minimalist aesthetic that's as rare as the location itself. While the art has moved on, the canvas remains, offering endless possibilities: reimagine, refresh, or start anew.
And here's where it gets even more exciting: the property directly to the south is also available, creating the exceedingly rare potential for a side-by-side acquisition. Buyers are encouraged to verify with the City of Manhattan Beach for future plans - but if approved, this could become one of the most extraordinary double-lot opportunities ever to come to market on The Strand.
Location is everything - and this address delivers: perched on an elevated section above the bike path, with sweeping views from Malibu to the Manhattan Beach Pier, and just a few short blocks to the heart of downtown Manhattan Beach's celebrated dining, shopping, and beach lifestyle.
Whether you're an architecture enthusiast drawn to its artistic soul, or a visionary ready to create a new Strand legacy, this is a once-in-a-generation offering that demands attention.
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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 | $13,000,000 | |
| Listed by eXp Realty of California, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017