2800 Ocean Drive, Manhattan Beach, CA 90266

$3,200,000 Asking Price

3 beds
4 baths
2,181  sqft
Built in 1960

Exceptional opportunity for developers + owner/users alike! This 1200 sq ft ocean view CORNER lot comes with a fully built out SUBTERRANEAN BASEMENT (761 sq ft) with completed shoring, saving you in building costs for the basement alone. Current architectural plans envision a charming, traditional single-family residence (3bed/4bath) with a basement, two car garage and an elevator shaft for ease of access throughout the three floors + basement. Permits and plans are expired and need to be resubmitted to the city. Located just one block from the Strand in the Sand Section of Manhattan Beach, this lot offers the rare chance to build your dream coastal home in one of the most sought-after neighborhoods. Enjoy the privacy and tranquility of Ocean Drive living. This prime location couldn't be more ideal. If you're seeking a deal to build in Manhattan Beach, this is it! The value in the land alone offers significant potential! This is an AS-IS sale, sold for land/development value only. Buyer to conduct all inspections and due diligence. The existing structure is about 50-60% completed and has been at a standstill. Dont miss this unique investment opportunity!

Features & Amenities

Interior

Laundry:
Other/Remarks
A/C:
Other/Remarks
Fireplace:
N/K

Exterior

Pool:
None
Parking:
Parking spaces: 2

Construction

General:
3 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
MNRH, 4176029011
View:
Ocean,Water
Restrictions:
CC&R's,Coastal Commission

Utilities

Water:
Other/Remarks
Sewer:
Unknown Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
Exquisite Estates, Inc., Ashley Anderson

About Manhattan Beach, CA

Housing

Number of Units
14,428
Median Home Value
$1,157,701
Median Rent
$2,025

33.71% of housing units are renter occupied.

8.17% are vacant.

Commute

Car
44.45%
Public Transportation
0.31%
Walk to Work
1.15%
Work from Home
53.08%
Other
0.84%

The median travel time to work is 16 minutes.

People

Population
34,837
Median Age
42.40
Median Household Size
2.81

Education

High School
5.89%
Associate’s Degree
3.98%
Bachelor’s Degree
41.96%
Graduate Degree
35.00%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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