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Price dropped $200K Incredible Opportunity ON THE SAND! One of the last under developed parcels on The Strand! Zoned R-4 - Current 3 units rented well below market = upside! Two houses on one lot. The front house has been split into two units one up and one down each with complete kitchens and baths. Spectacular unobstructed waterfront views. Upstairs unit has private view deck. Back house is 2Br/1Ba. All tenants are long term, MTM, and well below market rents. See floor plan for interior detail The front house could easily be restored to a Single Family Residence. Consider keeping the downstairs kitchen and turning the upstairs family room into a Master bedroom overlooking the ocean. The upstairs kitchen could become another bedroom or a huge master bath with a walk in closet to the back. The extra bedroom would make this home a VRBO cash cow. The master bathroom approach would make this a great primary residence or second home. Downstairs unit is currently occupied by a caretaker/manager who receives a discount on the stated rent in return for his duties. Live in one, rent the other or rent them both... Neighborhoods: The Strand Other Fees: 0 Unit # for Unit 1: 1 Unit # for Unit 2: 2 Unit # for Unit 3: 3 Number of Furnished Units: 0
Listing agent: Pete Ceccherini DRE #01095019 pete.ceccherini@rgpobox.com, Listing office: RG Investment R.E. Serv. Inc.
MLS data updated 10/30/2026, 10:21:50 AM PT
Source: CRMLS, MLS #: 160039021
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 9, 2017
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92054 · Oct 2026
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